HomeBusinessEFCC re-arraigns ex-Skye bank chairman Ayeni over N15.6bn fraud

EFCC re-arraigns ex-Skye bank chairman Ayeni over N15.6bn fraud

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The Economic and Financial Crimes Commission on Monday re-arraigned a former Chairman of the Board of Directors of the defunct Skye Bank Plc, now Polaris Bank Limited, Tunde Ayeni, before the Federal Capital Territory High Court in Apo, Abuja, over an alleged N15.6 billion fraud.

Ayeni was re-arraigned before Justice Jude Onwuegbuzie on amended 18 charges bordering on alleged criminal breach of trust, misappropriation and diversion of funds amounting to N15.6 billion.

According to a statement by the EFCC’s spokesman, Dele Oyewale, the re-arraignment followed the EFCC’s submission of additional proof of evidence in the case.

At the proceedings, prosecution counsel, Abba Muhammed, informed the court that the prosecution had filed an amended charge and additional proof of evidence on June 22, 2026.

Responding, defence counsel, Abdul Mohammed, confirmed that he had been duly served with the amended charge.

One of the charges alleged that Ayeni, while serving as Chairman

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