
seven years after the Economic and Financial Crimes Commission (EFCC) handed over the N2.8billion Chelsea Hotel to the government of Bayelsa State, the hitherto money-spinning edifice is rotting away in Abuja.
The hotel was seized from the state’s first civilian governor, the late Diepreye Alamieyeseigha.
A Federal High Court, Lagos in 2007 ordered the forfeiture of the hotel by Alamieyeseigha after the ex-governor was sentenced for corruption.
Besides the hotel, the EFCC sold other Alamieyeseigha assets in Nigeria and realised N3, 128, 230, 294.83billion; $441,000; E7, 000 and £2,000.