Anti-corruption and elections / EFCC

Alleged N25bn Fraud: Court Adjourns Ex-Skye Bank Chair, Tunde Ayeni’s Trial to July 2

Justice Ijeoma Ojukwu of a Federal High Court, Abuja has adjourned the trial of a former Chairman, Board of Directors, Skye Bank Plc (now Polaris Bank), Tunde Ayeni to July 2, 2019. Ayeni is facing a 10-count charge bordering on money laundering to the tune of N25,415,080,000 (Twenty-Five Billion, Four Hundred and Fifteen Million, Eighty Thousand Naira). He was on March 7, 2019 arraigned along with Timothy Ajani Oguntayo and two companies, Control Dredging Company Ltd and Royaltex paramount Ventures Ltd, for allegedly conspiring at different times to fraudulently divert depositors’ funds domic…