Jacob Zuma, the president of South Africa has said that his government will do everything possible to return the monies confiscated by the South African government during the regime of former President Goodluck Jonathan to Nigeria, The Nation reports.
Zuma disclosed this on Tuesday, March 8, while addressing newsmen after the bilateral talks with President Muhammadu Buhari at the Presidential Villa, Abuja.
President Buhari and the South African president discussed several issues aimed at deepening the relationship between the two countries for over two hours
He said the Nigerian and South African governments have joined efforts on the matter and that relevant structures were already recovering some of the loot.
Zuma also said that investigations were ongoing to ensure that anything that was illegally taken to South Africa would be returned.
In September 2014, a private jet owned by president of the Christian Association of Nigeria (CAN) Ayo Oritsejafor containing $9.3m cash was seized by the South African government.
The money which was allegedly smuggled into South Africa by two Nigerians and an Israeli using his private jet, was meant for the purchase of arms for the Nigerian Intelligence Services.
South African authorities again seized another sum of $5.7 million transferred by Societe D’Equipments Internationale of Nigeria, to South African arms company, Cerberus Risk Solutions, for the procurement of arms on October 5, 2014.
However, the deal fell apart after Cerberus which had earlier received R60 million (N1.02 billion) from Nigeria in its account tried to repay the money as it could not resolve its registration formalities with the South African authorities.
Post a Comment