EFCC Drags Sacked Bayelsa Governor, Sylva To Court For Laundering N 5 billion

The Economic and Financial Crimes Commission (EFCC) on Friday instituted criminal charges against Timipre Sylva, the former Governor of Bayelsa State who was sacked by the Supreme Court recently.  The anti-graft agency has accused the former Governor of laundering close to N5 billion belonging to Bayelsa state. Apart from money laundering, Sylva was also accused of conversion and obtaining by false pretence.

Many have envisaged that Sylva would run into trouble as he had fallen out with President Goodluck Jonathan who is presently Bayelsa’s biggest political export. They fell out when it became clear that Jonathan opposed the second term bid of the former Governor. There were rumours that the former Governor went as far as threatening to kill the President and his family members.

President Jonathan later threw his weight behind Seriake Dickson who emerged as the PDP’s candidate despite legal steps taken by Sylva to stall the primaries. Sylva’s case worsened when he was sacked by the Supreme Court sacked Sylva and some of his colleagues. Though there are insinuations that former Governor Sylva has fled to Ghana, speculations are rife that a bench warrant might be issued on him.

The Counts proffered against Sylva include:

That you, Timipre Sylva, as Governor  of Bayelsa State, with others now at large, sometime between October, 2009 and February, 2010, at various places in Nigeria, including Abuja, within the jurisdiction of the Federal High Court did conspire to commit a crime to wit: conversion of properties and resources amounting to N2,000,000,000.00 (Two Billion Naira) belonging to Bayelsa State Government and derived from an illegal act, with the aim of concealing the illicit origin of the said amount and you thereby committed an offence contrary to Section 17(a) of the Money Laundering (Prohibition Act), 2004 and punishable under Section 14(1) of the same Act.

Count 2:

That you, Timipre Sylva, as Governor  of Bayelsa State, with others now at large, on or about the 22nd of January, 2010, at Abuja, within the jurisdiction of the Federal High Court, converted the sum of N380,000,000.00 (Three Hundred and Eighty Million Naira), property of the Bayelsa State Government, through the account of one Habibu Sani Maigidia, a Bureau De Change Operator with Account No. 221433478108, in Fin Bank, Plc, which sum you knew represented the proceeds of an illegal act with the aim of concealing the nature of the proceeds of the said illegal act and you thereby committed an offence contrary to Section 14(1) of the Money Laundering (Prohibition Act) 2004 and also punishable under section 14(1) of the same Act.

Count 3:

That you, Timipre Sylva, as Governor  of Bayelsa State, with others now at large, on or about the 5th of February, 2010, at Abuja, within the jurisdiction of the Federal High Court, converted the sum of N50,000,000.00 (Fifty Million Naira), property of the Bayelsa State Government, through the account of one Enson Benmer Limited with Account No. 6152030001946, in First Bank, Plc, which sum you knew represented the proceeds of an illegal act with the aim of concealing the nature of the proceeds of the said illegal act and you thereby committed an offence contrary to Section 14(1) of the Money Laundering (Prohibition Act) 2004 and also punishable under section 14(1) of the same Act.

Count 4:

That you, Timipre Sylva, as Governor  of Bayelsa State, with others now at large, on or about the 5th of February, 2010, at Abuja, within the jurisdiction of the Federal High Court, converted the sum of N20,000,000.00 (Twenty Million Naira), property of the Bayelsa State Government, through the account of one John Daukoru with Account No. 04800250000418, in United Bank for Africa, Plc, which sum you knew represented the proceeds of an illegal act with the aim of concealing the nature of the proceeds of the said illegal act and you thereby committed an offence contrary to Section 14(1) of the Money Laundering (Prohibition Act) 2004 and also punishable under section 14(1) of the same Act.

Count 5:

That you, Timipre Sylva, as Governor  of Bayelsa State, with others now at large, sometime between October, 2009 and February, 2010, at various places in Nigeria, including Abuja, within the jurisdiction of the Federal High Court did conspire to commit a crime to wit: inducing Union Bank, Plc, with the intent to defraud, to deliver to Bayelsa State Government the sum of N2,000,000,000.00 (Two Billion Naira), under the false pretence of using the amount to augment salaries of the Bayelsa State Government and thereby committed an offence contrary to Section 8(a) and punishable under section 1(3) of the Advance Fee Fraud and other Fraud Related Offences Act, 2004.

Count 6:

That you, Timipre Sylva, as Governor  of Bayelsa State, with others now at large, sometime between October, 2009 and February, 2010, at various places in Nigeria, including Abuja, within the jurisdiction of the Federal High Court induced Union Bank, Plc, with the intent to defraud, to grant an overdraft facility of the sum of N2,000,000,000.00 (Two Billion Naira) to the Bayelsa State Government under the false pretence of using the amount to augment salaries of the Bayelsa State Government and thereby committed an offence contrary to Section 1(1)(b) of the Advance Fee Fraud and other Fraud Related Offences Act, 2004 and punishable under section 1(3) of the same Act.

 

 

Author: NewsAdmin

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Kosalabaro: Have you been
monitor­ing the cam­paign of Calumny against Mr President by opposition party?.

Okebadan: What else is there to monitor? The 100days campaign have taken over every­where, everything.

Kosalabaro : I’m worried about us read­ing extra meanings into what is happening to Mr President performance in his first 100 days in office. How can we call ourselves civilized while our President are victims of verbal abuse? . Men can only receive what he sees himself receiving.

Okebadan: You have a point there. But to be candid with you , How do you think each episode will sound like if all we hear are statistics, ratios, percentages , no veiled insults? To me Mr President has done well, at least he is making many people sick in his first hundred days in office. The rich and powerful people are now celebrating their ailments in the market . We are now aware that the former Petroleum Minister Allison Diezani Madueke is a cancer patient, former deputy GMD NNPC is suffering from chronic Hypertension. Former SA to President Jonathan , Mr Kingsley Kuku is suffering from hernia, Former PDP Chairman and the best game changer, Alhaji Muazu is in London Hospital. Beside that, the pipeline vandals and crude oil rats now have change of mind since they have access to the Federal purse.
They stay away from vandalizing the gas pipeline that supply gas to our electricity plant . We are having at least 6hrs light in our area. Within this 100days , all aristos are trying to forming busy for the best reason known to them and the run girls have to eat humble pile by calling their customers repeatedly. So tell me which part of opposition party drama is getting you all worked up now ?.

Kosalabaro: Calm down, I'm not worked up for now but I just want to find out why opposition party get obsessed with pimples when they have guinea worm crawling out of their sores? Is either they are sick people, very sick people who want to end up as amputees and with deformities. We must first find out where those people live and then whether it is a physical or spiritual condition.

Okebadan: That’s the sympton of post election defeat trauma, You have all the time in the world to pay attention to everything , including what the house girl madam memunatu wore the day before and what is going on between her and Michael the gate man . But We don't need to waste our time on them, All what we need to do is to send DSS operatives to their house and do Sambo Dasuki's style to them. They will be singing like fish wives when everybody had gone to work.

Kosalabaro: I dey laugh ooo. See you on Sunday Okebadan.
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