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Nigeria: Raided Abuja Property Stockpiled Multi million Naira Cash Owned By Military Contractor, Not Buratai -ICPC

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By Joseph Edegbo

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says reports in the media about the seizure of multibillion-naira cash, dollars, Rolex watches stockpiled in an Abuja property of the former Chief of Army Staff Tukur Buratai is inaccurate.

The Commission in a statement by its spokesperson, Azuka Ogugua, said that ICPC operatives raided a property in Wuse 2 of the Federal Capital Territory (FCT), Abuja, on Thursday, June 16, 2022 between 5:00pm and 12:00am in suspicion of money laundering .

“Facts available for the time being indicate that the property is owned by 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.

The statement adds that the Commission arrested the Managing Director of K Salam Construction Company Nigeria Limited, Kabiru Sallau and 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, it said.

An Online platform had reported that the Independent Corrupt Practices and Other Related Offences Commission (ICPC) )recovered N1.85 billion from a house and office said to belong to former Chief of Army Staff, Tukur Buratai in Abuja, quoting multiple sources .

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