Massive Fraud Exposed! EFCC Unveils ₦15.6 Billion Case Against Ex-Skye Bank Boss, Ayeni!.

The Economic and Financial Crimes Commission (EFCC) has officially commenced its trial against Tunde Ayeni, the former Chairman of the defunct Skye Bank Plc, by presenting its first witness at the Federal Capital Territory (FCT) High Court in Abuja. Presided over by Justice Jude Onwuegbuzie, the trial centers on an 18-count amended charge involving alleged criminal breach of trust, misappropriation, and the diversion of funds totaling ₦15.6 billion.....KINDLY READ THE FULL STORY HERE▶

• Witness Testimony: During Monday’s session, prosecution counsel Abba Muhammed (SAN) introduced the first witness, Remigus Ugwu, who is a staff member at Zenith Bank.

• Case Progression: Ayeni was initially arraigned on May 4, 2026, on 17 counts, but was re-arraigned on June 22 following the filing of an amended 18-count charge and additional evidence.

• Adjournment: Following the witness’s initial testimony, Justice Onwuegbuzie adjourned the proceedings until July 16, 2026, for the continuation of the trial.