The Economic and Financial Crimes Commission has confirmed the arrest of a former chairman of Skye Bank Plc, Tunde Ayeni, over alleged money laundering, misappropriation, and diversion of funds amounting to N36.54bn and $30m.
The EFCC spokesperson, Mr Dele Oyewale, confirmed the arrest, stating that the suspect was apprehended in connection with alleged financial crimes involving multiple entities.
“Operatives of the EFCC have arrested a former board chairman of the defunct Skye Bank Plc and businessman, Tunde Ayeni, in connection with alleged money laundering, misappropriation and diversion of funds to the tune of N36,540,058,400.00 and $30m,” a source said.
“Ayeni was arrested following investigations into the alleged misappropriation and diversion of funds obtained from Polaris Bank Plc by different entities linked to him.
“The funds were loans allegedly obtained for specific investment projects but were subsequently transferred to other entities’ accounts,” the source added.
Another source disclosed that the anti-graft agency is currently probing 12 companies allegedly linked to Mr Ayeni, which were reportedly used to obtain the loans from Polaris Bank.
“Twelve different companies linked to Ayeni are being investigated by the EFCC. They are entities he allegedly used to obtain loans from Polaris Bank for his activities. The loans are depositors’ funds allegedly obtained and diverted for other purposes. Ayeni will be arraigned in due course upon the conclusion of investigations,” the source said.
Mr Ayeni, a businessman and former bank chairman, was reportedly arrested in Abuja on Thursday and is currently being detained at the EFCC facility.
The arrest followed investigations into alleged financial transactions involving loans secured from Polaris Bank for projects such as marine security, electricity distribution, and estate development.
However, findings indicated that the funds were allegedly diverted to other accounts, including those linked to the acquisition of NITEL/MTEL assets through the NATCOM account.
When contacted, Mr Oyewale confirmed the arrest but declined further details on the matter.
The EFCC is continuing its investigation into the matter, with plans to arraign Mr Ayeni upon conclusion of the probe.
Discover more from VOICE OF THE PEOPLE
Subscribe to get the latest posts sent to your email.
