Connect with us

Politics

EFCC Declares Ex-Bayelsa Governor Timipre Sylva Wanted Over $14.86m Alleged Fraud

The Economic and Financial Crimes Commission (EFCC) has declared former Minister and Bayelsa Governor Timipre Sylva wanted…

Published

on

efcc sylva
Timipre Sylva
  • The Economic and Financial Crimes Commission (EFCC) has declared former Minister and Bayelsa Governor Timipre Sylva wanted over an alleged conspirac and misappropriation of $14.86 million linked to Atlantic International Refinery projects.

The Economic and Financial Crimes Commission (EFCC) on Monday, November 10, 2025, declared former Minister of Petroleum Resources and ex-Governor of Bayelsa State, Chief Timipre Sylva, wanted over alleged conspiracy and dishonest conversion involving $14.86 million.

The funds were reportedly part of investments made by the Nigerian Content Development and Monitoring Board (NCDMB) into Atlantic International Refinery and Petrochemical Limited for the construction of a refinery.

VN62

According to EFCC Head of Media and Publicity, Dele Oyewale, the Commission secured a warrant for Sylva’s arrest from a Federal High Court in Lagos on November 6, 2025. Justice D.I. Dipeolu authorized EFCC officers, police, or any law enforcement agent to arrest Sylva and bring him before the Commission to answer questions regarding the alleged offence.

RECOMMENDED FOR YOU  Rivers Crises: Call Wike To Order, Edwin Clark Tells Tinubu
Timipre Sylva
Timipre Sylva

“The order is made issuing a warrant to the Applicant or any Officer of the Commission, Police, or any law enforcement officer for the arrest of the Respondent for the purpose of bringing him before the Commission to answer to the criminal offence he is alleged to have committed,” the court stated.

RECOMMENDED FOR YOU  BREAKING: EFCC Declares Atiku’s Son-in-Law, Bashir Haske, Wanted for Alleged Money Laundering

DON’T MISS: ‘Be Careful or Risk Ending Up Worse Than Yakubu’, Onovo Warns New INEC Boss

The EFCC has appealed to the public to provide information about Sylva’s whereabouts and report to any of its zonal offices nationwide or the nearest police station.

In a related development, the anti-graft agency also adjourned the trial of former Kogi State Governor, Yahaya Adoza Bello, over alleged N80.2 billion fraud until Tuesday, November 11, 2025.

Advertisement
VN62

During Monday’s proceedings before Justice Emeka Nwite at the Federal High Court, Maitama, Abuja, four witnesses from Zenith Bank, Ecobank, Keystone Bank, and Access Bank testified, linking multiple withdrawals and payments from the Kogi State Government House Administration Account to various hotels and individuals.

RECOMMENDED FOR YOU  ‘I’m Always On Record’ - Peter Obi Responses To Audio Call Allegations With Bishop Oyedepo

Justice Nwite reviewed the exhibits and adjourned the trial to continue on Tuesday.

Advertisement

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

President Bola Tinubu 3 President Bola Tinubu 3
Politics54 minutes ago

BREAKING: Tinubu Suspends Three Permanent Secretaries, Orders Arrest Over Fake Agency

President Bola Tinubu has suspended three permanent secretaries and ordered the arrest of George Buchi Nwabueze following the discovery of...

arsenal cov arsenal cov
Sports54 minutes ago

Arsenal Begin Premier League Title Defence With 3-0 Win Over Coventry City

Arsenal started their Premier League title defence in style with a comfortable 3-0 win over newly promoted Coventry City at...

Victor Osimhen with Arsenal badge Victor Osimhen with Arsenal badge
Sports1 hour ago

Victor Osimhen To Arsenal: Why Wages And Galatasaray Price Could Decide Transfer

Victor Osimhen to Arsenal transfer update: See why wages, Galatasaray’s price, Arsenal’s striker search and Osimhen’s decision could determine the...

hull united hull united
Sports1 hour ago

Manchester United vs Hull City Today: Kick-Off Time, Team News, Prediction And How To Watch

Manchester United vs Hull City today: See kick-off time, Nigerian time, team news, predicted lineups, how to watch and match...

adeleke apc accord adeleke apc accord
Politics1 hour ago

Osun Election: How APC, Accord Spent Over N100bn Amid Vote Buying

APC and Accord allegedly deployed over N100bn in the Osun governorship election, with billions reportedly spent on vote buying, agents,...

ndleaaa ndleaaa
News1 hour ago

NDLEA Busts ₦39bn Cocaine Cartel, Arrests Influencer KC Luxury At Lagos Airport

NDLEA has arrested social media influencer KC Luxury over an alleged ₦39bn cocaine cartel after 184.5kg of cocaine was intercepted...

liverpool mancity badges liverpool mancity badges
Sports1 hour ago

Liverpool, Man City Face New Era as Salah and Guardiola Depart

Liverpool and Manchester City begin a new Premier League era without Mohamed Salah and Pep Guardiola, leaving both clubs facing...

obi tinubu atiku obi tinubu atiku
Politics2 hours ago

Peter Obi Challenges Tinubu, Atiku, Other 2027 Aspirants to Face Nigerians, Defend Their Records

Peter Obi has challenged Tinubu and other 2027 presidential hopefuls to defend their records, engage Nigerians directly and subject their...

UK visa UK visa
News2 hours ago

Nigerian Passport UK: NIS Sends Intervention Team To Clear Backlog, Who Can Apply

Nigerians in the UK with pending passport applications, new applications or passports close to expiry can benefit from the NIS...

big brother mail housemates big brother mail housemates
Big Brother Naija2 hours ago

BBNaija Season 11 Eviction: Full List Of Housemates At Risk This Week

BBNaija Season 11 eviction: See the full list of housemates at risk this week, who is safe, why Abi’s HoH...

Advertisement