The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has recovered N170 million cash, $220,965, G-Wagon and other items from the property belonging to a certain K Salam Construction Company, a military contractor.
This was disclosed by Azuka Ogugua, spokesperson of the commission in a statement on Friday.
In the statement titled – ICPC Clears The Air On Media Report Of Abuja Property’s Raid And Seizure, “the commission its operatives 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 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 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.”
