A Federal Capital Territory High Court in Abuja has remanded former Skye Bank chairman, Tunde Ayeni, in Kuje Correctional Facility over alleged N8 billion money laundering charges.
Trial judge, Justice Jude Onwuegbuzie, issued the remand order on Monday after the defence requested time to argue a pending bail application.
The court adjourned proceedings to May 13 for the hearing of the bail request.
Ayeni is being prosecuted by the Economic and Financial Crimes Commission (EFCC) on a 17-count charge bordering on alleged financial crimes. He pleaded not guilty.
Prosecution counsel, Ekele Iheanacho, urged the court to fix a trial date and remand the defendant pending proceedings.
However, defence counsel, Ahmed Raji, told the court that a bail application had already been filed and served on the prosecution, stressing that the charges were only received on May 1, a public holiday.
Raji further appealed for Ayeni’s release to senior lawyers, including Olalekan Ojo, assuring the court of his availability for trial.
The court, however, declined the request and ordered his remand.
Court remands ex-Skye Bank chair Tunde Ayeni over N8bn fraud
