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Nigeria's EFCC has re-arraigned former Skye Bank chairman Tunde Ayeni a third time on amended charges of diverting N15.6 billion. He pleaded not guilty.
An Abuja court granted ex-Skye Bank chairman Tunde Ayeni N200 million bail on May 25, with conditions including property-owning sureties and a N15 billion bank guarantee.
An Abuja court fixed May 25 to rule on Tunde Ayeni's bail application, with the EFCC opposing his release and five SANs arguing for constitutional presumption of innocence.
Former Skye Bank chairman Tunde Ayeni was remanded at Kuje Prison on Monday after the EFCC arraigned him on a 17-count N15.6 billion fraud charge.
The EFCC has arrested former Skye Bank chairman Tunde Ayeni in Abuja over the alleged diversion of N36.5 billion and $30 million from Polaris Bank through companies linked to him.