The Eagle Online recalls that Ayeni has been in the eye of the storm over the running of Skye Bank, now Polaris Bank.
Browsing: Timothy Oguntayo
An FCT High Court on Wednesday admitted the Chairman Board of Directors and Managing Director of the defunct Skye Bank PLC, Tunde Ayeni and Timothy Oguntayo, charged with four counts of money laundering to bail in the sum of N500 million each.
The Economic and Financial Crimes Commission charged Ayeni and Oguntayo with money laundering, involving N4.75 billion and $5 million.
According to him, the bank, in its SMEs business platform, has financed many enterprises to greater heights in their businesses