Connect with us

Boardroom Scandals

COWBOY MAFIA: HOW DIAMOND BANK MD UZOMA DOZIE SMOKES HEAVILY DURING MEETINGS AND SACKS WORKERS AT WILL

Published

on

Secret Reporters

Take this to the strong room, there is nothing diamond about Diamond Bank, but scrap since Uzoma Dozie took over as the Group Managing Director from his business godfather, Alex Otti, multiple insiders revealed to SecretReporters.

For those in the Headquarters, the fear of Dozie supersedes the fear of hellfire as they go about their duties daily with fear and trepidation, whenever the sounds of his footstep are heard.

According to our credible sources, the MD is not only cocky but also brute and brash in taking decisions, without input from other top management staff. We gathered that he has reduced the Executive Directors positions to just three, unlike what exists in the past and other major banks where EDs are six or more.

And if you think that’s all, then you are in for a shocker, as he allegedly turns official meetings into smoking avenues, where he’s noted to be a chain smoker, while addressing heads of departments, regional managers and management staff. Under Dozie, policies that were anti customers were introduced.

One of such policies was when customers were mandated to always use their mobile phones to transfer money to another bank. If the transfer is made inside the bank, the money will hit the other account the next day, instead of the same day.

“The question is that, is it not my personal account? Why must you force me to use a phone? And it’s not everybody that’s technology-driven, so it was affecting the core Igbo businessmen who have nothing to do with phones. One of the Managers was summoned from that loan recovery section for that business review and he brought the issue up”.

Danger was looming ahead, during the meeting, as Dozie was puffing away his cigarette. Unknown to the manager, a mail was sent on Friday evening repealing the policy. The manager had not been to the office to see the mail as he was summoned directly to come from home for the meeting. He decided to bring up the policy issue and asked for a review.

Right there, he was axed from his job by the MD who noted that “Is this guy supposed to work with me when he doesn’t know that this policy has been changed, what will he tell his subordinates?”

Another person was asked about a bad loan during the loan review section. During this section, you can be at your house and be online to participate in the meeting. Dozie we gathered asked a question and he was unable to give answers clearly on a particular loan. The GMD called the account officer who was in the market who got the question very well.

“Mind you, the account officer is a micromanager, who has only a few accounts to manage, while a manager has many accounts and account officers to supervise. Because the account officer got the answer, the GMD just sacked him, that there’s no need having that manager”, a source analysed.

Under Dozie, sources disclosed that workers leave on a daily basis, while he sacks at will, running the bank like a private empire. He sends mail to staff and managers without official tones. He addresses them in the mail as “Dear Chaps and Chapesses…”, including those old enough to be his father.

One of our sources revealed that due to his harsh treatment, “Regional Managers will come back and be crying in their offices, telling you that if not because there’s no work in the country and the need to pay their children’s school fees, they would have resigned, as the embarrassment is too much”

Calls placed to the Communication Department of the bank didn’t go through before press time.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

Boardroom Scandals5 hours ago

EXCLUSIVE: Police Indict Unity Bank Cooperative Officials in ₦85 Million Fraud Investigation

Secrets Reporters In an official police investigation report obtained by SecretsReporters, detectives of the Edo State Police Command have laid...

Corruption2 days ago

Nigerian Police Conspires With House of Reps Member Austin Achado To Pay N725 Million For Consultancy To His Company In One Day

Secrets Reporters In a single day in May 2026, Nigeria’s Police Formations and Commands transferred more than ₦725 million to...

The Chief Registrar Alhaji Ibrahim Ali Abdul-Hamid The Chief Registrar Alhaji Ibrahim Ali Abdul-Hamid
General News2 days ago

Industrial Arbitration Panel Mandate Is To Resolve Cases But Now To Spend N2.8 Billion On Streetlights, Road and Community Projects Outside Statutory Mandate

Secrets Reporters A review of the 2026 Appropriation Bill by SecretsReporters has uncovered billions of naira in proposed capital projects...

Corruption4 days ago

Breaking The Law: Nigeria’s Finance Ministry Routes Over ₦208 Million in IMF, World Bank Travel Payments Through Single Beneficiary Mariam Lawal

Secrets Reporters A review of official government payment records by SecretsReporters has uncovered more than ₦208 million in Federal Ministry...

Special Report4 days ago

SPECIAL REPORT: Ebonyi Governor Nwifuru Release N7.3 Billion To Purchase Vehicles, Zero Kobo Released For Hospitals

Secrets Reporters For residents of many rural communities in Ebonyi State, falling sick often means confronting a healthcare system already...

