Thursday, January 03, 2013

EFCC seizes 48 properties belonging to Timpre Sylva

The Economic and Financial Crimes Commission, (EFCC), on Thursday seized 48 choice properties belonging to the former Bayelsa state governor, Mr Timpre Sylva.

The former governor is being prosecuted at a Federal High Court in Abuja for allegedly misappropriating N6.46 billion state funds during his tenure as governor of the oil rich state.
Confirming this to Channels Television, EFCC spokesman, Mr Wilson Uwujaren, said the commission’s action follows an order on December 28, 2012 by Justice A. R. Mohammed of the Federal High Court, Abuja.

Assets covered by the forfeiture order include: a mansion at 3 River Niger street, Plot 3192 Cadastral Zone AO, Maitama district Abuja and nine units (comprising six one bedroom and 3 two bedroom apartments) at 8 Sefadu street Wuse Zone 2, Plot 262 Cadastral Zone AO2, Wuse Abuja.

Others are 2 units’ duplexes at 5 Oguta Street, Plot 906 cadastral zone Wuse 11 Abuja.

Trial of the substantive suit comes up on 10th January, 2013.

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