Adam Imam Yusuf, a Deputy Commandant of the Nigeria Security and Civil Defence Corps (NSCDC) in Kogi State has been arrested for allegedly taking part in a N3bn fraud.
Yusuf’s arrest was made by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) who have launched a manhunt for a former Chief of Naval Staff, Vice Admiral Usman Jibrin (rtd.), and a retired Brigadier-General, Ishaya Bauka Gangum, over the heist.
This account was given by ICPC spokesman, Demola Bakare.
Bakare said the commission had been on the trail of the three suspects in the last six months before it succeeded in the arrest of the NSCDC chief.
The spokesman explained that trio diverted public funds, using 92 fictitious companies not registered with the Corporate Affairs Commission.
“An investigation by the ICPC traced these funds to Lahab Integrated, Gate Coast Properties, and other affiliated companies, leading to the acquisition of over 18 properties, including filling stations.
“Four of these properties have been forfeited to the government so far, while legal proceedings continue over the remaining assets. The ICPC is also intensifying efforts to apprehend other suspects at large,” he narrated.
