EFCC REARRAIGNS SKYE BANK CHAIRMAN, TUNDE AYENI, MD, OGUNTAYO ON 8BIL NAIRA FRAUD

The Economic and Financial Crimes Commission, EFCC, on May 27, 2019 re-arraigned a former Chairman, Board of Directors, Skye Bank Plc (now Polaris Bank), and the former Managing Director, MD of the Bank, Timothy Ajani Oguntayo, before Justice Ijeoma Ojukwu, of a Federal High Court, Abuja, on an eight-count charge bordering on money laundering to the tune of N8 billion. They were initially arraigned before Justice Nnamdi Dimgba of a Federal High Court, Abuja on December 17, 2018, shortly after which the judge was transferred out of Abuja to the…

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