Skye Bank denies concealing TSA funds
Skye Bank Plc on Friday denied concealing funds meant to be transferred into the Federal Government’s Treasury Single Account.
Justice Chuka Obiozor ordered the seven banks to remit the various amounts allegedly being kept illegally in their custody to the designated Federal Government’s asset recovery dollars account domiciled with the Central Bank of Nigeria.
The concerned banks are United Bank for Africa Plc, Diamond Bank Plc, Skye Bank Plc, First Bank Limited, Fidelity Bank Plc, Keystone Bank Limited and Sterling Bank Plc.
UBA, Sterling Bank and Fidelity Bank have since denied the allegation, while First Bank, Keystone Bank and Diamond Bank are yet to issue official responses.
But Skye Bank, in a statement on Friday by the Head, Head, Strategic Brand Management and Communications, Mr. Nduneche Ezurike, said, “Our attention has been drawn to media reports of a ruling of the Federal High Court in Lagos July 20, 2017, wherein seven commercial banks were ordered by Hon Justice Chuka Obiozor to remit a total of $793.200.000 allegedly hidden with them in contravention of the Federal Government’s Treasury Single Account policy.
“According to the said reports, it was alleged that the sum of ₦41m is illegally kept in a NAPIMS fixed deposit account with Skye Bank in collusion with government officials. The management of Skye Bank hereby states that it neither colluded nor unilaterally hid the reported sum or any other funds in its custody.”
He added, “On the contrary, the said funds are held with the full knowledge of the relevant Agencies of the government including the Central Bank of Nigeria, the DSS, the National Assembly and the Inspector General of Polices’s Special Investigation Panel, with whom we have engaged extensively over same.”
The lender informed all its stakeholders that it was would not conduct itself in breach of the laws or policies of the government, including the TSA policy.
“The bank will take appropriate legal steps in response to the ruling of the Federal High Court on August 8, 2017, when the substantive hearing is expected to come up,” he added.
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