By Abiola Olawale
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.
It was gathered that Yusuf was arrested over allegations of diverting more than ₦3 billion.
This was disclosed in a press statement issued by the ICPC. According to the ICPC, the scheme allegedly involved the diversion of public funds through 92 fictitious companies not registered with the Corporate Affairs Commission (CAC).
The ICPC said its investigation traced these funds to companies like Lahab Integrated and Gate Coast Properties, leading to the acquisition of over 18 properties, including filling stations. Four of these properties have already been forfeited to the government, with legal proceedings ongoing for the rest.
The anti-graft agency also stated that the arrest connects to a former Chief of Naval Staff, Vice Admiral Usman Jibrin (rtd.), who is accused of orchestrating the fraud alongside Yusuf and a retired Brigadier General, Ishaya Bauka Gangum.
The statement reads in part: “Yusuf, who was at large until now, was taken into custody from his Gwagwalada, Abuja residence and is set to face prosecution.
“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).”
