ICPC arrests military contractor, recovers N175.7m and $220,965 from mansion

Operatives the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have raided a property in Wuse 2 in the Federal Capital Territory (FCT), Abuja, arrested a military contractor.

Commenting on the raid executed on Thursday, June 16, 2022 based on suspicion of money laundering, the Commission said in a statement by its spokesperson, Mrs Azuka Ogugua: “Facts available for the time being indicate that the property is owned by owner of K Salam Construction Company, a military contractor.”

In the statement, the Commission declared that it 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.

It said following the arrest of Kabiru Sallau during the raid, it has begun full investigations.

“The Commission is yet to conclude its investigation and prefers not to preempt its outcome and also avoid the frenzy of a media trial,” Ogugua said.