* Warns against hasty conclusion
The Independent Corrupt Practices and Other Offences Commission (ICPC), on Friday, confirmed that its operatives raided a mansion in Abuja on Thursday, and seized some valuable items.
It, however, dismissed media reports alleging that the raided property belongs to a retired military officer.
The Commission, through a statement by its spokesperson Azuka Ogugua, clarified the situation.
Below is the full text of the statement:
1. 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.
2. The Commission wishes to state that ICPC operatives raided a property in Wuse Two 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.
3. 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.
4. The Commission arrested the Managing Director of K Salam Construction Company Nigeria Limited, Mr. Kabiru Sallau and investigation is ongoing.
5. The Commission is yet to conclude its investigation and prefers not to preempt its outcome and also avoid the frenzy of a media trial.