Tunde Ayeni, a former Chairman of now defunct Skye Bank Plc has been re-arraigned by the the Economic and Financial Crimes Commission, (EFCC).
Ayeni, was re-arraigned on Monday, May 27 along with a former Managing Director (MD) of the Bank, Timothy Ajani Oguntayo before Justice Ijeoma Ojukwu, Federal High Court, Abuja, on an eight-count charge bordering on money laundering to the tune of N8billion.
Initially arraigned before Justice Nnamdi Dimgba on December 17, 2018, the re-arraignment was informed due to the transfer of the judge from Abuja to the Delta Division of the Court.
One of the counts reads: “That you, Dr. Tunde Ayeni whilst being the Chairman, Board of Directors of Skye Bank Plc and Timothy Ajani Oguntayo whilst being the Managing Director and Chief Executive of Skye Bank between the years 2014 and 2015 conspired at different times to do an illegal act, to wit; caused cash delivery to you, Dr. Tunde Ayeni of the sums of money totaling N4,750,000,000 and USD5,000,000 belonging to Skye Bank Plc, contrary to the provisions of Section 1(a) of the Money Laundering (Prohibition) Act 2011 (as amended) read together with Section 18 (a) of the Money Laundering (Prohibition) Act 2011 (as amended) and punishable under Section 16(2) (b) of the Money Laundering (Prohibition) Act 2011 (as amended).”
The duo pleaded “not guilty” to the charges. Wole Olanipekun, SAN, lead defence counsel, applied that the Court allow the defendants to continue on the bail terms earlier granted them by Justice Dimgba.
Counsel for the EFCC, Suraj Saeda, SAN, noted that the defendant had been attending court as expected, and had not jumped bail, adding that, “we have no objection to deny them bail on the condition imposed by Justice Dimgba.”
Justice Dimgba had admitted them to bail in the sum of N50 million with two sureties each in like sum, who may be either civil servants of not less than the rank of Assistant Director or be private businessmen or professionals provided that one of the sureties is a civil servant.
Justice Ojukwu, thereafter granted them bail as requested and adjourned to July 2, 2019.
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