The Economic and Financial Crimes Commission (EFCC) has declared former Minister of State for Petroleum Resources, Timipre Sylva, wanted over alleged conspiracy and dishonest conversion of $14.86 million.
EFCC spokesperson Dele Oyewale confirmed the development, stating that the funds were provided by the Nigerian Content Development and Monitoring Board (NCDMB) for Atlantic International Refinery and Petrochemical Limited.
Sylva has reportedly been placed on the watchlists of the FBI, Interpol, the UK Metropolitan Police, and other international agencies.
According to EFCC sources, Sylva had initially honoured the commission’s invitations but later stopped appearing. The EFCC obtained an arrest warrant from the Federal High Court in Lagos on November 6, 2025, ordering his immediate arrest.
The development follows the House of Representatives’ probe into the alleged mismanagement of a $35 million NCDMB investment in a refinery project that never took off.
Sylva, a former Bayelsa State governor and APC chieftain, recently made headlines when his Abuja residence was raided by the military over alleged links to a coup plot.
