The Independent Corrupt Practices and Other Related Offences Commission, ICPC, has reacted to what it calls inaccurate and concocted reports in the media about the seizure, by the Commission, of multibillion-naira cash, dollars, Rolex watches stockpiled in an Abuja property.
The reaction was contained in a statement issued Friday, 24 June, 2022, by the Commission’s spokesperson, Azuka Ogugua, and made available to the media.
TheFact Daily reports that according to Ogugua, operatives of the Commission raided a property in 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 indicates 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 said.
Ogugua further disclosed that the Commission arrested the Managing Director of K Salam Construction Company Nigeria Limited, Mr. Kabiru Sallau and investigation was 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” the Commission’s spokesperson said.
