THE Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Friday said ‘available facts’ indicate that an Abuja property raided by its operatives on June 16 belongs to a military contractor.
Some media reports have linked the raided property to former Chief Of Army Staff (COAS) Tukur Burutai.
The reports also said the ICPC operatives recovered billions of naira and several expensive items from the property during the raid.
The billions allegedly recovered in the raid were also linked to missing funds meant for the purchase of arms and equipment for the Nigerian Army.
But in a statement released by its spokesperson Azuka Ogugua on Friday, the ICPC described the reports as inaccurate.
But the ICPC in the same vein said it is still investigating the development.
The statement reads, “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 5:00 pm and 12:00 am in suspicion of money laundering.
“Facts available for the time being indicates 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. 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 ICPC noted that it would not preempt the outcome of the investigation in order to avoid the frenzy of a media trial.