Corruption1 week ago

Crimes series: How Former NNPC Boss Bala Wunti-Led NAPIMS’ Paid ₦1.27bn As Investment To A Questionable Company Bypassing Presidential Approval

Secrets Reporters Documents obtained by SecretsReporters have raised questions over a ₦1,270,826,725 investment made by the National Petroleum Investment Management...

Education1 week ago

UNIZIK inaugurates Afreximbank-backed trade research centre to advance AfCFTA

The Nnamdi Azikiwe University, Awka, has inaugurated the Prof. Ngozi Egbuna International Centre for Regional Integration and Trade Research, an...

General News2 weeks ago

Army Builds Schools, Town Halls as Questions Grow Over Nigeria’s Deepening Security Crisis

Secrets Reporters As Nigeria continues to battle kidnappings, banditry, insurgency and violent attacks across several states, the Nigerian Army has...

General News2 weeks ago

Emem Usoro Scandal: Journalist Stanley Ugagbe Remanded in Kuje Prison Over Cybercrime Charges

Secrets Reporters Journalist Stanley Ugagbe has been remanded at the Kuje Correctional Centre by the Federal High Court in Abuja...

Scandals2 weeks ago

Fresh Transparency Concerns Rock NUPRC as Stakeholders Demand Forensic Audit of 2025 Oil Licensing Round

Secrets Reporters Fresh concerns have emerged over the integrity of Nigeria’s 2025 oil and gas licensing exercise, with industry stakeholders...

General News2 weeks ago

ICPC Probes News Agency of Nigeria Over Alleged Recruitment Irregularities After Secrets Reporters Expose

SecretsReporters The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has commenced an investigation into alleged recruitment irregularities at...

General News2 weeks ago

While David Umahi Walks Free Of Homicide, Police File Six-Count Charge Against Fejiro Oliver And Ugagbe Over Reports on CBN Deputy Governor Emem Usoro

Secrets Reporters The Nigeria Police Force has filed a six-count criminal charge before the Federal High Court in Abuja against...

General News2 weeks ago

Again Police Detain Journalist Stanley Ugagbe Ahead of Secret Planned Federal High Court Arraignment On Orders of CBN Deputy Governor Emem Usoro

Secrets Reporters Information reaching SecretsReporters from a credible source has revealed that a senior reporter with SecretsReporters, Stanley Ugagbe, has...

General News2 weeks ago

Sabotage, Corruption, Tribalism and Financial Recklessness Rocks Akwa-Ibom NSCDC Boss, Geraldine Abetianbe

Secrets Reporters‎‎The Nigeria Security and Civil Defence Corps, NSCDC, Akwa Ibom State Command is in turmoil following a string of...

Scandals2 weeks ago

The Tax That Vanished: ₦262.1m Payment Into Personal Account, ₦192.4m Withholding Tax Shortfall Rocks NNPC Bala Wunti-Led NAPIMS

Secrets Reporters Federal auditors are currently in awe at how tax deductions and payment procedures at the National Petroleum Investment...

General News3 weeks ago

3 Nigerian journalists harassed with detention, summons, punitive bail conditions

The Committee to Protect Journalists calls on Nigerian authorities to stop harassing journalists, following the detention of journalist Zainab Sodiq...

Boardroom Scandals3 weeks ago

Exclusive: Nigerian Police Packs Treasury ₦1.09 Billion As Full Payment To New Company Against Procurement Law

Secrets Reporters A review of federal treasury payment records has revealed that the Nigeria Police Force, through its Police Formations...

Boardroom Scandals3 weeks ago

NLNG General Manager By Day, Trackion Energy Limited Director By Night: How Sophia Horsfall Violate Laws Of The Federal Republic Of Nigeria

Secrets Reporters Sophia Horsfall, the general manager of external relations and sustainable development at Nigeria’s Liquefied Natural Gas (NLNG), has...

Editorial3 weeks ago

Editorial: Democracy Dies in Secret Detention; Why Nigeria Must End the Culture of Unannounced Arrests

A democracy governed by the rule of law cannot permit citizens to vanish without explanation. Yet, in Nigeria, a disturbing...

General News3 weeks ago

Nigerian Government Accuses Secrets Reporters Publisher Fejiro Oliver of Espionage, Invites Him For Questioning Days After Kidnapping Its Reporter

Secrets Reporters The Nigeria Police Force National Cybercrime Centre (NPF-NCCC) has invited the Publisher and Editor-in-Chief of Secrets Reporters, Mr....

Support Independent News