The Economic and Financial Crimes Commission has re-arraigned a former Chairman of Skye Bank Plc, Tunde Ayeni, before the Federal Capital Territory High Court in Apo, Abuja, over allegations of criminal breach of trust, unlawful diversion of funds and misappropriation.Ayeni was re-arraigned on Monday before Justice Jude Onwuegbuzie on an amended 18-count charge filed by the anti-graft agency.
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The case was initially filed on May 4 as a 17-count charge. However, the EFCC later amended the charge after investigators presented additional supporting evidence to the court.
At the resumed hearing, counsel to the EFCC, Abba Mohammed, informed the court that the amended charge sheet and supplementary proof of evidence were formally filed on June 22.
Counsel to the defendant, Abdul Mohammed, confirmed that the defence had received the amended processes.
In the amended charge, the EFCC alleged that Ayeni, while serving as Chairman of the Board of Skye Bank in September 2014, authorised the transfer of ₦510 million from the bank’s suspense account to Capital Field Investment Group Limited in alleged breach of internal banking procedures.
The commission also alleged that another ₦600 million was transferred from the same suspense account into an account linked to Harigold Ventures Limited at Sterling Bank.
According to the EFCC, the funds allegedly belonged to depositors and were under the custody of the bank at the time of the transactions.
The prosecution argued that the transactions amounted to a violation of fiduciary duties and constituted a serious breach of trust.
Ayeni, however, denied all the allegations after the amended 18-count charge was read to him in court.
Following his plea, Justice Onwuegbuzie adjourned the matter until July 6 for commencement of trial.
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