The Economic and Financial Crimes Commission have arrested and detained a
former Chairman of Skye Bank Plc (now Polaris Bank), Tunde Ayeni, for
fraud, Punch reports.Ayeni was chairman of the bank before it's license
was revoked by the CBN in September this year. The former bank boss is
alleged to have mismanaged the defunct bank's funds which almost led to
its collapse. According to reports, the EFCC has filed charges against
Ayeni at a Federal High Court in Maitama and he will be arraigned in
court soon. He is currently being detained by the anti-graft agency.The
Central Bank of Nigeria, NDIC and AMCON had revoked the operating
licence of Skye Bank following its financial instability, thus
necessitating the regulators to rename it Polaris Bank and made a
capital injection of about $2bn. TEx-Skye bank chairman Tunde Ayeni arrested by EFCC, to be arraigned for fraud
The Economic and Financial Crimes Commission have arrested and detained a
former Chairman of Skye Bank Plc (now Polaris Bank), Tunde Ayeni, for
fraud, Punch reports.Ayeni was chairman of the bank before it's license
was revoked by the CBN in September this year. The former bank boss is
alleged to have mismanaged the defunct bank's funds which almost led to
its collapse. According to reports, the EFCC has filed charges against
Ayeni at a Federal High Court in Maitama and he will be arraigned in
court soon. He is currently being detained by the anti-graft agency.The
Central Bank of Nigeria, NDIC and AMCON had revoked the operating
licence of Skye Bank following its financial instability, thus
necessitating the regulators to rename it Polaris Bank and made a
capital injection of about $2bn. T
