The Economic and Financial Crimes Commission, EFCC, has amended the 18-count charge in the prosecution of the former Chairman, Board of Directors, BoD, of the defunct Skye Bank - now Polaris Bank - Tunde Ayeni, on allegation of criminal breach of trust, misappropriation and diversion of funds in the sum of over N15.6 billion, at the Federal Capital Territory, FCT, High Court, Apo, Abuja.

In amending the counts against Ayeni, EFCC tendered additional evidence. Prosecution counsel of the EFCC, Abba Muhammed, SAN, said the Commission filed the amended charge and additional evidence on June 22, 2026.

The Defence Counsel, Abdul Mohammed, SAN, acknowledged receipt of the documents.

According to the EFCC, Ayeni, while he was Chairman of Skye Bank’s B of Directors, controlled depositors’ funds. The Commission accused him of diverting depositors' funds in breach of the bank’s operational policies.

EFCC arraigned on May 4, 2026, on 17 counts. At proceedings, the presiding judge of the FCT High Court, Justice Jude Onwuegbuzie, adjourned the suit to July 6, 2026, for trial.