A Deputy Commandant of the Nigerian Security and Civil Defence Corps (NSCDC) in Kogi State, Adam Imam Yusuf, has been arrested over the alleged diversion of more than ₦3 billion.
Yusuf was arrested by officials of the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
ICPC disclosed this in a statement on its website, without indicating when he was nabbed.
“Yusuf, who was at large until now, was taken into custody from his Gwagwalada, Abuja residence and is set to face prosecution,” the statement read.
He was accused of conniving with a Chief of Naval Staff, Vice Admiral Usman Jibrin (rtd.) and former Brigadier General Ishaya Bauka Gangum (rtd.). to commit the offence.
“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.).
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“The alleged scheme reportedly involved the diversion of public funds using 92 fictitious companies that were not registered with the Corporate Affairs Commission (CAC),” ICPC stated.
The agency noted that its investigation “traced these funds to Lahab Integrated, Gate Coast Properties, and other affiliated companies, leading to the acquisition of over 18 properties, including filling stations.”
It noted that four of the properties have been forfeited to the government so far, while legal proceedings continue over the remaining assets.
The anti-graft agency also stated that it is intensifying efforts to apprehend other suspects at large.