Contrary to impression in certain quarters, the Managing Director and Chief Executive Officer (CEO), Skye Bank Plc, Mr. Timothy Oguntayo, was not invited by the Economic and Financial Crimes Commission (EFCC) over alleged unreturned Presidential Implementation Committee’s (PIC’s) N6.5 billion Treasury Single Account (TSA) to the Central Bank of Nigeria (CBN).
In statement made available to Daily Champion, the management of Skye Bank Plc, said there was no iota of truth in the report by some media that the MD/CEO, Mr. Oguntayo , was a guest of the EFCC in connection with the PIC account as indicated above.
It would be recalled that some online sites and national newspapers had reported that the bank’s Managing Director was invited by the EFCC in connection with a Presidential Implementation Committee’s account, which was closed in October 2015.
The bank said the publication was embarrassing, unfounded and unnecessary, explaining that the balance in the Presidential Implementation Committee’s account was returned to the TSA Account with Central Bank of Nigeria(CBN) in October last year after the committee had completed its assignment.
According to a statement from the bank, PIC account was closed immediately after the money was moved to the CBN, wondering why and where the information came about.
“We wish to state that as at the time of the said online reports, neither the GMD nor the Chief Compliance Officer of the Bank had received any such invitation. 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” the bank explained.
The bank said it does not maintain any account nor hold any funds belonging to the PIC as at today, saying it 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”, the statement said.
The bank assured its stakeholders, especially its customers and the general public that it would continue to operate transparently at all times as well as uphold the valued tenets of corporate best practices in its dealings.
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