8 Oct 2014

Seized $5.3 Million-Nigeria Threatens Retaliation Against South Africa

It seems the issue of the frozen weapon deal has taken a different twist as reports indicate that Nigeria may retaliate the decision of the South African Government to seize the sum of $9.3 million, and $5.7 million, allegedly meant for the purchase of arms

A top official in the office of Nigeria’s National Security Adviser told Agence France-Presse that    Nigeria had an agreement to buy $5.7 million worth of military hardware in a deal brokered by a South African firm.

The official, who on condition of anonymity, said Pretoria had frozen cash that had been wired to the South African firm’s account.

South Africa’s National Prosecuting Authority made no immediate comment, but the asset freeze has been widely reported in both Nigerian and South African media.

“The issue could affect bilateral relations between Nigeria and South Africa,” the NSA official said.

The official was specific about MTN as one of the companies that can be affected if Nigeria should go ahead with its threat.

“You cannot be making so much money from Nigeria and then turn around and embarrass the people,” the Nigerian official said.

He said Nigerian President Goodluck Jonathan had called his South African counterpart Jacob Zuma to inform him about the purchase and Abuja was therefore surprised to learn that the deal had been blocked.
Spokesman of the South African President, Mac Maharaj declined to comment on the reported conversation between the two leaders, but told AFP the president was not part of the committee that reviews arms deals.

The NSA official did not identify the South African broker.

The website of South Africa’s City Press named the firm as the Cape Town-based Cerberus Risk Solutions but that could not be independently verified.


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