Tag Archives: Skye bank

The Economic and Financial Crimes Commission (EFCC) has arrested a former board Chairman of defunct Skye Bank Plc Plc, Tunde Ayeni, over alleged money laundering,  misappropriation and diversion of fund. A source close to the commission told the News Agency of Nigeria (NAN) on Friday that Ayeni, a businessman, was …

A Federal High Court in Lagos Thursday ordered seven banks to remit a total of $793,200,000 (about N249,659,700,000.00), allegedly hidden with them in breach of the Treasury Single Account (TSA) policy, to the Federal Government. A vacation judge, Justice Chuka Obiozor, made the interim order following an ex parte application by the …