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.”
