EXCLUSIVE: How former Gov. Sylva allegedly raised money for bankrolling coup
Following Mr Sylva’s instruction, the report said, the management of Purple Waves Limited transferred N785 million on different dates from its account number 0026004238 domiciled in SunTrust Bank Limited to Mr Ma’aji through BDC entities owned by one Sani Abdullahi.2 billion], the management of Purple Waves Ltd, upon the directive of Chief Timipre Sylva, commenced disbursement of the funds to executive the planned coup project…,” the investigative report read.‘Legitimate funds used to sponsor illegitimate activities’ To legitimise Purple Waves’ fund transfers to the BDC operator’s accounts, investigators said, Mr Sylva and his associates “submitted several invoices using the BDC operator’s company names (Express Link, ASA Multipurpose Concept and LUJI Trade & Investment Ltd) to SunTrust Limited to support an alleged award of sub-contract jobs” purportedly arising from the main NDDC contract.
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