Former Gov. Timipre Sylva re-arrested for Money Laundering

timipre sylvaThe Economic and Financial Crimes Commission (EFCC) has revealed that it will on Tuesday re-arraign former Governor of Bayelsa State, Chief Timipre Sylva, and six others on 42 counts before Justice A. R. Mohammed of the Federal High Court, in Abuja.
Other accused persons include, Francis Okuburo, Gbenga Balogun, Samuel Ogbuku, Marlin Maritime Limited, Eat Catering Services Limited and Haloween Blue Construction and Logistics Limited.
According to a statement on Monday by the Acting Head, Media and Publicity, EFCC, Wilson Uwujaren,the re-arraignment of Sylva’s is sequel to fresh evidence linking him with a number of fraudulent transactions that border on money laundering during his tenure as governor of Bayelsa State between 2009-2012.
The anti-corruption agency had previously arraigned Sylva over six counts of criminal conspiracy and conversion of state’s property and resources amounting to N2.45bn before Justice Adamu Bello of the Federal High Court, Abuja.
The prosecution counsel, Festus Keyamo, revealed that Sylva allegedly perpetuated the fraud by proxies under the false pretences of using the amount to augment salaries of the Bayelsa State government.

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