The Economic and Financial Crimes Commission (EFCC) on Monday opened its case against Tunde Ayeni, former Chairman of the Board of Directors of the defunct Skye Bank Plc, presenting its first witness before the Federal Capital Territory (FCT) High Court in Abuja.
Ayeni is being tried before Justice Jude Onwuegbuzie of the FCT High Court, Apo, on an amended 18-count charge bordering on criminal breach of trust, misappropriation and diversion of funds totalling ₦15.6 billion.
Prosecution counsel, Abba Muhammed (SAN), opened proceedings by calling the EFCC’s first witness, Remigus Ugwu, who identified himself as a staff member of Zenith Bank.
The EFCC had first arraigned Ayeni on May 4, 2026, on a 17-count charge. He was re-arraigned on June 22 after the anti-graft agency filed an amended charge along with additional proof of evidence, raising the counts against him from 17 to 18.
The commission alleges that the offences involved criminal breach of trust, misappropriation and diversion of funds amounting to ₦15.6 billion.
Following the brief testimony of the first witness, Justice Onwuegbuzie adjourned the case to July 16, 2026, for continuation of trial.
READ ALSO:
- Access Bank, Fifth Chukker and UNICEF Renew Commitment to Expanding Educational Opportunities for Nigeria’s Most Vulnerable Children
- “I’ll Never Deny Being A Nepo Baby” – Temi Otedola
- FG Meets Dangote Refinery, Marketers Over Petrol Price
- Court Fixes July 10 For Judgement In EFCC’s ₦57-Property Case Against Malami
- Tony Elumelu Steps Down as UBA Chairman
