EFCC, on March 6, 2019, arraigned Tunde Ayeni, a former Chairman, Board of Directors, Skye Bank Plc, before Justice Valentine Ashi of a Federal Capital Territory, FCT High Court, Apo on a four-count charge, bordering on criminal breach of trust to the tune of N4,597,500,000.
Ayeni was arraigned along with Timothy Ajani Oguntayo, for allegedly conspiring at different times to fraudulently divert depositors’ funds domiciled at Skye Bank Plc to personal use.
One of the counts reads:
They pleaded “not guilty” to the charges. Counsel for the first defendant, Dele Adesina, SAN, who held brief for the lead counsel, Wole Olanipekun, SAN, informed the court of their pending bail application, which was served on the prosecution on December 13, 2018.
Counsel for the second defendant, Oyetola Oshobi, SAN, also made similar application.
The trial judge, thereafter, admitted them to bail in the sum of N500 million (Five Hundred Million Naira) with two sureties each in like sum, who must be resident in Abuja, and must own a landed property “of sufficient value”, within Abuja metropolis.
The matter was thereafter adjourned to May 14, 2019, for “commencement of trial”.
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