South Africa Busts Another Nigerian Secret Arms Deal, Seizes $5.7m

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, reports City Press, a Johannesburg based newspaper.

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, $9.3 million in $100 bills stashed in suitcases was seized at Lanseria Airport, north of Jo’burg.
The money was frozen in both cases for allegedly being the proceeds of illegal transactions.
Details to follow…

Culled from www.thisdaylive.com