N2.45bn: EFCC arraigns Timipre Sylva for money laundering


Timipre Sylva: arraigned by EFCC for money laundering
The Economic and Financial Crimes Commission (EFCC), on Monday re-arraigned ex-Gov. Timipre Sylva of Bayelsa at an Abuja Federal High Court, and charged him with alleged laundering of N2.45billion.
Sylva, who allegedly committed the offence between Oct. 2009 and Feb. 2010, was earlier arraigned on June 5, 2012 before Justice Adamu Bello who has retired.
The case was re-assigned to Justice Evoh Chukwu for determination.
At Monday’s proceedings, Sylva pleaded not guilty to all the six counts, as he did before Justice Bello in 2012.
The former governor also has similar charges pending against him before Justice …Read More

Source:: PM Newspaper