Alleged Money Laundering: Court Grants Former Skye Bank Chairman, MD N500m bail Each - THISDAYLIVE

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Alleged Money Laundering: Court Grants Former Skye Bank Chairman, MD N500m bail Each - THISDAYLIVE via thisdaylive

Justice Valentine Ashi of an Abuja High Court sitting in Apo on Wednesday granted bail to a former Chairman, Board of Directors and Managing Director of the defunct Skye Bank PLC , Tunde Ayeni, and Timothy Oguntayo in the sum of N500m each.

The defendants pleaded not guilty to the charge, following which their counsel,Ahmed Raji SAN and E.O Akoni SAN respectively applied for their bail.

 

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