The South African government has resolved to hand over the sum of $9.34m to the Nigerian government on November 30, 2015.
DAILY POST recalls that the money was confiscated by the South African authorities from an Israeli arms dealer, Eyal Mesika, of Cyprus-based ESD International, while he was acting on behalf of the Federal Government for arm procurement.
According to beta.iol.co.za, a South Africa online newspaper, on Friday, Nigeria would will receive the confiscated sum on November 30, 2015.
The paper reported that the arms dealer would be released without prosecution and the South African government would be open to discussions with Nigeria on further deals on arms.
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