Breaking
Alleged N15.6bn Fraud: EFCC presents first witness against Tunde Ayeni
The Economic and Financial Crimes Commission on Monday, July 6, 2026, presented its First Prosecution Witness, PW1, before Justice Jude Onwuegbuzie of the Federal Capital Territory, FCT, High Court, Apo, Abuja, in the trial of the former Chairman, Board of Directors, defunct Skye Bank Plc (now Polaris Bank Limited), Tunde Ayeni.
In a statement on Monday, the EFCC’s head of media and publicity, Dele Oyewale, said Mr Ayeni was being prosecuted on an 18-count amended charge bordering on alleged criminal breach of trust, misappropriation and diversion of funds totaling N15.6 billion.
The defendant was first arraigned on May 4, 2026, on a 17-count charge and was subsequently re-arraigned on June 22, 2026, after the Commission filed an amended charge supported by additional proof of evidence.
At Monday’s proceedings, the prosecution counsel, Abba Muhammed SAN, presented PW1, who briefly identified himself as Remigus Ugwu, a staff member of Zenith Bank.
The matter was thereafter adjourned till July 16, 2026, for continuation of the trial.
Best proverb of the day: 'Even the sun negotiates with dust to make a shadow'
Ogun monarch urges indigenes to unite for community development
Nigerian man shares his parent’s reaction after showing them his new hairstyle (video)
Hormuz boils again as Iran fires missiles at ships after Trump's 'will finish the job' threat
Less than 30% of Earth’s ocean floor has been mapped while scientists still have clearer high-resolution data of Mars than most of the seabed covering our own planet
FCMB Group shareholders approve ₦23.08 billion dividend
Four suspected burglars nabbed in Ekiti
National3 days agoAgainst Nigerian Law, CBN Deputy Governor Emem Usoro Allows Her Eleven Years Old Twin Daughters To Be Company Boss
Society20 hours agoH0rny Old Man Caught On Camera In Broad Daylight Trying To Chop Mad Woman At Roadside
Society2 days agoSad Video emerges showing Kenyan Lady working in the Middle East crying in distress
- Investigation3 days ago
âWhatâs my sin?â â TV host Morayo Afolabi-Brown reacts after caller cÂ¥rses her over questions asked during interview
- World3 days ago
Girl, 16, repeatedly raped by her older brother who 'saw his late wife in her'
- Society3 days ago
61-Year-Old Woman Gives Birth To Healthy Baby In Greater Accra After Decades Of Childlessness
- Politics3 days ago
BudgIT demands probe into ₦1.3bn allocation to ‘fake’ presidential agency
- News3 days ago
UNIOSUN rejects Army position on assault claims, seeks legal action
