Operatives of the Economic and Financial Crimes Commission ( EFCC) have arrested a former Chairman of the defunct Skye Bank Plc and businessman, Tunde Ayeni, in connection with alleged money laundering, misappropriation and diversion of funds to the tune of N36,540,058,400.00 and $30 million.
Ayeni was arrested sequel to the investigation of the EFCC into alleged misappropriation and diversion of funds to the tune of N36,540,058,400.00 and $30million obtained from Polaris Bank Plc by different entities linked to him.
“Twelve different companies linked to Ayeni are being investigated by the EFCC.
“They are entities he allegedly used to obtain loans from Polaris Bank for his shady activities.
“The loans are depositors’ funds fraudulently obtained and frittered into diverse wasteful purposes.
“Ayeni will be arraigned in due course upon conclusion of investigations,” a source said.
When contacted, EFCC spokesman Dele Oyewale confirmed the arrest but declined to give further details.
(vitalnewsngr.com)
