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EFCC Releases Tunde Ayeni From Detention On Bail

Reliable information shows that the corporate chieftain, Dr Tunde Ayeni has been released from EFCC detention on bail late yesterday evening.
Mr Tunde Ayeni

Reliable information available to Elombah.com says that the corporate chieftain, Dr Tunde Ayeni has been released from detention on bail late yesterday evening.

Our news crew had yesterday reported as follows:

“Elombah.com can authoritatively report that billionaire fraudster, Mr Tunde Ayeni is currently being detained by the Economic and Financial Crimes Commission [EFCC].

“Mr Ayeni is in detention over some high level massive corruption perpetrated in connivance with top employees of Aso Savings & Loans [ASL] Plc. which forced the Federal Capital Territory [FCT]-based bank into bankruptcy.”

Following the report, however, the media aide of Tunde Ayeni, Mr Ademola Adedoyin issued a press release saying that the report on Ayeni’s detention is untrue.

Mr Adedoyin wrote:

Contrary to reports by some online publications, the Corporate Chieftain, Dr Tunde Ayeni is not in Economic and Financial Crimes Commission, EFCC, detention. 

The reported detention was described as a piece of mischief and total falsehood  been peddled by idle minds.

As at this evening when the story was streaming in some online publications, Dr Ayeni was at home in Abuja having a quite weekend.

The antics of these mischief makers is obvious for the discerning to decipher. Can a man in EFCC detention be at home at the same time.

While the mischief makers are busy with their unproductive antics, Dr Ayeni and people of like minds are busy working hard on how to generate employment, grow the economy and return Nigeria to the path of prosperity. 

He will not be distracted by this  campaign of calumny and orchestrated media onslaught against him.”

Dr Ayeni operates an open door policy and any journalists desirous of the truth could have put a call across to him or to the  Corporate Communications Department of his Conglomerate to find out the true situation of things,” the statement concluded.

Reliable information gathered, however, shows that the billionaire was ACTUALLY detained but was later granted bail by the anti-graft agency though the details of his bail conditions are yet not available as at the moment of this report.

The Elombah.com report stated that Ayeni, the former chairman of Skye Bank, alongside former MD of Aso Savings & Loans Plc., Mr Hassan Usman, and several others, had feasted on ASL.

Others involved in the shady deals are the CEO of Capital Oil and Gas, Mr Ifeanyi Ubah, York Assets, Olutoya –  Tunde Ayeni’s company, Aso Grove, Hassan Usman, retired DIG of Police Abdulkadir, son of former FCT Minister, Bala Mohammed, Shamsuddeen, and a host of others.

Documents available indicated the said individuals, in connivance with top employees, extended loans to companies and individuals which were never repaid.

Some of the ‘bad loans’ were given at zero per cent interest while other were merely written off shortly after they were given which ran into billions of Naira.

Besides loans, some properties belonging to the financial institution were sold but were not accounted for, or were not properly documented.

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