Its the Most Intelligent Show On Radio #LetsTalkWithDayo South Africa busts another secret Nigeria arms deal, seizes $5.7 million *What do you make of this latest development? South African authorities have confiscated yet another US$5.7 million arms money from Nigeria, nearly three weeks after seizing $9.3 million in cash transported by two Nigerians and an Israeli for arms purchase, South Africa-based City Express reported Monday. As with the first deal, South Africa’s Asset Forfeiture Unit of the National Prosecuting Authority seized the $5.7 million (about N952 million) for allegedly being the proceeds of illegal transactions, the paper said. The news came more than two weeks after two Nigerians and an Israeli national were arrested in South Africa after they attempted to smuggle US$9.3 million apparently meant for buying arms for the Nigerian intelligence service. Under South African laws, a person entering or leaving the country is expected to carry cash not exceeding US$2,300, or the equivalent in foreign currency notes.
Posted on: Mon, 06 Oct 2014 22:30:15 +0000
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