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$115 million Scam: Skye Bank Chairman Denies Involvement

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The Chairman of Skye Bank Plc and NATCOM, Dr. Olatunde Ayeni has denied involvement with a certain oil company named Auctus Integrated.

The denial came as a result of increasing speculation by a section of the media about his involvement with the company which has been fingered in the ongoing $115 million fund scam.

Auctus Integrated was one of the companies allegedly listed by the embattled Fidelity Bank MD, in the ongoing investigation into the $115 million fund which was said to have been paid into the bank by the former petroleum minister, Mrs. Deizani Alison-Madueke

The Skye Bank Chairman in a press statement signed by the Special Adviser, Corporate Communications described the alleged link between his name and the oil company, Auctus Integrated, as “unfounded and without an iota of truth.”

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