How ex-Petroleum Minister Sylva financed failed coup

Reports submitted to President Bola Ahmed Tinubu on Sunday has thrown light on how the former Minister of State for Petroleum Resources, Timipreye Sylva financed the failed coup.

Nigeria’s financial agencies with anti-terrorism mandates tracked transactions linked to Sylva’s bank accounts which was used purposely for the coup.

Advertisements

This was confirmed by the Defence Intelligence Agency, an arm of the Nigeria Military working alongside the Nigerian Financial Intelligence Unit (NFIU) and the Economic and Financial Crimes Commission (EFCC).

Sylva, who is on the run was a former governor of Bayelsa State before he was appointed Mijister by the former President Muhammadu Buhari as Minister of State for Petroleum.

Advertisements

The indictment of Sylva was based on confessions made by the detained military officers, saying, “Sylva
was a major financier of the plot.”

The embattled former Minister is a chieftain of the ruling All Progressives Congress, APC.

Advertisements