BREAKING: EFCC Arrests Ex-Skye Bank Chair Ayeni Over Alleged N36bn, $30m Fraud
The Economic and Financial Crimes Commission (EFCC) has arrested businessman and former chairman of the defunct Skye Bank Plc, Tunde Ayeni, over an alleged multi-billion naira fraud.
Ayeni was reportedly apprehended in Abuja and is currently in EFCC custody as investigations into the case continue.
According to sources familiar with the matter, the anti-graft agency is probing the alleged diversion and misappropriation of funds estimated at N36.5 billion and $30 million.
The funds are believed to have been obtained from Polaris Bank Plc through companies reportedly linked to the former bank chairman.
The EFCC has yet to issue an official statement on the development, but investigations are ongoing.
