South Africa Offers GMB Seized Nigerian $15m!

South Africa has indicated her willingness to return the more than $15 million seized from some Nigerians last year in a move designed to please the country’s new president.

This is contrary to claims earlier by South African Ambassador to Nigeria, Lulu Mnguni,  that the money  seized by the South African Government had been released to Nigeria.

It would be recalled that the South African Government had, on September 5, 2014, seized $9.3m cash belonging to Nigeria and a month later seized another $5.7m, claiming that both funds were to be used for illegal purchase of arms.

But The Mail & Guardian reported yesterday that, Muhammadu Buhari, president-elect made positive overtures to Jacob Zuma of South Africa before the elections and relations between the two countries are likely to improve.

“South Africa is considering returning the Nigerian money that it confiscated last year, or clearing the way to sell arms to the West African country”  The Mail & Guardian reported.

The newspaper also has learned through diplomatic sources that South Africa has begun talks to work out a process to return the money in an effort to start off on a clean slate with the recently elected government of the Nigerian president-elect, Muhammadu Buhari.