BREAKING: CBN revokes Skye bank license, announces new owner

$15.5m: Court to hear Patience Jonathan’s suit against Skye Bank, EFCC on Nov. 2

The Federal High Court in Lagos has fixed November 2 for hearing in the N200m fundamental rights enforcement suit filed by wife of ex-President Goodluck Jonathan, Patience, against Skye Bank Plc. Defendants: Defendants in the suit are a former Special Adviser to ex-President Goodluck Jonathan on Domestic Affairs, Waripamo-Owei Dudafa; and the Economic and Financial... Read More

$15.5m, court, EFCC, frozen, hearing, Patience Jonathan, Skye Bank

August 6, 2017

Skye Bank seeks to take over Omokore’s assets

The management of Skye Bank Plc is planning to take over some oil wells belonging to Jide Omokore, who is involved in some corruption cases, TheCable reports. The bank said Omokore is indebted to it to the tune of about N110bn at an exchange rate of $1/N315. The loans were said to have been obtained... Read More

assets, Jide Omokore, loan, nnpc, oil wells, Skye Bank

May 8, 2017

Court rejects request to unfreeze Patience Jonathan’s $15m account

by Azeez Adeniyi A Federal High Court in Lagos on Monday rejected a request to unfreeze accounts with 15.5 million dollars belonging to former first lady, Patience Jonathan. Presiding judge, Mohammed Idris ordered parties to file pleadings since issues had been joined as to the ownership of the money. “The issues formulated by all the... Read More

$15m, court, forfeiture, Patience Jonathan, Skye Bank, unfreeze

April 12, 2017

EFCC appeals court order to unfreeze Patience Jonathan’s $5.8m

by Dolapo Adelana The Economic and Financial Crimes Commission (EFCC) has appealed a court order to unfreeze a Skye Bank account belonging to a former first lady, Patience Jonathan. “We have appealed the order,” spokesman for the Commission, Wilson Uwujaren, told Premium Times in an interview. Last Thursday, the Federal High Court in Lagos directed... Read More

$5.8M, appeal, court order, EFCC, Patience Jonathan, Skye Bank

April 12, 2017

Why I withdrew $100,000 from my account – Patience Jonathan

by Dolapo Adelana Former First Lady, Patience Jonathan has given reasons why she withdrew $100,000 from her unfrozen Skye Bank account. Speaking through her solicitor, Barrister Charles Ogboli on Tuesday, Mrs. Jonathan said the withdrawal was for medical treatment. “She wanted to withdraw $5 million on Friday but unfortunately there was no funds and they... Read More

$100000, $5M, Barrister Charles Ogboli, court order, EFCC, Patience Jonathan, Skye Bank

April 10, 2017

The Late 5: These are the stories that drove conversations today

These are the top five stories that drove conversations today. #BBNAIJA: SHOW SETS AFRICAN RECORD WITH 26 MILLION VOTES IN FINAL WEEK The just concluded Big Brother Naija show recorded over 26 million votes for the final which saw Efe emerge as winner. The anchor of the show, Ebuka Obi-Uchendu disclosed this via Twitter. 2. PATIENCE... Read More

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army, BBNaija, Big Brother Naija, court, death, kidnappers, life imprisonment, Olu Falae, Patience Jonathan, Skye Bank, The Late 5, troops, unfrozen account

April 10, 2017

BREAKING: Patience Jonathan storms Skye Bank to withdraw from unfrozen account

by Azeez Adeniyi Former first lady, Patience Jonathan on Monday stormed the Skye Bank PLC in Maitama Abuja to withdraw from her recently unfrozen account. A Federal High Court in Lagos had last week lifted an order of interim forfeiture placed on her account with $5.9m. [Read Also: Court orders EFCC to unfreeze Patience Jonathan’s $5.9m... Read More

EFCC, Patience Jonathan, Skye Bank, unfrozen account, withdrawal

March 7, 2017

Robbers attack bank, kill policeman, 4 others

by Dolapo Adelana A dare-devil robbery gang has reportedly killed five persons in Ogbagi Akoko in Akoko North-West Local Government Area of Ondo State following a robbery attack on a branch of the Skye Bank Plc in the town on Tuesday, The Punch reports. The operation which was successful saw the robbers carting away with an... Read More

