December 12, 2018 
The Economic and Financial Crimes Commission has detained a former Chairman of Skye Bank Plc (Now Polaris Bank), Mr. Tunde Ayeni, for fraud, according to Punch’s exclusive report.
The EFCC has also filed charges against the former Skye Bank boss before a Federal High Court in Maitama.
Ayeni, it was learnt, would be arraigned for fraud running into billions of naira.
Particularly, the EFCC will charge him for mismanaging the funds of the bank which almost led to its collapse.
Confirming the arrest yesterday, the acting Spokesman for the EFCC, Mr. Tony Orilade, said Ayeni was grilled by detectives.
“I can confirm that he is in our custody. More information will be released tomorrow, (Today)” he said.
The Central Bank of Nigeria, NDIC and AMCON had revoked the operating licence of Skye Bank following its financial instability, thus necessitating the regulators to rename it Polaris Bank and a capital injection of about $2bn.
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