The Economic and Financial Crimes Commission has arrested businessman and former chairman of the defunct Skye Bank Plc, Tunde Ayeni, over alleged financial misconduct involving billions of naira.
Ayeni was reportedly arrested in Abuja and is currently in the custody of the commission as investigations continue.
The anti graft agency is probing the alleged diversion and misappropriation of funds estimated at N36.5 billion and 30 million dollars.
The funds are said to have been obtained from Polaris Bank Plc through companies linked to him.
More details to follow.
