Military investigators have uncovered details of how over ₦700 million was allegedly distributed to soldiers, civilians, companies, and clerics in connection with a failed 2025 plot to overthrow President Bola Tinubu’s administration.

According to investigation records, former Bayelsa State governor, Timipre Sylva, is alleged to have provided ₦785 million through an Abuja-based firm, Purple Waves Limited, which authorities believe acted as a financial intermediary. Sylva has, however, denied any involvement in the alleged plot.

The funds were reportedly routed through a Kano-based Bureau de Change operator, Abdullahi Sani Mohammed, who allegedly disbursed the money based on instructions from the suspected ringleader, Col. Mohammed Ma’aji. Records show that 47 payments were made between September 20 and 30, 2025, as preparations for the operation intensified.

The alleged plot was disrupted following Ma’aji’s arrest on September 29, although some transactions reportedly continued briefly afterward, as certain members of the network were unaware of his detention.

Investigators said several serving and former military personnel received payments tied to specific operational roles. These included assignments such as securing strategic military locations, gathering intelligence and disrupting airport operations.

An Islamic cleric, Goni Bukar, was also identified among major recipients, allegedly receiving ₦50 million in multiple tranches. Authorities claim the funds were meant to provide spiritual support for the operation, though the cleric has maintained that the money was used for religious and charitable purposes.

In addition, multiple corporate accounts were reportedly used to channel funds, suggesting an attempt to conceal the identities of beneficiaries.

Investigators further revealed that coded language was used by the alleged conspirators to disguise their activities. Terms such as “farming” referred to the operation, “fertilisers” to logistics, and “harvest” to the planned execution date.

More than 40 suspects, including military personnel, civilians, and clerics, were arrested between September and October 2025. Thirty-six military officers are currently facing trial before a General Court Martial in Abuja, while others are being prosecuted at the Federal High Court.

The defendants have challenged the admissibility of certain evidence, arguing that it was obtained in violation of legal procedures. The prosecution has, however, urged the court to admit the materials.

All allegations remain subject to judicial determination.