The manner of fraud going on in one of Nigeria’s financial institutions, Skye Bank is nauseating? Customers keep decrying the incessant cases of high level fraud they suffer in the hands of Skye Bank from time to time. This report exposes how the bank under the new management of Timothy Oguntayo scammed one its customers of several billions of naira few months after they arm twisted the company and took over key positions in order to recover their money by all means. The Timothy Oguntayo-led fraudulent team of Skye Bank officials messed up themselves according to a report by a group of auditors which will be published in our next report. The report suggested that the bank officials looted the company, Jorotom Interntional Agency dry within a very short period of time…As you read this, the management of Jorotom Interntional have filed a suit claiming damages of N7billion. The suit, www.myemag.net learnt has placed the bank MD, Timothy Oguntayo and his team under serious pressure, especially because the EFCC is about to step into the matter. …READ MORE ON THIS SUBJECT BELOW…

The new management of Timothy Oguntayo-led Skye Bank Plc, no doubt, must have been running from pillar to post to find a lasting solution to what looks like a landmark legal action presently rocking the financial institution, almost to its base...READ MORE: http://www.myemag.net/?p=6672