Inside Nigeria

EFCC Declares ex-Petroleum Minister, Timipre Sylva, Wanted for Alleged $14.86m Fraud

The Economic Financial Crimes Commission, on Monday, declared former Minister of State for Petroleum Resources, Timipre Sylva, wanted over an alleged case of conspiracy and dishonest conversion of US$14,859,257.

EFCC’s spokesman, Dele Oyewale, in a public notice, said the funds were provided by the Nigerian Content Development and Monitoring Board, NCDMB, for Atlantic International Refinery and Petrochemical Limited for the construction of a refinery.

The notice did not specify what happened to the fund or the existence of the said refinery.

Here is the public notice as issued by the comm.idsion: “The public is hereby notified that TIMIPRE SYLVA, a former Minister of State, Petroleum Resources, and former Governor of Bayelsa State, whose photograph appears above is wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of Conspiracy and Dishonest Conversion of $14,859,257-part of funds injected by the Nigerian Content Development and Monitoring Board (NCDMB) into Atlantic International Refinery and Petrochemical Limited for the construction of a Refinery.

“Sylva, 61, is from Brass Local Government Area of Bayelsa State. This notice is pursuant to a November 6, 2025, warrant of the Lagos State High Court.

“Anybody with useful information as to his whereabouts should please contact the Commission in its Ibadan, Uyo, Sokoto, Maiduguri, Benin, Makurdi, Kaduna, Ilorin, Enugu, Kano, Lagos, Gombe, Port Harcourt, or Abuja offices or through 08093322644; its e-mail address: [email protected] or the nearest Police Station and other security agencies.”

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