Alleged Money Laundering: Court remands former Skye Bank chairman Tunde Ayeni

The Federal Capital Territory (FCT) High Court on Monday remanded a former Skye Bank chairman, Tunde Ayeni, to Kuje Correctional Facility pending the determination of his bail application.
Justice Jude Onwuegbuzie gave the order after Mr Ayeni’s counsel, Ahmed Raji, SAN, asked for a short date for the defence to move the bail application.
The judge adjourned the case until May 13 for the hearing of the defendant’s bail application.
The Economic and Financial Crimes Commission (EFCC) had filed 17 charges against Mr Ayeni over alleged money laundering involving about N8 billion.
He, however, pleaded not guilty to the charge.
Following his not-guilty plea, the prosecution counsel, Ekele Iheanacho SAN, asked the court for a date for the commencement of the trial.
He also urged the court to remand the defendant in custody pending the commencement of the trial.
Counsel for Mr Ayeni, Ahmed Raji, SAN, however, told the court that the defence filed a bail application on behalf of Mr Ayeni today and served the same on the prosecution.
According to him, the charge was served on the defendant by EFCC last Friday, May 1, which was a public holiday.
He urged the court to grant a short adjournment for the bail application to be moved.
Mr Raji informed the court that Mr Ayeni was a lawyer of over 35 years’ practice.
He also appealed to the court to release the defendant to him (Raji) and Olalekan Ojo, SAN, assuring that they would present the defendant in court at the next adjourned date.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Sport
Harry Kane wins 2026 Ballon d’Or after successful season with club, country
Kane netted 61 goals at club level in the 2025/26 season as Bayern Munich clinched the Bundesliga.

States
Troops kill 16 suspected ISWAP members in Borno
The statement said the operation was conducted using air and ground weapon systems.

States
Adamawa: Tompolo mobilises support for Tinubu’s 2027 re-election
He described Mr Tinubu as a courageous leader who prioritised the interests of Nigeria.

Heading 1
Trump offers $1 million reward to anyone reporting voter fraud
On Monday, 48 foreign nationals were charged with illegal voting and other election-related crimes.

Education
OAU resumes new academic session November 1
The school noted that registration for newly admitted students would begin on November 2.

Heading 5
Apple’s first foldable iPhone draws complaints over cracked screens
Apple released the iPhone Duo, its first foldable phone, earlier this year.





