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Wednesday 8 October 2014

Finally F.G Speaks on Arms deal: Warns South Africa



As Nigerians express anger over the seizure of the country’s $5.7 million arms funds, barely three weeks after the confiscation of $9.3 million also meant for a similar deal, the Federal Government has warned South Africa not to do anything that will jeopardize security and put its investment in Nigeria at risk.The Nigerian government through a bank wired the seized US$5.7 million to an arms dealer in South Africa. South Africa’s Asset Forfeiture Unit of the National Prosecuting Authority said the money, about N952 million, was the proceed of illegal transactions, according to local paper, City Press.

In the case of the first seizure of the $9.3 million, South Africa said the transaction violated its laws on movement of cash. But in a terse reaction to what appears a potential diplomatic spat between the two countries, the Federal Government denied the second transaction was illegal and reminded South Africa of how Nigeria had provided a beneficial environment for South African companies, like MTN, DSTV and a host of others to do business unhindered.
An online publication, Premium Times quoted the National Security Adviser, Sambo Dasuki as saying late Monday: “It is our hope that South Africa would reciprocate this noble gesture,” with a vow to eradicate Boko Haram regardless of the antics of “fifth columnists”.


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