Policeman, robbers, Robbery, Skye Bank

November 22, 2016

Frozen $15m: Patience Jonathan loses application to stop further actions

A Federal High Court in Lagos on Tuesday dismissed an application filed by former first lady, Mrs. Patience Jonathan seeking to stop Justice Babs Kuewumi from taken further action on the frozen $15m allegedly belonging to her. The presiding judge, Justice Mohammed Idris declined an application filed by counsel to the first lady, Ifedayo Adedipe... Read More

$15m, EFCC, Goodluck Jonathan, Justice Babs Kuewumi, Justice Mohammed Idris, Lagos court, Patience Jonathan, Skye Bank, Warampo Dudafa

October 13, 2016

How Police pension boss stole N24bn, built 22 houses

Revelations have emerged how Esai Dangabar, a former Director of the Police Pension Fund stole a whooping N24bn, and built 22 houses, The Punch reports. An Economic and Financial Crimes Commission witness, Mr. Mustapha Gadanya, who was also part of those who investigated the matter said Dangabar lodged the stolen money in various banks as fixed deposits. Speaking before... Read More

22 houses, Esai Dangabar, Justice Husseni Baba-Yusuf, N24bn, Police Pension Fund, Skye Bank

October 4, 2016

EFCC discovers fresh $40m in accounts linked to Patience Jonathan

The Economic and Financial Crimes Commission (EFCC) has discovered another set of funds totaling $40 million in accounts linked to former first lady, Patience Jonathan. According to Sahara Reporters, officials of Skye Bank confirmed the recent development to the EFCC who are angered by the explanations given by Mrs Jonathan on the earlier $30 million frozen by the... Read More

$40 million, corruption, EFCC, Patience Jonathan, Skye Bank

September 25, 2016

$20m frozen funds: EFCC to invite Patience Jonathan

The Economic and Financial Crimes Commission (EFCC) is set to invite Dame Patience Jonathan, the wife of former President Goodluck Jonathan over the frozen $20m, Punch reports. The anti-graft agency had frozen her personal account with a balance of $5m and four other accounts with a balance of $15m all domiciled at Skye Bank which she... Read More

$20M frozen money, Dame Patience Jonathan, Economic and Financial Crimes Commission, EFCC, Skye Bank, Waripamowei Dudafa

September 22, 2016

Alleged money laundering: EFCC freezes Patience Jonathan’s personal account

The Economic and Financial Crimes Commission (EFCC) has frozen a Skye Bank account belonging to former First Lady, Dame Patience Jonathan with a balance of $5m. According to reports, the step was taken after Mrs. Jonathan confirmed that the money came from the same source as the four frozen company accounts. A detective at the... Read More

$5M, Economic and Financial Crimes Commission, Patience Jonathan, Skye Bank, Waripamowei Dudafa

September 19, 2016

Patience Jonathan gives EFCC 14-day ultimatum, threatens N5bn suit

Former first lady Patience Jonathan has given the Economic and Financial Crimes Commission (EFCC) a fourteen-day ultimatum to unfreeze her accounts or face a five billion naira lawsuit, The Nation reports. Mrs. Jonathan issued the threat on Monday in a letter issued by her attorneys, First Law Solicitors and signed by its Senior Partner, Timipa Jenkins Okponipere and addressed... Read More

14-day ultimatum, EFCC, ibrahim magu, Patience Jonathan, Skye Bank

September 18, 2016

Opinion: Patience Jonathan and her $31million Skye Bank accounts

by Tony Ogunlowo The former First Lady, Dame Patience Jonathan, has written to the Chairman of the EFCC claiming the ownership of more than $31 million found in various Skye Bank accounts. In an affidavit sworn before the Federal High Court in Lagos she claimed the money was for her medical expenses. So Mama Peace claims... Read More

