EFCC Arrests Tunde Ayeni Over N36.5bn Fraud Allegations

The Economic and Financial Crimes Commission (EFCC) has arrested Tunde Ayeni, the former chairman of the defunct Skye Bank PLC, in Abuja. This arrest is part of an ongoing investigation into allegations of multi-billion naira fraud, specifically involving an estimated N36.5 billion and $30 million.

Sources indicate that the EFCC is probing various misappropriations of funds linked to Ayeni, with connections to Polaris Bank PLC. The investigation is still unfolding, and further details are expected to emerge as the EFCC continues its inquiries into the matter.