Nigeria's security forces raided the office of the country's former Vice President Namadi Sambo in the capital, Abuja, a source has told the BBC.
Mr Sambo is accused by the Economic and Financial Crimes Commission (EFCC) of involvement into the alleged diversion of $2bn (£1.3bn) meant to buy weapons to fight the militant Islamist group Boko Haram, the source added.
Documents, including bank statements and contracts, were seized during the raid, which happened on Saturday.
Mr Sambo, who served under ex-President Goodluck Jonathan between 2010 and 2015, has not yet commented on the raid.
President Muhammadu Buhari, who took office in May, set up an investigation into the procurement of weapons for the military, which found that phantom contracts worth $2bn had been awarded.
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