ICPC Arrests NSCDC Deputy Commandant Over Alleged N3b Fraud
By Chizoba Njaka
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested Adam Imam Yusuf, a Deputy Commandant of the Nigerian Security and Civil Defence Corps (NSCDC) in Kogi State, over the alleged diversion of more than N3 billion.
In a statement signed by the Director, Public Enlightenment and Education/the
Spokesperson for the Commission, Demola Bakare, explained that Yusuf, who was on the run was taken into custody from his residence in Gwagwalada, Abuja, and set to face prosecution.
Bakare said that ICPC investigations revealed that former Chief of Naval Staff, Vice Admiral Usman Jibrin (rtd.), allegedly orchestrated the fraud through Yusuf and former Brigadier General Ishaya Bauka Gangum (rtd.).
According to him, the alleged scheme reportedly involved the diversion of public funds using 92 fictitious companies that were not registered with the Corporate Affairs Commission (CAC).
He further exposed that an investigation by the ICPC traced the funds to Lahab Integrated, Gate Coast Properties, and other affiliated companies, leading to the acquisition of over 18 properties, including filling stations adding that four of these properties have been forfeited to the government while legal proceedings continue over the remaining assets.
He also said that ICPC is doing all they can to apprehend other suspects at large.