EFCC arrests Tunde Ayeni over N36bn, $30m fraud

EFCC arrests Tunde Ayeni over N36bn, $30m fraud

The Economic and Financial Crimes Commission (EFCC) has arrested Tunde Ayeni, businessman and former chairman of the defunct Skye Bank Plc, over an al

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

Ayeni was picked up in Abuja on Thursday 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, said to have been obtained from Polaris Bank Plc through companies linked to him.