Society Watch

…watching over you!

SKYE BANK IN FINANCIAL MESS…. NOW REJECTS CHEQUES FROM N50,000 UPWARD …CUSTOMERS IN GROWING FEAR +HOW CHAIRMAN, TUNDE AYENI RUINED THE BANK

2 min read

Fresh findings have revealed that financial institution; Skye bank Plc, is now facing financial constraints as you read as depositors can no longer have access to their saved money. Recent checks revealed that depositors who present over N50,000 at the counter are now told to call back or write a cheque lesser.
For example, the Lagos-Ikorodu branch of the bank on Friday 27th march, 30th & 31st March instructed its cashiers not to honor cheques above N50,000! That means customers who came with a cheque of 51k and above to the bank wouldn’t have access to their hard-earned money, and this we heard had been taken place in some other branches of the bank nationwide.
In addition, some of the bank’s ATM Machines are not also working owing to the collapse in the bank’s finance.
The bank is said to be battling with internal financial crises allegedly caused by reckless spending, internal fraud and mismanagement.
skye-bank-logo
The build-up to this current problem started few months ago when the bank’s chairman, Tunde Ayeni donated a sum of N2billion naira to the failed reelection bid of President Goodluck Jonathan.
When this donation was made, most of the shareholders, depositors of the bank frowned at the Chairman’s actions, prompting them to ask if their money is still intact.
With President Jonathan’s re-election bid hitting the rocks and Gen. Muhammadu Buhari winning the 2015 presidential election panic is said to have set in once again within the bank’s investor and depositors, as many want to know about the safety of their investment.
The clamour by investors and depositors to know the fate of their money has also not been helped by Ayeni’s flamboyant lifestyle, as he has been severally alleged of dipping his hand too deep into the bank’s finances.
Reacting to the bank’s financial crises, the bank in a recent statement said Ayeni is “neither involved in the management of the Bank, nor does the governance structure and practise of the Bank give room for any director to use the Bank’s funds for personal purposes.