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EFCC Re-arraigns Tunde Ayeni For Alleged N15.6b Fraud

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EFCC Re-arraigns Tunde Ayeni For Alleged N15.6b Fraud

The Economic and Financial Crimes Commission, EFCC, on Thursday, July 16, 2026, re-arraigned Tunde Ayeni, before Justice Jude Onwuegbuzie of the Federal Capital Territory, FCT High Court, Apo, for fraud.
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Ayeni, a former Chairman, Board of Directors of the defunct Skye Bank Plc, (now Polaris Bank Limited), was re-arraigned on amended 18-count charge.

He was arraigned on May 4, 2026, re-arraigned on June 22, 2026. Thursday’s re-arraignment makes it the third time he is taking his plea in court.

The EFCC is prosecuting him on 18-count charges bordering on criminal breach of trust, misappropriation, and diversion of funds to the tune of N15.6 billion.

Count eight reads: “That you Tunde Ayeni, whilst being the Chairman, Board of Directors of the defunct Skye Bank Plc (now Polaris Bank Limited) on or about the 20th November, 2014 at Abuja within the jurisdiction of this Honourable court and having dominion over depositors’ funds domiciled in the defunct Skye Bank Plc’s Suspense Account, committed criminal breach of trust when you dishonestly misappropriated the aggregate sum of Three Billion One Hundred and Thirteen Million Five Hundred and Forty Three Thousand Six Hundred and Sixty Five Naira Forty Two Kobo (N3,113,543,665.42) by directing the transfer of same to Misa Limited’s account No:1011295717, domiciled with Zenith Bank in violation of your contract with the defunct Skye Bank Plc and thereby committed an offence contrary to section 311 of the Penal Code and punishable under section 312 of same Act.”

Count nine reads: “That you Tunde Ayeni, whilst being the Chairman, Board of Directors of the defunct Skye Bank Plc (now Polaris Bank Limited) on or about the 2nd of December, 2014 at Abuja within the jurisdiction of this Honourable Court and having dominion over depositors’ funds domiciled in the defunct Skye Bank Plc’s Suspense Account, committed criminal breach of trust when you dishonestly misappropriated the sum of Five Billion, Seventy Eight Million, Five Hundred and Fifty Thousand Naira (N5,078,550,000) by directing the transfer of same to Greenwich Registrar’s account No:0003490559 domiciled with Union Bank in violation of your contract with the defunct Skye Bank Plc and thereby committed an offence contrary to section 311 of the Penal Code and punishable under section 312 of same Act.”

The defendant pleaded “not guilty” when the charges were read to him, following which prosecution counsel, Abba Muhammed, SAN, told the court that his team was ready to proceed with the trial and that the First Prosecution Witness was in court. The plea for the immediate commencement of trial, was however, opposed by the defence counsel, Olalekan Ojo, SAN, who argued that the prosecution had not filed the summary of the witness’s statements.

EFCC

EFCC

The prosecution counsel, in response, disclosed that the summary of the witness’s statements was filed alongside the second amended charge.

Justice Jude Onwuegbuzie in resolving the matter, held that the prosecution had complied with the necessary requirements. He subsequently adjourned the matter till, July 20, 22, and 23, 2026, for continuation of trial.
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Court Affirms Final Forfeiture Of N293m, Properties Linked To Major General Atewe

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Court Affirms Final Forfeiture Of N293m, Properties Linked To Major General Atewe

The Lagos Division of the Court of Appeal has affirmed the judgment of the Federal High Court, Lagos, ordering the final forfeiture of over N293.97 million, multiple landed properties and investment assets linked to a retired military officer, Major General Emmanuel Jebe Atewe, to the Federal Government.
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In a unanimous judgment read by Justice Boloukuromo Moses Ugo on Wednesday, July 22, 2026, the appellate court dismissed Atewe’s appeal against the judgment of Justice Chukwujekwu Aneke of the Federal High Court, which granted the application of the Economic and Financial Crimes Commission, EFCC, for the final forfeiture of the assets.

The forfeited assets include the sum of N293,970,000.00, 30,000 MTN -linked units in Stanbic IBTC Asset Management Limited, several high-value properties in Abuja, including plots of land at the Outer Northern Expressway, Jahi, Sabon Lugbe, Kuje, Gaube Farmland Extension II Layout, Sector Centre B Layout, Kuje, as well as a commercial property in Yenagoa, Bayelsa State.

The Commission traced the assets to funds reasonably suspected to be proceeds of unlawful activities. Investigations pointed to the diversion of money released for the operations of the Joint Task Force, Operation Pulo Shield.

In the Investigations by the EFCC, about N8.537 billion released to the Joint Task Force was allegedly diverted through a network of companies and individuals acting as proxies. The investigation further established that billions of naira were transferred to companies for services that were never rendered, with portions of the funds subsequently used to acquire various assets allegedly linked to Atewe through companies associated with him.

Specifically, the Commission’s findings showed that N297 million traced to Cisco Nobots Limited was used in a property transaction in Port Harcourt, from which N290 million was eventually recovered by the EFCC.

The Federal High Court had earlier granted an interim forfeiture order before making it final after holding that Atewe failed to satisfactorily explain the legitimate source of the assets.

Dissatisfied with the judgment, Atewe appealed, arguing, among other grounds, that the forfeiture proceedings were incompetent because he was entitled to the protection of Section 123 of the Armed Forces Act, that the proceedings ought not to have commenced while criminal charges against him were pending, and that the trial court lacked jurisdiction to entertain the application.

However, the Court of Appeal resolved all three issues in favour of the EFCC.

