A Federal Capital Territory High Court has ordered the remand of Tunde Ayeni, former Skye Bank chairman, in Kuje correctional facility. Justice Jude Onwuegbuzie made the ruling on Monday.
Ayeni's legal team, led by Ahmed Raji, SAN, requested an expedited hearing for his bail application. The judge scheduled May 13 for arguments on the request.
The Economic and Financial Crimes Commission dragged Ayeni to court on 17 counts of money laundering. Authorities allege he moved approximately N8 billion illegally.
Ayeni entered a not-guilty plea to all charges when arraigned. His response set the stage for what promises to be a lengthy legal battle.
Prosecution counsel Ekele Iheanacho, SAN, pushed for trial to start immediately. He also pressed the court to keep Ayeni locked up until proceedings begin.
Raji countered by informing the court that the defence had just filed a bail application on Monday. He noted that EFCC served the charges on Friday, May 1—a public holiday.
According to Raji, Ayeni is a seasoned lawyer with more than 35 years on the bench. He appealed to Justice Onwuegbuzie to release his client into his custody and that of Olalekan Ojo, SAN.
Raji assured the judge that both senior advocates would guarantee Ayeni's appearance at the next hearing. His plea underscored the defence strategy to secure temporary freedom before trial begins.
