N15.6bn fraud case: EFCC re-arraigns former Skye Bank Chairman, Ayeni

The Economic and Financial Crimes Commission, EFCC, has re-arraigned a erstwhile Chairman of the Board of Directors of defunct Skye Bank Plc, present Polaris Bank Limited, Tunde Ayeni, implicit an alleged N15.6 cardinal fraud.

The improvement was disclosed during proceedings earlier Justice Jude Onwuegbuzie of the Federal Capital Territory High Court, Apo, Abuja connected June 22, 2026.

According to the anti-graft agency, Ayeni was re-arraigned connected an amended 18-count complaint bordering connected alleged transgression breach of trust, misappropriation and diversion of funds amounting to N15.6 cardinal pursuing the filing of further impervious of evidence.

At the resumed proceedings, prosecution counsel, Abba Mohammed, SAN, informed the tribunal that the amended complaint and supplementary impervious of grounds had been filed connected June 22, 2026.

Responding, defence counsel, Abdul Mohammed, SAN, confirmed that the amended complaint had been served connected the defence.

In 1 of the charges, the EFCC alleged that Ayeni, portion serving arsenic Chairman of the Board of Directors of the defunct Skye Bank Plc, dishonestly transferred N510 cardinal from the bank’s suspense relationship to an relationship belonging to Capital Field Investment Group Limited successful September 2014.

The EFCC alleged that the transportation violated the bank’s opera...