The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has said that it has arrested the Managing Director of a military contracting firm, Mr. Kabir Sallau, for alleged money laundering offences after his premises was raided for seven hours last week.<\/p>\n
In a statement by its spokesperson, Mrs. Azuka Ogugua, the anti-graft agency listed the seized items as 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.<\/p>\n
Recall that some media reports said that some seized items and billions of Naira were allegedly recovered from former army chief, Lt. General TY Buratai.<\/p>\n
The full statement by ICPC reads: “The attention of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has been drawn to some inaccurate and concocted reports in the media about the seizure of multibillion-naira cash, dollars, Rolex watches stockpiled in an Abuja property.<\/p>\n
“The Commission wishes to state that ICPC operatives raided a property in Wuse 2 of the Federal Capital Territory (FCT), Abuja, on Thursday, 16th June, 2022 between 5:00 p.m and 12:00 a.m 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.<\/p>\n
“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.<\/p>\n
“The Commission arrested the Managing Director of K Salam Construction Company Nigeria Limited, Mr. Kabiru Sallau and investigation is ongoing.<\/p>\n
“The Commission is yet to conclude its investigation and prefers not to preempt its outcome and also avoid the frenzy of a media trial.”<\/p>\n","protected":false},"excerpt":{"rendered":"
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has said that it has arrested the Managing Director of a military contracting firm, Mr. Kabir Sallau, for alleged money laundering offences after his premises was raided for seven hours last week. In a statement by its spokesperson, Mrs. Azuka Ogugua, the anti-graft agency listed […]<\/p>\n","protected":false},"author":7,"featured_media":58457,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[1012,3889,541],"class_list":["post-58456","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-buratai","tag-contractor","tag-icpc"],"_links":{"self":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts\/58456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58456"}],"version-history":[{"count":0,"href":"https:\/\/everyday.ng\/index.php?rest_route=\/wp\/v2\/posts\/58456\/revisions"}],"wp:attachment":[{"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/everyday.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}