Press Statement By Timipre Sylva: One Billion Naria Hoax

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Abuja

14 October 2012

PRESS STATEMENT

ONE BILLION NAIRA HOAX

It is with huge interest that H.E. Chief Timipre Sylva read a few newspaper reports at the weekend about the Economic and Financial Crimes Commission (EFCC) investigation into his tenure as Governor of Bayelsa State.

According to the reports, the anti-corruption agency has found two buildings in Abuja valued at over one billion naira belonging to the former governor.

Sylva dissociates himself from the said buildings. He knows nothing about them. In fact, he is reading about ownership of the said buildings for the first time.

Since the EFCC is already in court with Sylva over charges of fraud and money laundering, subjecting him to a media trial is improper. It does not serve the ends of justice. It is an exercise in political persecution.

Sylva recalls that this is not the first time he is being tried in the media. In March 2010, newspapers relying on a so-called EFCC interim report had linked him to a fraud of over N100 billion in Bayelsa State. The story then was that, in 2009, he transferred over 40 million US Dollars to an offshore account. Till date, no one has come forward to provide the account details of the foreign account. Nor has he been charged on that score.

Sylva is clear that under Nigerian laws, he remains innocent of all the charges against him until all the evidence has been tested in a court of competent jurisdiction.

DOIFIE OLA
Media Adviser to Chief Timipre Sylva

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1 Comment on this article. Feel free to join this conversation.

  1. Akekere Kopian October 15, 2012 at 9:32 am -

    Our polity must portray a democratic culture hence d Court Judgments mst not go below d universal acceptable standard as a world Class people. Let Justices prevail.