ICPC recovers N267m from the property of the military contractor

Operatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) yesterday recovered sums totaling N267 million and exotic cars from a military contractor in Abuja, Mr. Kabiru Sallau.

Contrary to a report published by an online medium, the ICPC stated that it did not raid the residence of former Chief of Army Staff, Lt. General Tukur Buratai.

Rather it raided the residence of Sallau, in Wuse 2, on June 16 between 5 pm and 12 am on suspicion of money laundering.

Sallau, who is the Managing Director of K Salam Construction Company Nigeria Limited, is under investigation for alleged money laundering.

A statement issued by the spokesperson for ICPC, Mrs. Azuka Ogugua, said: “The commission wishes to state that ICPC operatives raided a property in Wuse 2 of the Federal Capital Territory (FCT), Abuja, on 16th June 2022 between 5:00 pm and 12:00 am in suspicion of money laundering.

“Facts available for the time being indicate 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-a-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.

“The commission arrested the Managing Director of K Salam Construction Company Nigeria Limited, Mr. Kabiru Sallau, and the investigation is ongoing.

“The commission is yet to conclude its investigation and prefers not to preempt its outcome and also avoid the frenzy of a media trial.”

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