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    MarketForces Africa » MarketForces News » Ex-Skye Bank Chair Tunde Ayeni Remanded in Kuje Facility

    Ex-Skye Bank Chair Tunde Ayeni Remanded in Kuje Facility

    Olu AnisereBy Olu AnisereMay 4, 2026Updated:May 4, 2026 News No Comments2 Mins Read
    Ex-Skye Bank Chair Tunde Ayeni Remanded in Kuje Facility
    Tunde Ayeni
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    Ex-Skye Bank Chair Tunde Ayeni Remanded in Kuje Facility

    The Federal Capital Territory High Court on Monday remanded a former Syke bank Chairman, Tender Ayeni in Kuje Corrections facility, pending the determination of his bail application.

    Justice Jude Onwuegbuzie gave the order after Ayeni ‘s counsel, Ahmed Raji,  SAN asked for a short date for defence to move the ball 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) charged Ayeni with 17 counts bordering on money laundering to the tune of 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 commencement of trial .

    He also urged the court to remand the defendant in custody pending commencement of trial.

    Counsel for Ayeni, Ahmed Raji SAN, however, told the court that the defence filed bail application on behalf of Ayeni today and served 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. Raji informed the court that Ayeni was a lawyer of over 35 years practice .

    He then 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. PayPal Stablecoin Hits $3.4bn on Surging Transactions Volume

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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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