Operatives of the {Economic} and {Financial} Crimes Fee (EFCC) have arrested former chairman of defunct Skye {Bank} Plc, Tunde Ayeni, over allegations of cash laundering, misappropriation, and diversion of funds totalling N36.54 billion and $30 million.
Ayeni was reportedly arrested in Abuja on Thursday and is at present being held at an EFCC facility.
Based on the fee, the arrest adopted investigations into alleged diversion of funds obtained from Polaris {Bank} via a number of entities linked to the previous {bank} chairman.
EFCC sources stated the loans have been allegedly secured for particular funding tasks, together with marine safety companies, electrical energy distribution contracts, and property improvement, however have been later diverted into different ventures, together with asset acquisitions.
The anti-graft company additionally disclosed that about 12 firms linked to Ayeni are underneath investigation for allegedly facilitating the transactions.
The EFCC spokesperson, Dele Oyewale, confirmed the arrest however declined to offer additional particulars.
Blueprint.ng learnt that Ayeni shall be arraigned in court docket upon the conclusion of ongoing investigations.