161 Skye bank

Skye Bank Plc has denied media reports that the bank GMD and the Chief Compliance Officer of Skye Bank were invited by the EFCC over an alleged non-remittance of funds belonging to the Presidential Implementation Committee (PIC) to the CBN in compliance with the TSA directives.

In a statement released on Friday, the bank said it is committed to best practices while denying the reports.

The statement reads in part: “More importantly however, the balances in the said PIC account had since been moved to the CBN in compliance with the TSA on October 2, 2015 and the account closed.

“For the avoidance of doubt, Skye Bank thus does not maintain any account nor hold any funds belonging to the PIC as at today. These Bank is ever ready to provide full information regarding the said account to any security agency including EFCC.

“Our Managing Director and indeed officers of the Bank as law-abiding citizens will be willing at any time, to honour any invitation from the law enforcement Agencies.

“We also use this medium to assure our stakeholders, especially our customers and the general public that our Bank would continue to operate transparently at all times as well as uphold the valued tenet of corporate best practices in our dealings.”

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