Leadership (Abuja)

19 December 2008

Nigeria: Terry Wayas Loses Property to Fire

Abuja — London-based businessman, Terry Wayas, was in the news once again as his Maitama-Abuja residence went up in flames in the early hours of yesterday.

Narrating his ordeal to newsmen at his residence, the man reputed to have posted bail to the tune of £500,000 for the then incarcerated former governor of Baleysa State, Diepreye Alamieyeseigha in 2006, said the fire started from the air-conditioner in his room.

According to him, "I went to switch off the air conditioner in my room when PHCN interrupted power supply, as there was a need to switch over to my alternative power source, I then heard something like an explosion. Smoke covered the entire room and I was dazed as I could not see anything, I was able to find my way out of the room and called some aides".

Wayas, who claimed to have lost his briefcase, containing very important documents and some money, said they were along the passage in his house watching helplessly as the fire destroyed properties in his room.

"One of my aides, who was with me along the passage, wanted to go into my room that was already filled with smoke to retrieve my briefcase, but I advised against it because I did not want to lose any body to the fire."

"It is very unfortunate that I lost my briefcase which contained very important documents and some money. The Police have been here.

"I commend the efforts of the Fire service; however, if they had come earlier, the situation would have been saved". He stated.

The Nigerian socialite was found guilty of money laundering, July 2007 by a London court, though the amount involved in the crime was not stated, a source said it might be part of the £630,000 being investigated then by the British Police.

Back home, a dependable source has it that he is presently being investigated by the Economic and Financial Crime Commission (EFCC) on money laundering charges.

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