ADVERTISEMENT
ADVERTISEMENT
The Chairman of the Independent Corrupt Practices and other related offences Commission (ICPC), Prof Bolaji Owasanoye, has disclosed that an ex-military leader stole N4billion from the military budget and deposited it in the accounts of two firms where he is the beneficial owner and sole signatory.
He added that some of the houses bought with funds from his service were also fraudulently converted for his use, and that the revenues from the plunder were used to buy homes in Abuja in the names of the military chief’s friends and proxies.
He added that some of the houses bought with funds from his service were also fraudulently converted for his use, and that the revenues from the plunder were used to buy homes in Abuja in the names of the military chief’s friends and proxies.Owasanoye revealed this on Friday during an event tagged, “National Policy Dialogue on Corruption and Insecurity in Nigeria,” held at the ICPC headquarters in Abuja.
SaharaReporters had reported in August how the ICPC recovered billions of Naira from former Chief of Army Staff, Lt Gen Tukur Buratai (retd.) to the Central Bank.
SaharaReporters had exclusively reported how the ICPC recovered funds (including foreign currencies) from a house registered to someone fronting for Buratai, a military contractor and Managing Director of K Salam Construction Company Nigeria Limited, Mr. Kabiru Sallau.
In March 2021, Nigeria’s National Security Adviser (NSA), Babagana Monguno revealed that funds running into billions of naira meant for the procurement of arms and ammunition under the past service chiefs were unaccounted for.
But it was not clear if the ICPC chairman in his speech on Friday was referring to Buratai.
Ondomind
