RismadarVoice Reporters, July 6, 2026
The Economic and Financial Crimes Commission (EFCC) on Monday presented its first prosecution witness in the trial of former Chairman of the defunct Skye Bank Plc (now Polaris Bank Limited), Tunde Ayeni, over an alleged N15.6 billion fraud.
The witness testified before Justice Jude Onwuegbuzie of the Federal Capital Territory (FCT) High Court, Apo, Abuja, as the anti-graft agency commenced the presentation of evidence in the case.
Ayeni is standing trial on an 18-count amended charge bordering on alleged criminal breach of trust, misappropriation and diversion of funds amounting to N15.6 billion.
He was initially arraigned on May 4, 2026, on a 17-count charge before being re-arraigned on June 22, 2026, following the filing of an amended charge by the EFCC supported by additional proof of evidence.
At the resumed hearing, the prosecution counsel, Abba Muhammed, SAN, called the first prosecution witness, Remigus Ugwu, a staff member of Zenith Bank, who identified himself before the court.
Justice Onwuegbuzie subsequently adjourned the matter until July 16, 2026, for continuation of the trial.
