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ICPC recovers N170m cash, G-Wagon and many other items from military contractor in Abuja

Jun 24, 2022


ICPC recovers N170m cash, G-Wagon and many other items from military contractor in Abuja

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has recovered N170 million cash, $220,965, G-Wagon and other items from a military contractor in Abuja.

 

Announcement of the recovery was made by ICPC spokesperson, Azuka Ogugua on Friday June 24. 

 

Ogugua said operatives of the commission acted on intelligence and raided a residence in Wuse 2, Abuja, where the expensive items were found.

 

He said; 

 

“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.

“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 5:00pm 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.”

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