HomeNation₦15.6BN FRAUD TRIAL: EFCC OPENS CASE AGAINST TUNDE AYENI WITH FIRST WITNESS

₦15.6BN FRAUD TRIAL: EFCC OPENS CASE AGAINST TUNDE AYENI WITH FIRST WITNESS

The Economic and Financial Crimes Commission (EFCC) on Monday presented its first prosecution witness in the trial of former Skye Bank Plc Chairman, Tunde Ayeni, over allegations involving N15.6 billion in financial misconduct.

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The witness appeared before Justice Jude Onwuegbuzie of the Federal Capital Territory High Court sitting in Apo, Abuja, as the anti-graft agency continued its case against the former bank executive.

Ayeni is facing an 18-count amended charge bordering on alleged criminal breach of trust, misappropriation and diversion of funds.

The EFCC had initially charged the former chairman on 17 counts before filing an amended charge containing additional evidence, leading to his re-arraignment in June 2026.

During Monday’s proceedings, EFCC counsel, Abba Muhammed, SAN, called the first prosecution witness, who identified himself as Remigus Ugwu, a staff member of Zenith Bank.

The court later adjourned the matter until July 16, 2026, for further hearing and continuation of the trial.

Headlinenews.news

 

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