Justice Ijeoma Ojukwu of a Federal High Court, Abuja has adjourned the trial of a former Chairman, Board of Directors, Skye Bank Plc (now Polaris Bank), Tunde Ayeni to July 2, 2019.
Ayeni is facing a 10-count charge bordering on money laundering to the tune of ₦25,415,080,000 (Twenty-Five Billion, Four Hundred and Fifteen Million, Eighty Thousand Naira).
He was on March 7, 2019, arraigned along with Timothy Ajani Oguntayo and two companies, Control Dredging Company Ltd and Royaltex paramount Ventures Ltd, for allegedly conspiring at different times to fraudulently divert depositors’ funds domiciled at the defunct Skye Bank Plc.
They both pleaded “not guilty” to the charges.
At the resumed sitting on May 27, 2019, counsel for the first, third and fourth defendant, Wole Olanipekun, SAN, appeared on behalf of the defendant and applied for an adjournment.
Back Story below
“This is a matter that arose out of business transaction that went sour, and the matter could be resolved,” he said, noting that they had since been in touch with the government to see how best it could be resolved.
Counsel for the EFCC, Suraj Saeda, SAN, however, told the court that he was not in the know of any such settlement.
The trial judge, thereafter, adjourned to July 2, 2019, for a report of settlement or any other application.
