Politics
EFCC detains former chairman of defunct Skye Bank Ayeni
The Economic and Financial Crimes Commission (EFCC) has detained Mr. Tunde Ayeni, a former Chairman of Skye Bank Plc, now Polaris Bank, for alleged fraud.
It was gathered, that the EFCC has also filed charges against Ayeni before a Federal High Court in Maitama and is set to arraign him for alleged fraud running into billions of naira.
The EFCC, according to reports, will charge him for mismanaging the funds of the bank which almost led to its collapse.
Read also: Designed to crash: How directors, ‘powerful forces’ in Lagos raped Skye Bank to death
Acting spokesman of the EFCC, Mr. Tony Orilade, confirmed Ayeni’s detention and grilling by detectives.
“I can confirm that he is in our custody. More information will be released tomorrow,” Orilade said.
It would be recalled that the Central Bank of Nigeria, NDIC and AMCON had revoked the operating licence of Skye Bank following its financial instability, thus necessitating the regulators to rename it Polaris Bank with a capital injection of about $2bn.
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