South Africa seizes Nigeria's $5.7m in another secret arms deal bust | Welcome to Linda Ikeji's Blog

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Monday 6 October 2014

South Africa seizes Nigeria's $5.7m in another secret arms deal bust

Three weeks after South African government seized $9.3million allegedly belonging to the Nigerian government, they have once again confiscated $5.7million arms money from Nigeria.

According to South African newspaper City Press, the money was seized by South Africa’s Asset Forfeiture Unit of the National Prosecuting Authority for allegedly being the proceeds of illegal transactions and even shared some documents. See the full report after the cut...

From City Press

The Asset Forfeiture Unit of the National Prosecuting Authority (NPA) has seized $5.7 million (R64 million) for yet another arms deal between South Africa and Nigeria.
This is the second multimillion-rand arms deal between the two countries in the past month that has resulted in the money being frozen in South African banks.

Last month, R103 million in $100 bills stashed in suitcases was seized at Lanseria Airport, north of Joburg.

The money was frozen in both cases for allegedly being the proceeds of illegal transactions.
City Press’ sister paper Rapport has learnt that the department for offences against the state in the Special Investigating Unit is also involved.

Documents in the newspaper’s possession show that the earlier consignment was approved by the Nigerian government – that country’s national security adviser personally issued the end-user certificate for the transaction.

An entire “shopping list” was supplied with the certificate, which included everything from helicopters to unmanned aircraft, rockets and ammunition.
Sources close to the investigation said the latest transaction was between Cerberus Risk Solutions, an arms broker in Cape Town, and Societe D’Equipments Internationaux, a Nigerian company in Abuja.
An impeccable source said this company paid the R60 million into Cerberus’ account at Standard Bank.

Cerberus was previously registered as a broker with the National Conventional Arms Control Committee (NCACC), but the registration expired in May this year.
The marketing and contracting permits also expired at the same time.
The company has since applied for re-registration, but the application lay in the NCACC’s mailbox for more than two months.

Sources told Rapport that Cerberus apparently tried to pay the money back to the Nigerian company, after which the bank became suspicious.
The NPA’s Asset Forfeiture Unit subsequently obtained a court order in the South Gauteng High Court to seize the money.

Cerberus’ attorney, Martin Hood, this week declined to comment on the matter.
NPA spokesperson Nathi Mncube said there were no indications that the two transactions were related.
“However, both are now the subject of a criminal investigation and all possible information and connections are being investigated,” said Mncube.
Source: Citypress.co.za

72 comments:

Tamunoimama said...

Shey na Nigeria abi na Niger or Algeria?

lizzy said...

They will never change.....God is watching!

Bishop Dammy said...

Another illegal transaction! You can imagine! It is well. James 4:7-8. BishopDammy#

Eugenia said...

Nigeria need that money back. Vote Linda Ikeji as the Most Active Blogger of the year. www.socialmediameritaward.com

Anonymous said...

Let them keep waisting Nigerian money.twitter/@dj_smartt

Unknown said...

Not Yet again!

Anonymous said...

Madam linda abeg try to dey post my comment, I cherish ur blog. Oshe!. twitter/@dj_smartt

tina said...

God will keep exposing u ppl 1 by 1. tina.agori@yahoo.com

ANYA IKENGA said...

Gobe! South AFRICA struggling to embarrass Nigeria since 1970.

APPLELIPX said...

Criminals....
Whats the next excuse now
Is it to fyt d haramites or to sponsor dem...
Please we nid a month concrete xplainations...

For the first tym in all my life, I havent been this disapointed in the federal govt....
From one saga to anoda

Princess Charming said...

Na wa oh! Govt is trying to get arms to deal with Boko Haram n some idiots are trying to spoil it! I suspect America is behind it. God save us...

PHINITE said...

Ok o, all man to himsef. Dey sud kip looting n buyin arms so dey can 'share' more innocent blood. But diais God ooo

Cute G said...
This comment has been removed by the author.
jossylinda said...

poor country,no matter what dem do nigeria go beter pass dem

Cute G said...

When will we have enough of these Hullabaloo, Higi Haga and Gargantuan gaga of these illegal transactions of Millions of $.The level of poverty in this country is immeasurable still they keep getting us Discombobulated with these Saga. *irked*

snowflix said...

As if I have a share in the money Abegi datz dia biz nt mine #onelovefromSnow#

ary said...

So Nigeria cannot do anything legally, even buying arms to protect its citizens?!! Ha!!! Why will this GEJ government continue to rub our faces in the mud by their continuous endorsement of corrupt practices! Yet EFCC is busy bursting Hausa men and fishermen, while sh*t like this happens under the dollar stuffed nostrils!

Anonymous said...

South Africa stop looking for Nigerians trouble cos we are good @ payback. South Africans are corrupt as well unless you haven't been there.

Anonymous said...

As Many Planing To Shade Blood Come De Next Election,may God Frustrate Their Effort In Jesus Name,amen.

Unknown said...

Hian! Ndi South anyi omere unu gini ozo. Shey Naija wont learn nw...

Anonymous said...

What kind of disgrace and embarrassment is this govt putting ds country through. ...we've completely lost value in the eyes of other countries. This is just so annoying. I guess they are gathering arms for 2015 or what?

Okoro said...

Na wa o

Unknown said...

