The Economic and Financial Crimes Commission (EFCC) re-arraigns Tunde Ayeni, a former Chairman of the Board of Directors of defunct Skye Bank Plc (now Polaris Bank Limited), before a Federal Capital Territory High Court in Abuja over alleged fraud totalling N15.6 billion. The re-arraignment takes place before Justice Jude Onwuegbuzie at the court’s Apo division, where the prosecution presents an amended charge and supplementary proof of evidence. Sources report that the amended charge increases the matter to 18 counts. Prosecution counsel Abba Muhammed informs the court that the amended charge and additional proof of evidence are filed on June 22, 2026, with defence counsel confirming receipt of the documents. The allegations include offences such as criminal breach of trust, misappropriation and diversion of funds, including claims that Ayeni dishonestly transferred N510 million from the bank’s suspense account to Capital Field Investment Group Limited in September 2014, and N600 million to Harigold Ventures Limited. Ayeni pleads not guilty to all charges. The court adjourns the case until July 6, 2026, for the commencement of trial. Earlier, Ayeni was first arraigned on May 4, 2026, on 17 counts.
EFCC re-arraigns former Skye Bank chairman Tunde Ayeni over alleged N15.6bn fraud
The Economic and Financial Crimes Commission (EFCC) re-arraigns Tunde Ayeni, a former Chairman of the Board of Directors of defunct Skye Bank Plc (now Polaris Bank Limited), before a Federal Capital T...
- The EFCC re-arraigns former Skye Bank chairman Tunde Ayeni over an alleged N15.6 billion fraud at the FCT High Court in Abuja.
- The prosecution files an amended charge with additional/supplementary proof of evidence on June 22, 2026, increasing the charges to 18 counts.
- The allegations relate to criminal breach of trust, misappropriation and diversion of funds.
- Reported transactions include transfers of N510 million (from a suspense account) to Capital Field Investment Group Limited and N600 million to Harigold Ventures Limited.
- Ayeni pleads not guilty and the court adjourns the case to July 6, 2026, for commencement of trial.
The Economic and Financial Crimes Commission (EFCC) has re-arraigned former Chairman of the defunct Skye Bank Plc, now Polaris Bank Limited, Tunde Ayeni, on fresh charges of alleged N15.6 billion fraud.Ayeni appeared before Justice Jude Onwuegbuzie of the Federal Capital Territory High Court, Apo, Abuja, on Monday, where he was re-arraigned on an amended 18-count charge. The charges border on criminal breach of trust, misappropriation, and diversion of funds.Prosecution counsel Abba Mohammed, SAN, informed the court that the amended charge and supplementary proof of evidence had been filed the same day. Defence counsel Abdul Mohammed, SAN, confirmed receipt of the documents.Among the allegations, EFCC accused Ayeni of dishonestly transferring N510 million from the bank’s suspense account to Capital Field Investment Group Limited in September 2014, and another N600 million to Harigold Ventures Limited. The agency described both transactions as criminal breaches of trust.Ayeni pleaded not guilty to all charges. He was initially arraigned on May 4, 2026, on a 17-count charge before the amendment increased the counts to 18.Justice Onwuegbuzie adjourned the case until July 6, 2026, for the commencement of trial.
2 months agoFormer Skye Bank chairman Tunde Ayeni has been re-arraigned by the EFCC on 18 amended charges concerning an alleged N15.6 billion fraud. Read More: https://punchng.com/efcc-re-arraigns-ex-skye-bank-chairman-ayeni-over-n15-6bn-fraud/
2 months agoThe EFCC earlier arraigned Mr Ayeni on 4 May on 17 counts and ordered his remand in June Correctional Centre in Abuja. The post EFCC re-arraigns ex-Skye Bank board chairman for alleged N15.6bn fraud appeared first on Premium Times Nigeria.
2 months agoAt 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. The post Alleged N15.6bn fraud: EFCC re-arraigns former Skye Bank chair Ayeni appeared first on Vanguard News.
2 months agoThe Economic and Financial Crimes Commission, EFCC, has re-arraigned a former Chairman of the Board of Directors of defunct Skye Bank Plc, now Polaris Bank Limited, Tunde Ayeni, over an alleged N15.6 billion fraud. The development was disclosed during proceedings before Justice Jude Onwuegbuzie of the Federal Capital Territory High Court, Apo, Abuja on June […] N15.6bn fraud case: EFCC re-arraigns former Skye Bank Chairman, Ayeni
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