The woes of Skye Bank Plc seem to be increasing by the day and those who should know are saying it is all because of the management style of Mr. Kehinde Durosinmi-Etti, Group Managing Director/CEO of the bank.

Few days ago, series of fraud rocking the bank were revealed by us. We reported how the workers of the bank allegedly lavish depositors’ money in their care with ease.

The latest information reaching Mi5 shows that the bank is now in an alleged rent scandal.

On Wednesday, November 20, 2013, at about 12 noon, an elderly Chief (name withheld), stormed Skye Bank’s Corporate Affairs, Headquarters extension located at 3, Akin Adesola, Victoria Island, Lagos, to request for his money owed him by the bank.

We reliably gathered that the bank rented one of the man’s warehouses for their banking operations in Lagos. The visibly angry Chief created a big scene that day as he insisted on seeing the bank’s MD.

He had first requested to see one Mrs. Bakare, but was told the woman was not on seat. He thereafter asked to see one Mr. Tunji, who later came out to attend to him. The embittered Chief lamented that after sending all the necessary documents to Skye Bank to get his money, he had still not gotten his cash.

At that time, the man told Mr. Tunji that he won’t leave the bank until he gets his money. He even went ahead to say he had ordered his wife to bring his food to the bank as he was ready for a showdown with Skye Bank even if his protest takes days.

It took several pleas from Mr. Tunji and some other staff of the bank to persuade the elderly man to return this week for his money.

He however threatened more brimstones if his money is not paid this week as promised.

Meanwhile, Mi5 contacted Skye Bank’s Head of Coporate Affairs, Rasheed Bolarinwa for the bank’s reaction, but he failed to respond to a mail sent to him on the matter as he ordered us to do when we first contacted on phone.