Muhammed was the erstwhile group managing director of Nigerian Army Properties Limited, NAPL.
Maj-Gen Umaru Muhammed has been court-martialed after he was found guilty of stealing $1.476m.
The ruling was given by the Nigerian Army Special Court Martial sitting in Abuja.
Muhammed was the erstwhile group managing director of Nigerian Army Properties Limited, NAPL.
The president of the court, Maj.-Gen. James Myam, said on Wednesday that in the course of the trial, the accused had pleaded not guilty and presented two witnesses.
He said that the court found the defendant guilty of stealing 1.04 million U.S. dollars between May 7, 2019, and June 24, 2021, while serving as GMD of NAPL.
The court president added that the accused was found guilty of instructing one Maj. Usman and one other, now at large, to collect money from ship owners in dollars.
Mr Myam, however, said Mr Muhammed was not found guilty on count 7, which borders on criminal conspiracy to forge a document in connivance with one Yusuf Abdulahi.
He was, however, found guilty of forgery as related to counts 8 and 9 of stealing $430,800, the president of the court said.
The court also found the general guilty of conspiracy to forge documents, and selling the company’s property while no longer serving at NAPL for N200 million.
It also found him guilty of dishonestly taking N74 million from the company’s account on August 22, 2019.
On counts 14, 15, 16, and 18, which bordered on criminal misappropriation, the court said the accused could not account for N2.5 billion belonging to the company.
On count 17, in which the general was accused of withdrawing N750 million from the company’s account, the court held that the prosecution failed to prove their allegation beyond reasonable doubt.