Tuesday, October 27, 2026

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

The judge adjourned the case until May 13 for the hearing of the defendant’s bail application.

• May 4, 2026
Tunde Ayeni
Tunde Ayeni [Credit: Ripples Nigeria]

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

Nigerian Bar Association

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.

farmers

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

Katsina State

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.”

Harry Kane

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.

Tompolo and Tinubu

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.

U.S. President Donald

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.

OAU

Education

OAU resumes new academic session November 1

The school noted that registration for newly admitted students would begin on November 2.

iPhone Duo

Heading 5

Apple’s first foldable iPhone draws complaints over cracked screens

Apple released the iPhone Duo, its first foldable phone, earlier this year.