ALLEGED ₦15.6BN FRAUD: EFCC RE-ARRAIGNS FORMER SKYE BANK CHAIRMAN AYENI

The Economic and Financial Crimes Commission (EFCC) has re-arraigned former Chairman of Skye Bank, Tunde Ayeni, over an alleged ₦15.6 billion fraud case.
Ayeni was brought before the court on charges relating to alleged financial misconduct and transactions said to have occurred during his time at the financial institution.
The anti-graft agency accused the former bank chief of involvement in activities that allegedly resulted in significant financial losses, allegations he has consistently denied.
During the court proceedings, the charges were read to the defendant, who maintained his not-guilty plea, paving the way for the continuation of the legal process.
The prosecution informed the court of its readiness to present evidence and witnesses in support of its case, while the defence team indicated its intention to challenge the allegations.
The case is one of several high-profile financial crime prosecutions being pursued by the EFCC as part of efforts to strengthen accountability and corporate governance in Nigeria’s banking sector.
The court subsequently fixed a date for the continuation of proceedings as both parties prepare for the next stage of the trial.