An NSCDC deputy commandant, former brigadier general, and ex-Chief of Naval Staff have been arrested by ICPC over N3 billion fraud.
Adam Yusuf, a deputy commandant in the Nigerian Security and Civil Defence Corps (NSCDC) in Kogi State, has been taken into custody by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over corruption allegations.
Demola Bakare, ICPC spokesperson, disclosed in a statement that Yusuf has been dodging the ICPC officers who were looking for him at his duty station in Kogi State. He was later apprehended in his residence at Gwagwalada, in Abuja, and will face the due course of the law.
The agency also disclosed that through its officers, it had uncovered a sophisticated corruption scheme being orchestrated by Vice Admiral Usman Jibrin, a retired Chief of Naval Staff, alongside former Brigadier General Ishaya Bauka Gangum.
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ICPC further stated in a statement that the scheme reportedly involved the illegal diversion of over ₦3 billion in public funds through 92 fictitious companies.
The statement read, “Investigations by the ICPC uncovered a sophisticated scheme allegedly masterminded by retired Chief of Naval Staff, Vice Admiral Usman Jibrin, alongside former Brigadier General Ishaya Bauka Gangum.
“The scheme reportedly involved the illegal diversion of over ₦3 billion in public funds through 92 fictitious companies, none of which were registered with the Corporate Affairs Commission (CAC).
“Further investigations led authorities to trace the laundered funds to companies such as Lahab Integrated and Gate Coast Properties, among others. The illicit proceeds were allegedly used to acquire over 18 properties, including multiple filling stations.
“So far, four of these properties have been forfeited to the government, while legal proceedings are ongoing regarding the rest. The ICPC has also vowed to intensify efforts to track down other suspects still at large.”
