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Tuesday, 5 June 2012

Timipre Sylva In Custody Pending Charges Of Fraud And Money Laundering.



Today authorities have taken former Bayelsa State Governor Timipre Sylva into protective custody, pending charges of fraud and money laundering.
Timipre Sylva, the former state governor of Bayelsa and a rival of President Goodluck Jonathan, is accused of using fraudulent salary increase schemes, money laundering and setting up overdraft facilities to misappropriate funds while he was in office. He was removed earlier this year.
Rivalry between Sylva and Jonathan in the oil-rich Delta region has raised fears of a resurgence of the militant activity that halved oil production there in the last decade, although apart from a few pipeline attacks that nobody can link directly to it, such fears have not yet been realised.
SOURCE

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