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EFCC hands over Chelsea hotel to Bayelsa…

EFCC hands over Chelsea hotel to Bayelsa government

The N2.8b Chelsea Hotel, Abuja seized from former Bayelsa Governor, Deprieye Alamieseigha has been handed over to Bayelsa state government by the Economic and Financial Crimes Commission, EFCC

The Hotel is one of the assets acquired with stolen money by former Bayelsa Governor, Deprieye Alamieseigha

Speaking while handing over the keys of the Chelsea Hotel to Timipre Sylva, Governor of Bayelsa State, the Chairman of the EFCC, Mrs Farida Waziri said the event has shown that crime does not pay and that stolen assets will eventually be returned to their rightful owners.

“This hand over ceremony is a time for sober reflection as it is rooted on the menace of corruption by people who have breached the trust of their people in handling the mandate of governance”, she stated.

The EFCC boss revealed that aside the hotel which was valued at N2.8 billion in 2007, another property at No 2 Matchbee Street, Off Aminu Kano Crescent, Wuse 2, Abuja will also be handed over to the Bayelsa state government.

The Commission also recovered and sold some other assets which total value stand at N3,128,230,294.80, 441,000 dollars, 7,000 Euro, and 2,000 pounds, all remitted to the Central Bank of Nigeria in accordance with the law for onward delivery to the government of Bayelsa state as ordered by a Federal High Court, Lagos in 2007.

While directing the Bayelsa government to get the detailed inventory of the hotel from the managers, Diya, Fatimilehin& Co, Waziri urged the state to utilize the assets judiciously

Responding, the Bayelsa State Governor, Timipre Sylva said the occasion was indeed solemn and calls for sober reflection.

He extolled the Chairman of EFCC and her workforce for doing a good job.

“EFCC has done creditably well and all we need to do is to utilize these assets positively.” He disclosed that his government was committed to transparency and due process promising to call for expression of interest regarding the management of the hotel in the nearest future.

Sylva, while promising to build another hotel with the profit realized from Chelsea in the next two years as a memoriam of the occasion requested EFCC to collaborate with his state on the issue of transparency.

“ We welcome your close monitoring of these assets. After all, without you we would not have this. We are fully committed to transparency” ,he assured.