JONATHAN:SKYE BANK TROUBLES LINKED TO N2BILLION AYENI’S CAMPAIGN FUND

JONATHAN:SKYE BANK TROUBLES LINKED TO N2BILLION

AYENI’S CAMPAIGN FUND

BY ABDULMUMINI ADEKU…

The on-going troubles at the Skye Bank Plc is now being linked to the N2Billion Presidential Campaign

Donation made by the erstwhile chairman of the bank, Chief Tunde Ayeni to the campaign funds of Former President Goodluck Ebele Azikiwe Jonathan.

In a world exclusive scoop  by The News Office Desk of Paedia Express Multimedia in Lagos,Nigeria , a source told this reporter that there travails at the bank started unknown to many Nigerians actually started immediately President Muhammadu Buhari came to power as President of the Federal Republic of Nigeria in ,May,2015.

The source told this reporter that even Lagos state government which had an account aside from its interest in the bank withdrew its accounts in the last 12 months.

She affirmed that one day the truth about Buhari’s stewardship will be known to the whole world.

According to the Skye Bank official who was introduced to this reporter by a mutual friend ,there bank was marked out for destruction since the day ,Chief Tunde Ayeni made his N2billion campaign funds to Former President Jonathan known t the public as his direct rival:Muhammadu Buhari took note of the development which has now turned back to haunt them.

The Central Bank of Nigeria on Monday sacked the board and management team of troubled listed commercial lender, Skye Bank.

In a press briefing held on Monday in Lagos, the CBN dissolved Skye Bank’s board of directors, the Chairman and Chief Executive Officer also resigned, while four non-executive directors were retained.

The new Chairman of Skye Bank is Mr Muhammad Ahmad, a former Central Bank official, a former head of the Pension Commission and former Chairman of First Bank Nigeria.

Coming in as the new CEO is Mr Tokunbo Abiru, a former executive director at First Bank Nigeria.

The financial regulator says, however that Skye Bank is not distressed but has fallen below the regulated capital adequacy ratio.

On Monday, Skye Bank shares fell 9.52% to 95 kobo as investors sold almost 11 million shares of the lender whose 2015 financial statements are yet to be released to the market.