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Reading: Making sense of Bola Tinubu deep-seated interest in Skye Bank new boss, Tokunbo Abiru
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Making sense of Bola Tinubu deep-seated interest in Skye Bank new boss, Tokunbo Abiru

June 15, 2017 12:38 pm
The Capital
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Tokunbo Abiru, the new MD of Skye bank is a very lucky man. Tokunbo’s heart is full of song. Mellifluous notes flit through his belly like dapper-winged butterflies. Happiness and sweet delight sparkle in his eyes like glazed orbs of the eastern muse.

Just recently, it was revealed that after the recent tsunami that engulfed Skye Bank, new appointments to the bank were made and influenced by political considerations. The bank’s new Managing Director (MD), Tokunbo Abiru, was allegedly nominated and installed at the helms of affairs of the bank by Bola Tinubu. This is because Tinubu still has some interest in Skye Bank as a carryover from his investment in the defunct Bond Bank.

As a newspaper editor recently noted in her brilliant piece on the issue, Prudent Bank, Eco Bank, Bond Bank, Co-operative Bank Plc and Reliance Bank merged in 2006 to form Skye Bank thus Tinubu’s interest in the affairs of the Skye Bank, particularly the quality and depth of its new management.

Although two other directors of the bank were allegedly appointed an installed by powerful characters in the Presidential Villa in Aso Rock, Abuja, Federal Capital Territory )FCT), Tinubu’s nominee and incumbent MD of the bank, generated greater buzz due to the APC leader’s alleged penchant for influencing the installation of his underlings and political associates into key positions across the country’s political and business sectors.

And very few people will forget in a hurry that Tinubu, painstakingly facilitated the emergence of his wife Remi, as a two-time senator in the National Assembly and Muhammadu Buhari as the APC’s consensus presidential candidate. Buhari’s subsequent election into Aso Villa, Abuja, as Nigeria’s president, has been widely attributed to Tinubu’s crucial belief in his candidature and passionate support of his campaign.

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However, Tokunbo is very lucky and he is doing a great job in the bank.  An eerie silence now pervades the head office of the bank. The MD, who is known to give staff a considerable degree of freedom in the discharge of their duties, was particularly miffed at the discovery of unpleasant activities by the contractors of the bank that have eaten so deep into the bank’s purse.

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