BREAKING: EFCC arrests ex-Skye Bank Chairman Tunde Ayeni over alleged N36.5bn, $30m fraud

The Economic and Financial Crimes Commission (EFCC) has arrested businessman and former chairman of the defunct Skye Bank Plc, Tunde Ayeni, over an alleged multi-billion naira fraud.

Ayeni was reportedly picked up in Abuja and is currently in EFCC custody as investigations continue.

The anti-graft agency is probing the alleged diversion and misappropriation of funds estimated at N36.5 billion and $30 million.

The funds are said to have been obtained from Polaris Bank Plc through companies linked to the suspect.

More details to follow…