How Skye Bank gave Ex-Perm Sec, Goodknows Igali N1.8bn loan to buy 47 vehicles for GEJ/Sambo 2015 campaign

More facts have emerged on the over 40 vehicles allegedly recovered from Mr. Goodknows Igali, a former permanent secretary by the Economic and Financial Crimes Commission (EFCC) with new evidence strongly indicating that the automobiles were acquired through a bank loan from Skye Bank Plc. for use in the 2015 elections.

The 47 vehicles were purchased with a loan from Skye Bank, as part of the transportation plans for the Jonathan/Sambo campaign during the last general elections.

The vehicles in question  were kept in Abuja in the custody of the former PS who facilitated the loan in readiness to be sold with a view to committing the proceeds to the repayment of the loan.

The ex permanent secretary was said to have taken the loan of N1.8 billion on November 20, 2014 for the purchase of ‘luxury vehicles for VIP use’ with an extended repayment plan beginning from December 2016.

Documents cited at the headquarters of the  bank, in Lagos, further revealed that Skye Bank released the loan in five tranches in line with the time invoices were produced by the suppliers.

A senior manager of Skye Bank who confirmed the loan stated that the bank had in statements made to EFCC September 2016, supplied all the evidences concerning the transactions to the anti-graft agency.

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