Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Nigeria says cash for arms seized in S.Africa was 'legitimate'

08 October 2014, 21:33

Abuja - Nigeria said on Wednesday that $15 million that had been seized by South African authorities in two separate incidents was money for 'legitimate' arms deals, and it urged its rival African power to release the funds.

South Africa froze $5.7 million worth of funds that it had been alerted to as suspicious by Standard Bank, money which was purportedly to buy arms including 50 M-75 cannons and 200,000 rounds of ammunition.

The move followed the seizure last month of $9.3 million in cash from a private jet carrying two Nigerians and an Israeli.

Nigeria, which says it needs the arms to fight an insurgency raging in the northeast, said both payments were intended for deals between private companies procuring weapons for Nigerian forces.

Also read: Nigeria sent $9.3 million cash for arms in SAfrica

South Africa's National Prosecutor said in a statement on Tuesday that the latest seizure covered armaments considered 'controlled items', and the deal was being conducted without relevant permits.

The office of Nigeria's National Security Advisor (NSA) Sambo Dasuki, the country's highest security authority, rejected the charge, the latest in a long run of diplomatic spats between Africa's two biggest economies that has soured relations.

"We want to state clearly that a business transaction actually took place between a legitimate company in Nigeria and another legitimate one in South Africa through the bank," NSA spokesman Karounwi Adekunle said in a statement.

He said that the company had not been able to obtain the arms and so tried to refund the money.

South Africa has named the company as Cerberus Risk Solutions. It was not immediately possible to obtain comment from the firm.

The row comes as South Africa and Nigeria are also at loggerheads over the death of 115 South Africans last month in the collapse of a guesthouse attached to a Nigerian church owned by televangelist TB Joshua on Sept 12.

South Africa says Nigeria has refused access to the bodies of the deceased for DNA testing or burial ever since the tragedy, a charge the Nigerians have not responded to.

- Reuters


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...