The Economic and Financial Crimes Commission (EFCC) has arrested prominent businessman Tunde Ayeni over an alleged multi-billion naira fraud.
Ayeni, a former chairman of Skye Bank Plc, was reportedly picked up in Abuja and is currently in EFCC custody as investigations intensify.
According to sources familiar with the probe, the anti-graft agency is investigating the alleged diversion and misappropriation of funds totaling about ₦36.5 billion and $30 million.
The funds are said to have been obtained from Polaris Bank Plc through companies linked to the businessman.
The EFCC has yet to issue an official statement detailing the circumstances of the arrest, but further updates are expected as the investigation unfolds.
