Nigeria’s Efcc Announced That A Federal High Court In Lagos Has Issued A Warrant For The Arrest Of Former Petroleum Minister Timipre Sylva. He Faces Allegations Of Conspiracy And Dishonest Conversion Of $14.86 Million.
The Money In Question Was Part Of An Investment By The Nigerian Content Development And Monitoring Board Into Atlantic International Refinery And Petrochemical Ltd For A Refinery Project.
The Efcc Has Asked Anyone With Information About Sylva’s Location To Contact Its Offices Or The Nearest Police Station. The Court Authorized Law Enforcement To Detain Him For Questioning.
Sylva, Who Served As Petroleum Minister From 2019 To 2023 And Was Previously Governor Of Bayelsa State, Could Not Be Reached For Comment. The Case Highlights Nigeria’s Ongoing Efforts To Improve Accountability In Its Oil And Gas Sector.