Saturday, 11 October 2014

REPUBLIC OF SOUTH AFRICA: BITTING THE FINGER THAT FED HER

The World Press, electronic, social and hard copy are replete with news of the $9.3 million seized by authorities of the Republic of South Africa from a private jet flown by two Nigerians and an Israeli for breaching the South African law on cash movements in foreign currency into the country.

Photo Credit: Daily Trust

Before the dust could die down on this one, the case of another $5.7 million dollars being transacted through a bank in South Africa was also seized by the same authorities of the Republic of South Africa and this regardless of the fact that this was being processed through the bank.