FAILED ARMS DEAL: NIGERIA RECOVERS $9.3M FROM SOUTH AFRICA

It is believed that the South African government has returned the $9.3m seized from two Nigerians last year.

The money, which was seized on September 5, 2014, was reportedly meant for the purchase of arms in a South African black market.

The administration of President Goodluck Jonathan had attempted to purchase arms in the black market when western powers blocked every access to the formal arms market.

Reports have it that the legal and diplomatic processes initiated by Sambo Dasuki, the former National Security Adviser, has made it possible for the cash to be fully recovered by Nigeria.

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