From a military contractor in Abuja, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has recovered N170 million in cash, $220,965, a G-Wagon, and other goods.
On Friday, June 24, ICPC spokesperson Azuka Ogugua announced the recovery.
The expensive items were discovered during a raid by commission agents, according to Ogugua, who said they were acting on intelligence. The operation took place in Wuse 2, Abuja.
“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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