x

JUST IN: EFCC Declares Former Petroleum Minister Timipre Sylva Wanted Over $14.8m Fraud

The Economic and Financial Crimes Commission (EFCC) has declared former Minister of State for Petroleum Resources and ex-Governor of Bayelsa State, Timipre Sylva, wanted over allegations of conspiracy and dishonest conversion of $14,859,257.

According to a public notice issued on Monday by EFCC spokesperson Dele Oyewale, the funds in question were part of an investment made by the Nigerian Content Development and Monitoring Board (NCDMB) in Atlantic International Refinery and Petrochemical Limited for refinery construction.

The statement reads in part:

“The public is hereby notified that Timipre Sylva, 61, from Brass Local Government Area of Bayelsa State, is wanted by the EFCC in connection with an alleged case of conspiracy and dishonest conversion of $14,859,257. The notice follows a warrant issued by the Lagos State High Court on November 6, 2025.”

The commission urged anyone with information about Sylva’s whereabouts to contact any of its offices nationwide or report to the nearest police station or security agency.

Sylva, a prominent figure in Nigeria’s oil and gas sector and a key political ally of the current administration, is yet to respond to the development.

Hot this week

Gov. Ododo Hails APC Members Over Successful Ward, LGA Congresses in Kogi

From Noah Ocheni, LokojaKogi State Governor, , has congratulated...

Kogi Receives NEPZA License for Ajaokuta Economic City Free Trade Zone

From Noah Ocheni, LokojaThe (NEPZA) has officially issued the...

Many Injured as Violence Erupts at APC Ward Congress in Oluyole

The All Progressives Congress ward congress in Oluyole local...

Paris Saint-Germain F.C. Ordered to Pay Kylian Mbappé €61m After Court Ruling

French champions Paris Saint-Germain will pay Kylian Mbappé €61...

Court Adjourns El-Rufai’s Arraignment to April 23 Over Custody Issue

The Federal High Court in Abuja has adjourned the...

Bayelsa NUJ Commends Diri’s Appointments, Seeks Urgent Action on Power Supply

The Nigeria Union of Journalists (NUJ), Bayelsa State Council,...

CBN RATE CUT OF 26.5: VOICES, UPSETS AND PROSPECTS

Adefolarin A. OlamilekanArguably, the latest 26.5% Central Bank of...

COCSON Defends Umahi, Urges Due Process in Sowore Confrontation

The Coalition of Civil Society Organisations in Nigeria (COCSON)...

Senate Rejects Opposition Call to Amend Electoral Act 2026

The Senate has dismissed calls by opposition leaders for...

AFAN Hosts EU, AU Delegation in Abuja to Discuss Mycotoxin Risks

The All Farmers Association of Nigeria (AFAN) has hosted...

Bayelsa Deputy Governor Peter Akpe Promises Humble, People-Focused Leadership

Newly sworn-in Deputy Governor of Bayelsa State, Pastor Peter...

Related Articles

Popular Categories

spot_imgspot_img