South Africa has said it is almost concluding the process for the return of Nigeria’s seized $15 million arms fund.
The country equally said it will evolve a legal framework with Nigeria to avert a situation where such funds are seized in the future.
The South African Secretary for Defence and Military Veterans, Dr. Sam Gulube, said this while fielding questions from journalists shortly after the opening ceremony of the Nigeria-South Africa Defence Industry inaugural seminar on Monday in Abuja.
The South African Revenue Service seized Nigeria’s $15 million meant for arms purchase at Lanseria Airport, north-west of Johannesburg, on September 5, 2014.
Gulube, who led South Africa’s delegation to the seminar, said: “The issue has been settled, but to avoid a future recurrence, I would hold a discussion with my counterparts and look into the legal framework to ensure that seizure of funds doesn’t recur.”
Trending
- For swift recovery, stimulate, not levy comatose economy, by Ola Emmanuel
- Hajj 2024: NAHCON tasks kitchen staff on quality service, standard practice
- ICAN, NGX honour Dangote Cement for excellence in corporate reporting
- Osun football coach held by DSS for attempting to sodomise player
- Breaking: Man City are champions again, Arsenal second, Luton relegated + Final table
- Tinubu appoints InfraCorp as Lead developer of Nigeria’s green industrial zone, Evergreen City
- Tyson Fury: I lost because judges ‘sided’ with Ukraine
- Nigeria’s Adekeye emerges Chairperson, APPO Training Directors