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EFCC Summons Timipre Sylva Over $14.86m Fraud Allegation

The Economic and Financial Crimes Commission (EFCC) has summoned Timipre Sylva, a former governor and Minister of State for Petroleum Resources, regarding an alleged fraud amounting to $14,859,257. EFCC spokesman Dele Oyewale responded to Sylva's allegations that the commission operates as an arm of the All Progressives Congress (APC), rather than as a neutral institution.

Sylva, who resigned from the APC, criticized the party for straying from its founding principles and expressed disappointment in the Tinubu administration. He stated that he could not continue to support a party that he believes has compromised its values.

In November 2025, the EFCC declared Sylva wanted in connection with a case involving conspiracy and dishonest conversion, identifying him as a principal financier of the alleged fraud through his company, Purple Waves Limited, contributing approximately N785 million.

Plus234Feed summary based on reporting from Daily Trust. Read the original report below.

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