By Olaitan Ibrahim
Adam Imam Yusuf a Deputy Commandant of the Nigerian Security and Civil Defence Corps (NSCDC) in Kogi State who was one of those allegedly used former Chief of Naval Staff, Vice Admiral Usman Jibrin (rtd.) to perpetrate over N3 billion fraud has been arrested.
Yusuf was arrested by operatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
Yusuf, who was at large until now, was taken into custody from his residence in Gwagwalada, Abuja, and is set to face prosecution, the anti-graft agency said in a statement by Demola Bakare, its spokesperson on Friday.
The anti-graft graft agency alleged that Jibri orchestrated the fraud through Yusuf and former Brigadier General Ishaya Bauka Gangum (rtd.).
“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.).
“The alleged scheme reportedly involved the diversion of public funds using 92 fictitious companies that were not registered with the Corporate Affairs Commission (CAC).
“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 anti-graft agency said in the statement.
ICPC said it is also intensifying efforts to apprehend other suspects at large.