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.
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.