Wednesday, July 22, 2026

ICPC recovers multibillion-naira cash, Rolex watches stockpiled in ex-army chief Buratai’s Abuja property

The operation, conducted last week, also led to the recovery of over 50 luxury watches, including at least two Rolex varieties, from the former military commander.

• June 23, 2022
General-Tukur-Buratai
Photo of Lt General Tukur Yusuf Buratai (Photo Credit: @HQNigerianArmy) Twitter

ICPC operatives have conducted an operation that led to the recovery of over a billion naira from the former chief of army staff Tukur Buratai.

The operation, conducted last week, also led to the recovery of over 50 luxury watches, including at least two Rolex varieties, from the former military commander, according to anti-graft officials familiar with the matter.

A source said the ICPC was tipped off about the cash haul by the Nigerian Financial Intelligence Unit, NFIU, during a probe of a man identified only as Salisu.

“NFIU discovered that N500 million was paid into Salisu’s account at once and quickly flagged it,” an ICPC source said. “When Salisu was queried he said he was a military contractor, but he was unable to show any evidence of carrying out any contract for the military.”

Subsequently, our sources said, the NFIU transferred the matter to ICPC, which deployed its operatives to conduct additional investigations.

A spokesman for the NFIU did not immediately answer calls seeking comments about the agency’s role in the operation.

The raid was first reported on Thursday night by Sahara Reporters, which estimated the recovered funds at about N1.85 billion.

It was during the ICPC probe that a raid on Mr Salisu’s place led to the recovery of “hundreds of millions of naira, all in new notes,” our source added.

The property in Abuja was thereafter linked to Mr Buratai, who quickly left his diplomatic base in the Benin Republic to resolve the matter, which then led to the release of Salisu.

Detectives are investigating the case as potentially tied to federal arms procurement earmarks.

“We discovered that the place is owned by Buratai and he has been working with the man to loot military funds for many years,” one of our sources added. “It is unfortunate that Nigerian soldiers are suffering at the war front due to lack of equipment.”

A spokesman for the ICPC did not return a request for comment Thursday night.

Mr Buratai, Nigerian ambassador to the Benin Republic, told The Gazette the anti-graft office had no warrant to search his property.

“Nobody obtained any warrants to search my place,” Mr Buratai said by telephone. He abruptly disconnected the call when asked whether or not he was confirming the raid and cash recovery from his property — and did not answer subsequent attempts.

The recovery marked the latest in regular cash recoveries from government officials under President Muhammadu Buhari, who cruised to office in 2015 repeating his anti-corruption credentials.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Kudirat Kekere-Ekun

NationWide

CJN seeks strong legal protection for maritime sector

Mrs Kekere-Ekun described maritime law as one of the principal pillars supporting global commerce.

Alcoholic beverages in sachet

NationWide

NAFDAC begins nationwide mop-up of banned sachet alcohol

The agency stated that the nationwide exercise underscored its commitment to protecting public health. 

Kano State House of Assembly

States

Kano assembly adopts bill to establish state electricity agency

The speaker said the bill would now be transmitted to the executive arm for assent.

Moses Orshio Adasu University, Makurdi (MOAUM)

States

Benue varsity ASUU suspends seven-week strike

ASUU-MOAUM commenced an indefinite strike on June 1 over unresolved welfare and governance issues. 

Olushola Yusuf

Anti-Corruption

Nigerian pharmacist Olushola Yusuf convicted of drug trafficking, flooding Florida community with 335,000 oxycodone pills

Ms Yusuf charged “extraordinary cash prices, served drug dealers and customers who travelled long distances, and put profit ahead of patients”.

three suspected cultists

Heading 2

Police nab three suspected cultists in Lagos

The command’s spokesperson said the suspects were arrested following credible information from members of the public.