See our life ooooo
Shake my head for this country...
Corruption so filled in the country it's spillin over to nearby countries

Toronto Finest said...

Another Money Laundering. Jonathan will never learn. Worst president ever!

Unknown said...

Chai!!!! Dere is God ooo

Anonymous said...

dis long story does not concine me..even they recover the money they will not give me..mtcheew..Goldensarah9@yahoo.com.

TUFINE said...

okwa aruo na ndo erie na ndo

Anonymous said...

hmmmmmmmm my great country
OGECHI
ogechi230@gmail.com

Unknown said...

Cool stuff

Unknown said...

Nigeria for life,i love Nigeria bcos they Got A1 in corruption

Unknown said...

Corruption has been part of us.
We can't do without embezzlement & money laundering.
These arm deal/ issue isn't real to me.

BORN TO SHINE!!!

Anonymous said...

what a country we live in

Anonymous said...

Imagine having all these Nigerian government officials offshore online bank info! Jesussssssssssssssssssssssssssssssss

I'll wire transfer to like 30 countries,before they trace everything....I don cash like 16!!!!

Anonymous said...

Noted.....Vote Linda Ikeji For MOST OUTSTANDING Blogger.......... akubuike1@yahoo.com

Angie said...

God help innocent Nigerians come 2015..!
Hmm...

*My R1.50c comment*

Subomi said...

Very impressed with SA

Unknown said...

Linda c wah yaaf cause baa? Tina@1:14 who asked you 4 email on ds one nw? Hehehehe!



#mynameisrex

Anonymous said...

Jacob Zuma, you know you are no saint when it comes to corruption abi? Kontunu... Diaries God o in everything we are doing.

Anonymous said...

Is this a ploy to save CAN president from disgrace? This one look so deliberate

anonymous said...

Many things don happen in the space of a few months during this countdown to 2015 election. These corrupt leaders should take heed. Linda sha...I kept having this sweet thoughts about us. I will explain in details. BRB

Unknown said...

Hahahaha.....seriiusly naija too funny. See as African countries dey insult una.....before Ghana insulted us indirectly by saying dey will giv us power, now SA...why must u loot money to dia country. Well u guys re just enriching dem. Keep looting money to dia country while dem keep confiscating it. Ndi ara naija

Unknown said...

God expose them all.

Anonymous said...

So bcos dey r corrupt,dey sld make dier country a playground fr corruption? Mumu

Anonymous said...

Wat is cool hre? Dondi.

Unknown said...

Jonathan and his cohorts...DarisGodo...#helpJobEmmanuel of star the winner is.

amaka said...

who are they pls, can someone tell us?

amaka agatha said...

chai

Anonymous said...

'wasting'

APPLE said...

Haba!!!

Unknown said...

Wats all ds

Unknown said...

Nigeria my country

Unknown said...

Nigeria my country

Unknown said...

God expose them all ooooooooooooOOOOoooo .......

Unknown said...

Expose them all.

Unknown said...

Expose them all.

Anonymous said...

To me, all these stories about wanting to buy arms is a ruse. When it comes to money laundering, there is nothing impossible. The Nigerians and the Israeli did not show up to collect this 5.7 million so as to split it with this arms shop(which actually never planned to supply arms but to help launder the money) after they were caught. The company developed cold feet and did the most rational thing to do. The company only planned to hold the money until the men came to collect it and give them their share.Who una wan deceive? Money launderers.

Anonymous said...

#bringbackourmoney.

Anonymous said...

O boy see grammar. 'Not yet again'..Gladys Odum pls tell me the name of the primary school u attended so as for other children not to make the mistake of attending same. Pls help Nigerian children..it's ur contribution to charity

Anonymous said...

After I look & check d whole issue b like say south Africa hand dey 4 boko matter. We re not that stupid of a country to fall 2 times Na

Unknown said...

Why will a country like Nigeria have to procure arms illegally? We don't know. No one has bothered to issue an of if call statement explaining this debacle. The only thing we know is we have forfeited several millions of dollars to South Africa, a country bent on not losing to Nigeria when the next economic rebasing is done. Our seized $15m will help in that regard, surely. What we don't know is 'why' we have lost these monies. But the powerful morons know. They know.

Tim said...

The $1billion still remain
Watch out for any Russia transaction too anytime soon and the port for any container NIGERIA 1

Unknown said...

This is absurd,is there no accountablity and due process in this country. Why deafening news keeps sprouting everyday, now we done enriching the likes of the Swiss our funds now fall in the hands of the "Madiba" worshippers. SMH.........

Anonymous said...

we need d arms ooo

Unknown said...

Criminals..... God will be exposing them

Anonymous said...

Evil will only befall them and their entire house hold

Anonymous said...

God save naija from evil leadership

Anonymous said...

Someone's preparing 4 war

jude onyeabavo said...

It still does not make sense to me. Why pay cash or go through the back door when its ok and simple dealing with the south African authorities or don,t they know what we are going through? Is it that they want to pay cash and inflate the cost? Why benefit from a crises situation.Afterall you get paid to import for the government.It is a shame.Nigeria as a country need to be born again. Yes the entire nation and like ebola, anyone that has had contact with her.

Unknown said...

Capture d next deal, double pay

Unknown said...

God save us ooo next year will be hot ooo

Unknown said...

Capture d next deal, double pay

Unknown said...

Y naija? Dere's God oo

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