The Economic and Financial Crimes Commission (EFCC) has arraigned Tunde Ayeni, the former chairman of Skye Bank, on 17 counts of fraud totaling N8 billion. The charges were brought against him during a court session on Monday. Following the arraignment, the court ordered that Ayeni be remanded in custody pending further proceedings in the case. The legal process will continue as the EFCC seeks to establish the validity of the allegations against him.
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