...Massive Relocation Of Funds Imminent
Since Chairman of Skye Bank Plc., Tunde Ayeni made a whooping N2 billion donation to the President Goodluck Ebele Jonathan campaign organization, panic has gripped customers of the financial institution.
Ayeni doled out N1billion on behalf of himself and his partner, while the other N1billion is a donation from the coalition of his friends to support the re-election bid of President Goodluck Jonathan.
Since the donation, top investors in the bank are said to be speculating seriously about the safety of their funds and the likelihood that Ayeni is financing the President’s campaign using their money.
While some of the top investors in the bank are said to be carefully watching the situation of things others are said to be set to move their investment out of the bank to more stable and non-politically inclined financial institutions.
This is coming just days after NATCOM Consortium-which has Tunde Ayeni as the chairman-doled out a staggering $252.25million to acquire NITEL and MTEL.
Since his appointment as the bank chairman in 2012, he has acquired at least three bullet proof G-wagon vehicles, purchased two state of art private Jets and two ships for his oil and gas business.
As it is, a major movement of funds from Skye Bank is anticipated next year, as soon as banking activities stabilize, and just before the Presidential elections. Reasons are that major investors in the bank want to ensure their money is safely out of the Skye Bank before the election comes.
Only time will tell the position Skye Bank may be at the end of the first quarter of next year.