Sylva

There are reports that a former Governor of Bayelsa State, Timipre Sylva, has retrieved 48 of his properties seized by the Economic and Financial Crimes Commission.

It was observed that some of the inscription ‘EFCC, Keep Off’, on the gates or fences of the properties, located mostly in highbrow areas of Abuja, such as Wuse II and Maitama, had been wiped off the buildings while some of the buildings had been rented out.

A correspondent with Punch, who posed as a prospective tenant, was informed that the rent for the properties ranged between N2.5m and N6m per annum.

Punch reports that the 16 units of service apartments at Plot 1181 Thaba Tseka Crescent, off IBB Way in the Wuse II area of the Federal Capital Territory, cost N6m per annum including a N1.5m service charge. The building provides seven hours of power supply from a generator.

One wing of the building had been painted while the other was under reconstruction.

A guard at the property said, “When the EFCC sealed off this property, it was rotting away. However, it was re-opened a few months ago so we started to refurbish the property. We have repainted the property and we have started renting the apartments out.”

At a block of flats, which comprises nine units (six one-bedroom and three two-bedroom flats) located at 8, Sefadu Street, Wuse, Zone 2, our correspondent was told that the rent ranged from N1.5m to N3m.

“Immediately the EFCC inscriptions were erased, all the flats were taken. There is no vacant apartment now,” the security guard said.

At a property located at 8 Mistrata Street, Wuse II, Abuja, it was observed that the property was a hotel, which charged between N25,000 and N45,000 per room.

During the administration of former President Goodluck Jonathan, the EFCC seized 48 properties from Sylva in 2013, an act which the ex-governor described as a witch-hunt and political persecution.

He was subsequently charged with an alleged N19.2bn fraud.

Read the rest of the story from the link below 

Alleged N19bn fraud: Ex-gov Sylva reclaims 48 houses from EFCC

 

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