Skip to main content

EFCC Releases Billionaire Businessman, Tunde Ayeni After Paying N100m

The Economic and Financial Crimes Commission has released billionaire businessman and lawyer, Tunde Ayeni, after paying the sum of N100 million.



Mr. Ayeni was freed Saturday morning after he and other officials of his bank, Aso Savings and Loans Plc, committed to paying up a controversial N1billion naira the former management of the bank allegedly passed to a former Minister of the Federal Capital Territory, Bala Mohammed.
Sources said Mr. Ayeni personally made a cheque deposit of N100 million naira with he and his colleagues promising to pay the balance in the weeks ahead.
When contacted over the matter on Saturday afternoon, Mr. Ayeni said the matter for which he was invited by the EFCC had to do with a transaction carried out by the management of the bank.


Comments

Popular posts from this blog

Arsenal’s Wenger concerned by Chinese spending power

Arsene Wenger fears the huge wages being offered by big-spending Chinese clubs could cause problems when the Premier League teams look to negotiate new contracts with their star players.  Wenger is currently locked in talks with Arsenal duo Mesut Ozil and Alexis Sanchez as the pair reportedly seek parity with the best-paid players in the Premier League. The Arsenal manager is hoping for successful resolutions to those contract stand-offs, but he believes the money on offer in the China Super League may persuade the Premier League’s star names to ask for even bigger pay packets to stay in England. Chelsea striker Diego Costa has been linked with a move to China, with an offer of £600,000-per-week ($739,000) reportedly on the table for the Spain international. Two of his former Chelsea team-mates, Oscar and John Obi Mikel, have already moved to Super League outfits, while former Manchester United striker Carlos Tevez became the highest-earning player in the world when h...

Return Nigeria’s Stolen Assets, SERAP Urges Trump

Socio-Economic Rights and Accountability Project (SERAP) has urged the President of the United States of America (USA), Donald Trump, to attach and release to Nigeria, some $500 million worth of US-based proceeds of corruption traced to former Nigerian dictator, late General Sani Abacha. SERAP, which made this request in an open letter it send to the US President, also urged President Trump to initiate discussions with the Nigerian government to fulfill these objectives within an agreed framework and timeline. The organisation in the letter dated 3 February 2017 and signed by the organization’s US Volunteer Counsel Professor Alexander W. Sierck and executive director Adetokunbo Mumuni, also wants the Trump’s Administration to instruct the Justice Department to initiate civil asset forfeiture proceedings in regard to the $500 million in assets. SERAP further stated, “these proceeds are separate from the $480 million of Abacha-origin funds that have been forfeited to the US...

Record signing, Oscar lands in Shanghai to join SIPG

 Brazilian midfielder Oscar landed in Shanghai on Monday where the 25-year-old was set to smash the Asian transfer record with a reported 60 million euros ($63 million) deal with Shanghai SIPG. Dozens of supporters chanting club songs swarmed the former Chelsea player at the city’s Pudong airport. Oscar’s arrival in the Chinese Super League comes ahead of that of Argentina’s former Manchester United striker Carlos Tevez, who signed for Shanghai Shenhua in another big-money deal last week.  Tevez’s transfer fee was 10.5 million euros, according to the website transfermarkt.com, which tracks dealings in the sport, though the reported two-year contract of 38 million euros per season ($40 million) makes him the world’s highest salaried footballer. SIPG’s general manager on Monday dismissed concerns raised by state media of a market bubble in the super-rich Chinese league, arguing prices have to be higher to attract players away from big European leagues. “The leagu...