The Economic and Financial Crimes Commission (EFCC) has invited the managing director of Skye Bank and the bank’s Chief Compliance officer for the bank’s deliberate refusal to move N6.3 billion lodged in two separate accounts with it, to the Treasury Single Account (TSA).
This, according to the commission, amounted to non-compliance with the directive of the Federal Government on funds in deposit money banks.
An EFCC source disclosed that the invitation followed the sudden discovery that the funds belonging the defunct Presidential Implementation Committee on the Alienation of the Federal Government Landed Property, was overlooked by the bank in the TSA compliance arrangement despite the accounts being dormant since 2011.
”There is strong suspicion that the funds was covertly hidden from the government as only the bank and members of the committee that had long wound up operation are aware of its existence”, the source said.
The committee, which had B.B. Awojide as Secretary, operated from Room 4A, (3rd floor) Federal Secretariat, Phase1.
Both accounts have already been blocked by the EFCC, while investigations continue.
