Skye bank has denied media reports that its Group Managing Director/Chief Executive Officer, Mr. Kehinde Durosinmi-Etti, was arrested or committed to prison.

The bank, in a statement, yesterday, said: “Justice Archibong of the Federal High Court, Lagos, made a Garnishee Order Nisi against the account of Nigeria Customs with the Bank and an affidavit was filed stating that the Nigeria Customs had a revenue Collection Account with the bank, and as such, the balances in the said account belong to the Federal Government, and cannot be attached. The bank also deposed to the fact that the account is a No Debit Account.

“Despite this, the judge made the order absolute, ordering the bank to pay the sum of N6 million naira from the Federal Government’s money, knowing fully well that the Federal Government is not the judgment debtor, and the money does not belong to the judgment debtor, the Nigeria Customs Service.

“The judgment creditor’s lawyer, Olisa Agbakoba SAN, also went ahead to file papers for contempt proceedings against some principal officers of the bank.”