EXCLUSIVE: DSS investigates Dasuki’s bank dealings in N40bn security fund probe

The Department of State Services (DSS) has launched a large-scale investigation into the financial transactions of Sambo Dasuki, retired colonel and former national security adviser, TheCable understands.

This follows the seizure of yet-to-be-disclosed “huge sums of cash” — said to be in naira and dollars — from his Abuja and Sokoto residences on July 16.

The federal government is currently probing the expenditure of over N40 billion on “security matters” in the last few months of President Goodluck Jonathan’s administration.

A highly placed government official, who declined being identified, said sensitive documents, including cheque stubs and bank transactions, were seized in the court-authorised search of Dasuki’s houses.

Officially, the DSS, also known as the State Security Service (SSS), has not disclosed its findings but only said its agents discovered “incriminating evidence” against Sambo while executing a search warrant.

The secret police also said there were allegations of “treasonable felony” against Dasuki, denying claims that its search was a witch hunt or politically motivated.

Only $40,000 was reported as recovered in the media — in addition to the 12 vehicles and three rifles acknowledged by the DSS in its statement after the operations.

TheCable understands that most of the documents were discovered in the cars that were towed away from his main residence in Abuja.

The source did not give a breakdown of the cash reportedly recovered but said the biggest find so far is in the paper trail “which is yielding significant leads”.

Dasuki’s residences were raided on the evening of July 16, but the DSS operatives met a stonewall at his main house in Abuja which led to a 24-hour stand-off.

The former NSA has denied allegations of wrong-doing, maintaining that his professionalism helped the All Progressives Congress (APC) displace the Peoples Democratic Party (PDP) from power in the 2015 general election.