The Independent Corrupt Practices and other Related Offences Commission, ICPC, has debunked the news published by an online portal, SaharaReporters that it recovered cash, vehicles and jewelry running into billions of naira from the residence of former Chief of Army Staff and Nigeria’s Ambassador to Benin Republic, His Excellency, Ambassador TY Buratai.
The ICPC said that contrary to the inaccurate and concocted reports, it was the residence of Mr Kabiru Sallau, a military contractor, that was raided at Wuse 2, Abuja, based on a tip off, where the items listed below were recovered.
ICPC spokesperson, Azuka Ogugua, in a statement issued on Friday said that the clarification becomes necessary in order to correct the inaccurate and concocted reports in the media about the seizure of multibillion-naira cash, dollars, Rolex watches stockpiled in an Abuja property.
The statement reads; “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 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.”
Below is the full text of the statement.
INDEPENDENT CORRUPT PRACTICES AND OTHER RELATED OFFENCES COMMISSION
PRESS STATEMENT
ICPC CLEARS AIR ON MEDIA REPORTS OF ABUJA PROPERTY’S RAID AND SEIZURE
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.
2. The Commission wishes to state that ICPC operatives raided a property at Wuse 2 of the Federal Capital Territory, FCT, Abuja, on Thursday, 16th June, 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.
3. 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.
4. The Commission arrested the Managing Director of K Salam Construction Company Nigeria Limited, Mr. Kabiru Sallau and investigation is ongoing.
5. The Commission is yet to conclude its investigation and prefers not to preempt its outcome and also avoid the frenzy of a media trial.
Signed:
Azuka Ogugua (Mrs.)
Spokesperson, ICPC
24th June, 2022.
