Wednesday, 17 September 2014

FG defends $9.3m cash seized in SA, releases data on transaction

Nigerian Government has defended the controversial $9.3million seized
from a private jet by South African immigration on September 5th. In a
diplomatic discussion it opened with the South African government
yesterday September 16th, FG said they are aware of the deal (money
was meant to procure arms) and have presented documents on the
transaction process to the South African govt as proof that the entire
operation involving the seized aircraft belonging to CAN president,
Pastor Ayo Oritsejafor, was genuine. Continue...

A source who spoke with Vanguard confirmed the on-going discussion
between the two governments and said the seized aircraft has been
released by the South African government.
The source added that the money was seized following failure by
Nigerian delegates to declare the money at South African airport

"Nigeria and South Africa are getting closer to diplomatic resolution
of the row over the $9.3m transaction. The two nations have opened
discussions. The Federal Government has submitted relevant data and
documents on the transaction to South Africa and insisted that the
transaction was legitimate. It also clarified that the funds were
neither laundered nor smuggled for any covert manoeuvres.
No launderer will be audacious to fly into a country in a chartered
jet with such huge cash. The technical details on security matters,
which necessitated the deal had been availed South Africa for
screening. Based on initial scrutiny of the documents, the Challenger
Jet has been released pending conclusion of a full-scale investigation
by South Africa. There was procedural error at the airport, the team
did not declare the $9.3million contrary to the aviation and Customs
laws of South Africa.
So, there was an oversight on the part of the delegation that went to
complete the transaction. Nigeria is trying to complete the formality
and we are confident that the cash will be released for the purpose it
was meant for.

Movement of cash for strategic purchase of security equipment by
intelligence services is not new; it is a global trend. The FBI, KGB,
MOSSAD and others do it." the source said

1 comment:

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