By Adesina Soyooye
For, allegedly, laundering the sum of about N8 billion, Tunde Ayeni, a former chairman of the defunct Skye Bank Plc, was on Monday, remanded at Kuje correctional centre Abuja.
He will remain there until May 13 when his application for bail will be heard.
The businessman was arraigned on Monday at an Federal Capital Territory (FCT) High court on a 17-count charge
filed against him by the Economic and Financial Crimes Commission (EFCC). He pleaded not guilty to the charges.
EFCC’s Counsel, Ekele Iheanacho, asked the court for a date for tye commencement of trial after the plea was taken. He, also, asked
the court to remand Ayeni in custody pending the date of trial.
But Ahmed Raji, SAN, counsel to Ayeni, pointed out that the defence filed for bail application today and served the prosecution and
urged the court for a short adjournment to hear the bail application.
The charge sheet, he said, was served on the defence on April 23, 2026, which was a public holiday.
He appealed for the release of his Client to him and Olalekan Ojo, SAN, and promised that he will be available in the next adjourned date.
But the trial Judge, Jude Onwuegbuzie, adjourned the hearing on the bail application to May 13 and ordered that Ayeni be remanded at the Kuje Correctional Centre until then.
The EFCC arrested Ayeni in Abuja on April 24 for investigations into the alleged diversion and misappropriation of funds estimated at N36.5 billion and $30 million. The huge sums were allegedly obtained from Polaris Bank Plc through companies associated with him.
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