US court orders release of $6.02 million in arms funds to Nigeria, seized since 2014.

US court orders release of $6.02 million in arms funds to Nigeria, seized since 2014 due to licensing violations. The funds were paid to an American arms broker, Dolarian Capital Inc, for military equipment during the Boko Haram crisis but were never delivered. The court ruled the seizure violated the Arms Export Control Act and ordered their return, including interest, within 60 days.

3 months ago
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