Court fixes May 25 to rule on Tunde Ayeni’s bail application in ‘N15.6bn fraud’ case

Newmail | 14-05-2026 04:57pm |

The Federal Capital Territory High Court in Apo has scheduled May 25 for a ruling on the bail application submitted by Tunde Ayeni, the former chairman of the defunct Skye Bank board. Ayeni is currently on trial for his alleged involvement in a fraud case amounting to N15.6 billion. The court proceedings are part of ongoing legal actions related to financial misconduct associated with his tenure at the bank. The outcome of the bail application will determine Ayeni's release status pending the conclusion of the trial.

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