EFCC, high court, money, nigeria, Patience Jonathan, Skye Bank

September 16, 2016

$15m: EFCC wants Patience Jonathan’s frozen money forfeited

An application seeking the forfeiture of the frozen $15,591,700, claimed by former First Lady, Patience Jonathan will be filed by the Economic and Financial Crimes Commission (EFCC). A senior official of the anti-graft agency said the commission was planning to file a suit compelling Mrs. Jonathan to forfeit the money. He said, “The four companies,... Read More

$15m, EFCC, Patience Jonathan, Skye Bank

September 15, 2016

Just In: Companies linked to Patience Jonathan’s $15m plead guilty

The four companies linked to former First Lady, Patience Jonathan’s $15m on Thursday pleaded guilty to money laundering before a Federal High Court in Lagos. Pluto Property and Investment Company Limited; Seagate Property Development & Investment Co. Limited; Trans Ocean Property and Investment Company Limited and Development Company Limited and Avalon Global Property Development Company... Read More

$15m, guilty, money laundering, Patience Jonathan, Skye Bank, Waripamo Dudafa

September 14, 2016

Patience Jonathan writes Magu, says frozen $15m was for medical bills

Former First Lady, Dame Patience Jonathan has urged the EFCC to release the $15m frozen in four companies’ accounts, saying they were meant for her medical bills while she was out of the country. In a letter by her lawyers, Granville Abibo (SAN) and Co, addressed to the Acting Chairman of the EFCC, Ibrahim Magu, she asked... Read More

$15m, Economic and Financial Crimes Commission, EFCC, Frozen accounts, Patience Jonathan, Skye Bank

September 12, 2016

Names of domestic staff used to open 4 accounts for Patience Jonathan – EFCC

The Economic and Financial Crimes Commission (EFCC) has discovered four accounts belonging to Dame Patience Jonathan, the wife of former President Goodluck Jonathan. The accounts were opened in the name of four domestic staff. Punch reports that the accounts were opened for four companies: Pluto Property and Investment Company Limited, Seagate Property Development and Investment Company Limited, Trans... Read More

$15m accounts, $5M, Dame Jonathan, domestic staff, Economic and Financial Crimes Commission, EFCC, Skye Bank

July 7, 2016

CBN to Nigerians: ‘No need for panic withdrawals from any bank’

Following rumours making the round on social media platforms that some banks in Nigeria were facing distress, the Central Bank of Nigeria, on Wednesday, decried the reports as unfounded and untrue. The apex bank made this known in a statement signed by Isaac Okorafor, Ag. Director, Corporate Communications. The CBN said the appointment of a new board and... Read More

bank, CBN, distress, Issac okorafor, nigerians, rumours, Skye Bank, w]panic withdrawal

June 15, 2016

Six banks given 14-day ultimatum to recall sacked workers

The Nigeria Labour Congress has issued a 14-day ultimatum to banks to recall all workers who have been sacked in the past few weeks. The banks are Fidelity Bank, Diamond Bank, First City Monument Bank, First Bank, Ecobank and Skye Bank. Labour on Wednesday, wrote a letter to the six banks, advising them to do... Read More

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14-days, banks, Diamond Bank, Ecobank, Fidelity Bank, first bank, First City Monument Bank, nlc, Skye Bank, ultimatum, workers

June 7, 2016

The Big 5: These are the stories you should be monitoring today

These are the news stories to monitor today. 1) NYSC orientation course to begin The management of the National Youth Service Corps has announced that the 2016 Batch A stream II will begin its orientation course on Monday, June 13. 2) Alleged killers of Army official arrested Security forces have apprehended suspects who allegedly kidnapped... Read More

army, engagement, FG, fuke Akindele, JJC, Militants, sack, Skye Bank, workers

June 7, 2016

Skye Bank defies FG, sacks hundreds of workers

The current state of the economy has forced another bank to lay off its staff in large numbers despite the federal government warnings to halt the dismissal of employees in the banking sector. Skye Bank Plc went ahead to dismiss at least 200 staff on Monday, June 6. According to a statement put out by the... Read More

200, Diamond Bank, Ecobank, First Bank of Nigeria, retrenchment, Skye Bank, Staff

August 22, 2014