ICPC Arrests Former Naval Chief and NSCDC Commandant in N3bn Fraud Scandal

ICPC Arrests Former Naval Chief and NSCDC Commandant in N3bn Fraud Scandal


Abuja, Nigeria – In a dramatic development, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has apprehended former Chief of Naval Staff, Vice Admiral Usman Jibrin, and Deputy Commandant of the Nigerian Security and Civil Defence Corps (NSCDC), Adam Imam Yusuf, over an alleged N3 billion fraud. This high-profile arrest marks a significant step in the ICPC's relentless pursuit of accountability and transparency within Nigeria's public service.




Unveiling the Fraud Scheme

The ICPC's intensive investigation revealed that Vice Admiral Usman Jibrin, who served as Chief of Naval Staff from 2014 to 2015, allegedly masterminded the fraudulent scheme. He, alongside Adam Imam Yusuf and former Brigadier General Ishaya Bauka Gangum, is accused of diverting public funds through the use of 92 fictitious companies that were not registered with the Corporate Affairs Commission (CAC). These shell companies were purportedly used to launder money into various high-value properties, including filling stations and residential apartments.


Arrest and Legal Proceedings

Adam Imam Yusuf, who had been evading arrest, was eventually apprehended at his residence in Gwagwalada, Abuja. Both Yusuf and Jibrin are now poised to face prosecution for their roles in the intricate fraud network. The ICPC has traced the diverted funds to companies such as Lahab Integrated and Gate Coast Properties, which led to the acquisition of over 18 properties. Notably, four of these properties have already been forfeited to the government, with ongoing legal battles over the remaining assets.



Broader Impact and ICPC's Commitment

The ICPC's unwavering pursuit of justice in this case underscores its dedication to combating corruption and ensuring that those who abuse their positions of power are held accountable. The commission continues to intensify its investigations and is making concerted efforts to apprehend other suspects involved in the fraudulent activities.

The arrest of such high-ranking officials in a significant fraud case has sent shockwaves throughout the nation. It highlights the pervasive nature of corruption and underscores the need for stringent measures to eradicate it. The ICPC's actions are expected to act as a deterrent to others who might consider engaging in similar illicit activities.

The ICPC's arrest of former Chief of Naval Staff, Vice Admiral Usman Jibrin, and NSCDC Deputy Commandant Adam Imam Yusuf in connection with the alleged N3 billion fraud is a testament to the commission's resolve to fight corruption. As the legal proceedings unfold, the Nigerian public awaits justice and accountability for those implicated in this high-profile scandal.

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