adbrite

Your Ad Here

Anything information and News from top news site around the world Headline Animator

Tuesday, July 5, 2011

GMD of Skye Bank not jailed

Official of Skye Bank yesterday denied reports in some national dailies that its Group Managing Director/Chief Executive Officer, Mr. Kehinde Durosinmi-Etti, was  jailed. 

In a statement, the bank said: ‘’Justice Archibong of the Federal High Court, Lagos, made a Garnishee Order Nisi against the account of Nigeria Customs Service (NCS) with the bank. An affidavit was filed stating that the Nigeria Customs has revenue collection account with the bank, and as such the balances in the said account belong to the Federal Government, and cannot be attached.”
 The bank denied the report that the account is a “No Debit Account”.
It said the court ordered the bank to pay the N6 million from the Federal Government’s money, knowing that the Federal Government is not the judgment debtor, and the money does not belong to the judgment debtor - the Nigerian Customs Service.
 The judgment creditor’s lawyer, Olisa Agbakoba (SAN), also filed papers   for contempt proceedings against some principal officers of the bank, including the GMD and the Company Secretary.

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Disqus for Anything information