The appellate court held that Section 123 of the Armed Forces Act and the decision in General Jafaru Mohammed v. EFCC did not apply to Atewe because he was a retired military officer at the time the forfeiture proceedings were instituted.

The court noted that Atewe admitted his retirement in his affidavit before the trial court and held that the statutory protection under Section 123 is available only to serving members of the Armed Forces.

The court further held that Atewe failed to sufficiently show how he legitimately acquired the assets in question, observing that his explanations merely referred to honoraria without establishing a lawful source for the assets.

Court

Court

On the appellant’s contention that commencing forfeiture proceedings while his money laundering trial was pending amounted to an abuse of court process, the Court of Appeal rejected the argument, holding that the institution of civil forfeiture proceedings during the pendency of criminal proceedings does not constitute an abuse of the judicial process.

Consequently, the Court of Appeal dismissed the appeal for lacking merit and affirmed the judgment of the Federal High Court ordering the final forfeiture of the assets to the Federal Government.
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IGP Disu Declares Open Two-Day Workshop On Strategic Communication And Media Relations For Commissioners Of Police

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IGP Disu Declares Open Two-Day Workshop On Strategic Communication And Media Relations For Commissioners Of Police

The Inspector-General of Police, IGP Olatunji Rilwan Disu, psc (+), NPM, today declared open a two-day workshop themed “Enhancing Strategic Communication and Media Relations” for Commissioners of Police (CPs) drawn from commands nationwide.
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Holding at the Nigeria Police Public Relations School (NPPRS), Abuja Centre, the workshop was attended by members of the Force Management Team, resource persons, and senior police officers.

In his welcome address, the Provost of the School, CP Emmanuel Ojukwu (Rtd), mnipr, fana, fnpa, fnisma, traced the institution’s growth from Kulende, Ilorin, through Lafia, to its present Abuja Centre. He reminded participants that Police Public Relations Officers do not create the image of the Force but manage it, noting that the true face of the Police remains its field officers, whose professionalism ultimately wins public affection. He charged the CPs to cascade lessons from the course down to junior officers at their commands, and disclosed that seven resource persons had been lined up for the engagement.

In his remarks, IGP Disu commended police officers nationwide for their daily dedication and successes, noting that media engagement has not traditionally featured in the career path of many officers ahead of their elevation to CP, a gap this workshop is specifically designed to close. He told the gathering that the office of a CP extends far beyond its outward prestige, stressing that CPs are, first and foremost, managers who must lead from the front. He urged them to attend social functions, visit schools, and leave lasting legacies in their host communities.

The IGP charged the CPs to dominate the media space, describing internal security as the NPF’s core mandate and reaffirming its standing as the foremost security agency in the country. He commended the clearance operations led by the Assistant Inspector-General of Police in charge of Police Mobile Force and the Commissioners of Police of Kogi and other states.

He urged the CPs to be proactive rather than reactive, build their character and media presence, and treat journalists as partners rather than adversaries. He charged them to engage the public with humility, respond swiftly to unfolding situations, and build relationships with the media before crises occur. “Guns protect lives, but your voices protect our reputation,” the IGP stated.

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IGP Disu

The Nigeria Police Force remains committed to equipping its senior officers with the communication skills required to project a professional, accessible, and people-oriented police Force nationwide.

CSP ANIETIE OKOKON EDEM INIEDU, ANIPR,
Force Public Relations Officer,
Force Headquarters, Abuja.
22nd July, 2026.
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NAF Provides Frontline Insight To Media, Strengthens Transparency And Public Trust

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Gambia

NAF Provides Frontline Insight To Media, Strengthens Transparency And Public Trust

In a strategic effort to deepen public understanding of ongoing counter-terrorism operations, the Nigerian Air Force (NAF) conducted a media familiarisation visit to the Air Component of Operation HADIN KAI in the North-East theatre.
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The media delegation, led by the Director of Public Relations and Information, Air Commodore Ehimen Ejodame, comprised defence correspondents from various media organisations who were provided firsthand insight into the planning and execution of air operations, reaffirming the NAF’s commitment to openness, accountability and effective strategic communication. The Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, emphasised that transparency and credible communication are essential to sustaining public trust and ensuring balanced reporting of the sacrifices and achievements of military personnel.

The correspondents embarked on day and night air and ground patrols, interacted with air and ground support personnel and shared meals with frontline troops, providing a unique opportunity to gain firsthand insight into the realities, challenges and unwavering commitment of personnel serving in the theatre.

They also witnessed the exceptional professionalism, discipline and sacrifice of personnel working tirelessly round the clock to protect citizens, while operating in close synergy with the Nigerian Army and other security agencies to restore peace and stability in the region. The visit further afforded journalists a deeper appreciation of how precision air operations contribute to degrading terrorist capabilities and protecting civilian communities.

Gambia

NAF

During the engagement, the Air Component Commander, Operation HADIN KAI, Air Commodore MB Ahmed, provided a vital brief on ongoing air operations and underscored the importance of accurate and responsible reporting in enhancing public confidence and countering misinformation. Similarly, the Theatre Commander, Joint Task Force Operation HADIN KAI, Major General AE Abubakar, highlighted the pivotal contributions of the Air Component in Intelligence, Surveillance and Reconnaissance (ISR), air interdiction and air mobility missions, which continue to enhance the flexibility, responsiveness and effectiveness of joint operations.

The initiative aligns with the CAS’s command philosophy of building a highly motivated, professional and mission-ready force capable of delivering decisive air power effects in synergy with surface forces for the realisation of national security objectives, while reinforcing public trust and support for ongoing military operations.
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