Still smarting from many of its attendant monumental crises, Skye Bank has reached the cloudy sky again for yet another shameful act by one of its top managers.

The anti-graft agency, Economic and Financial Crimes Commission (EFCC) last Thursday secured the conviction of Tajudeen Yusuf, a former branch manager of Skye Bank, Jos, before Justice Ambrose Alagwa of Federal High Court 1, Jos, Plateau State. Tajudeen Yusuf was prosecuted on a five-count charge, following a complaint by his employers, having allegedly defrauded one Alhaji Usman Tetengi, a customer of the bank, to the tune of N200 million, when he, Tajudeen, issued him a fake deposit certificate and diverted the money to personal use. Count one of the charge reads: “That you, Tajudeen Yusuf, ( former manager Skye Bank Jos) sometime between the years 2010 and 2013, in Jos, Plateau State within the jurisdiction of this court, did with intent to defraud obtained monies, the sum of N200,000,000:00 (Two hundred million Naira) from one Alhaji Usman Tetengi under a false pretence that the said sum was to be kept as fixed deposit in Skye Bank Jos, for profit and thereby Committed an offence contrary to Section 1 (1) and Punishable Under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14 2016.” Count two reads: “That you, Tajudeen Yusuf (former manager, Skye Bank Jos) sometime in February, 2011 in Jos, Plateau State within the jurisdiction of this court, did make a false documents to wit; Skye Bank Deposit Confirmation Advice, with intent that it be used and acted upon as genuine, thereby Committed an offence contrary to Section 465 of the Criminal Code Act, Cap C38 Laws of the Federation of Nigeria 2004 and Punishable Under Section 467 of the same Act.” In his judgment, Justice Alagwa discharged and acquitted the convict on counts one, four and five but found him subsequently guilty on counts two and three and summarily sentenced him to six months imprisonment on each of the counts. He however gave him the option of N100,000 fine.It will be recalled that Skye Bank in the past one or two years has been involved in series of fraudulent activities most of which have been traced to some of its top managers, and this latest one is the one now making the rounds, as it has now become topical in many financial circles, thus giving the bank a dent that should be giving the management a cause for concern, inadvertently making their customers to feel insecure of their hard-earned deposits with the bank.

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