HighlightTop Story

Fraud allegations: EFCC summons fugitive ex-Bayelsa Governor Timipre Sylva

444
Advertisement




Former Bayelsa State Governor Timipre Sylva is facing renewed heat from the Economic and Financial Crimes Commission (EFCC), which issued a fresh summons over an alleged $14.86 million fraud.

EFCC spokesperson Dele Oyewale announced the summons on Monday, amidst an escalating row between the commission and the former governor, who recently charged the anti-graft body with operating as a tool for the ruling All Progressives Congress (APC).

“He has been declared wanted; he should make himself available to the commission,” Oyewale said.

The EFCC declared Sylva wanted in November 2025 in connection with an alleged case of conspiracy and dishonest conversion involving $14,859,257.

His resignation from the APC also came a few months after he was linked to an alleged plot against the administration of President Bola Tinubu.

The former Minister of State for Petroleum Resources is listed as a defendant and described as “still at large” in a 13-count federal charge involving allegations of treason, terrorism-related offences, conspiracy and money laundering arising from the alleged plot.

The ex-governor reportedly fled the country after the investigation into the alleged plot became public and later suspended his plan to return to the country when he learned that there had been a raid on his Abuja residence, resulting in the arrest of some of his associates.

The investigators reportedly identified Sylva as an alleged principal financier of the plot.

It was also alleged that he contributed about N785 million through Purple Waves Limited, an Abuja-based company, to the plot.

Author

See also  Poor sanitation and open defecation: Nigeria loses N455bn annually - Osinbajo

Leave a comment

Related Articles

Hollywood delivered in five years what Nollywood couldn’t in 30 years — Omotola Jalade

By Segun Adebayo Veteran actress Omotola Jalade-Ekeinde says her five-year stint in...

Davido Says Daughters’ Daily Shopping Habits Keep Him Working Non-Stop

By Segun Adebayo Nigerian music star David Adeleke, better known as Davido,...

Nigeria’s Top Insurer NICON Stripped of License in Receiver Takeover

The National Insurance Commission (NAICOM) has formally revoked the operating licence (RIC-049)...

BREAKING: Three-Storey Hotel Collapses In Abuja

A three-storey hotel building has collapsed in Wuse Zone 4, Abuja, just...