The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reaffirmed that former Chief of Naval Staff, Vice Admiral Jibrin Usman (retired), and Brigadier-General Ishaya Bauka remain on its wanted list for their alleged involvement in a ₦3 billion fraud. This statement comes in response to claims suggesting that amended charges had exonerated the two ex-military officers. The ICPC dismissed these assertions as unfounded, emphasizing that the duo is still under investigation for embezzlement and abuse of office.
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The allegations involve the diversion of public funds through 92 fictitious companies not registered with the Corporate Affairs Commission (CAC). Investigations indicate that Vice Admiral Usman allegedly orchestrated the fraud in collaboration with Brigadier-General Bauka and Adam Imam Yusuf, a Deputy Commandant of the Nigerian Security and Civil Defence Corps (NSCDC) in Kogi State. Yusuf was recently arrested at his residence in Gwagwalada, Abuja, and is set to face prosecution.
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Despite reports suggesting that a Federal High Court in Abuja had cleared Vice Admiral Usman and Brigadier-General Bauka of all allegations in an amended charge concerning embezzlement and abuse of office,
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the ICPC maintains that the two former officers are still wanted in connection with the ₦3 billion fraud case.
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The ICPC’s stance underscores its commitment to pursuing the case and ensuring accountability for the alleged financial misconduct.
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