The Independent Corrupt Practices and Other Related Offences Commission, (ICPC), says reports in the media about the seizure of multi-billion Naira cash, dollars, and Rolex watches, stockpiled in an Abuja property of the former Chief of Army Staff, Tukur Buratai, are inaccurate and concocted.
The commission in a statement by its spokesman Azuka Ogugua noted that ICPC operatives raided a property in Wuse 2 of the Federal Capital Territory, (FCT), Abuja, on Thursday, June 16th, between 5:00 pm and 12:00 am, suspicious of money laundering.
The facts available for the time being indicates that the property is owned by the owner of K-Salam Construction Company, a military contractor.
The commission recovered money and other items from the property, viz: N175,706,500; $220,965; G-Wagon; 2022 editions of BMW and Mercedes Benz cars; customized mobile phones; several designer wrist-watches, including three Rolexes, and some property documents.
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The statement added that the commission arrested the Managing Director of K-Salam Construction Company, Nigeria Limited, Kabiru Sallau, and the investigation is ongoing.
The commission is yet to conclude its investigation, and prefers not to pre-empt its outcome, and also to avoid the frenzy of a media trial.
(Editor: Ifeanyi Mark)
