Skye Bank Collapse: EFCC Detains Ex-Chairman Ayeni For Multi-Billion Fraud

ayenni

The acting Spokesman for the Economic and Financial Crimes Commission (EFCC), Mr. Tony Orilade on Tuesday disclosed to the press that the agency has detained a former Chairman of Skye Bank Plc (Now Polaris Bank), Mr. Tunde Ayeni, for alleged fraud running into billions of naira and criminal mismanagement which led to Skye’s collapse.

Mr. Ayeni will be arraigned on Wednesay before a Federal High Court in Maitama, Orilade said, adding that the former Skye Bank boss had been sufficiently grilled in custody by EFCC detectives.

The EFCC had entered into an agreement with the Asset Management Corporation of Nigeria (AMCON) to scrutinize some banks and its officials who facilitated the huge non-performing loans in AMCON’s portfolio.

The aim was for both agencies to consolidate on the gains in the areas of investigating, prosecuting and compelling all obligors of AMCON to recover N906bn from debtors, AMCON Managing Director, Ahmed Kuru, had said.

Recall that the Central Bank of Nigeria, NDIC and AMCON had revoked the operating licence of Skye Bank following its financial instability, leading to its renaming by regulators and a capital injection of about $2bn.

 

Advertisements


Categories: News

Tags:

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: