Connect with us

Boardroom Scandals

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

Published

on

Spread the love

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.

Latest

Special Report15 hours ago

Special Report: How Charles Odii, Appointed SMEDAN DG At 35 Years on Seyi Tinubu’s Recommendation, Presided Over ₦9.75 Billion in Questionable Spending in His First Ten Weeks

Spread the loveSecrets Reporters Charles Odii was 35 years old when President Bola Tinubu approved his appointment as Director General...

Metro21 hours ago

Surveyor-General Oladele Ewulo Faces Questions Over Alleged Fake Certificates of Occupancy and Survey Irregularities in Ogun Land Deals

Spread the loveSecrets Reporters   The integrity of land administration in Ogun State has come under renewed scrutiny following allegations...

Africa’s Richest Woman Folorunsho Alakija Africa’s Richest Woman Folorunsho Alakija
Boardroom Scandals21 hours ago

Exclusive: Africa’s Richest Woman Folorunsho Alakija’s FAMFA Oil Illegally Kept a $200 Million Private Jet Fleet in Nigeria for Over a Decade While Owing N8.85 Billion in Unpaid Customs Duty

Spread the loveSecrets Reporters   A SecretsReporters investigation can reveal that FAMFA Oil Limited, the company that made Folorunsho Alakija...

Metro2 days ago

DIG Fayoade Mustapha Adegoke Under Fire as Zone 2 Petitions Allege Police Inaction in Ogun Land Fraud and Intimidation Cases

Spread the loveSecrets Reporters A series of formal petitions lodged with the Nigeria Police Force Zone 2 Command Headquarters in...

Investigation2 days ago

Investigation: SEEPCO’s Anthony Chukwueke Was the FG Regulator Sacked in 2007 for Improperly Awarding Oil Licenses and Is Now Chairman of the Company That Walked Away With Nigeria’s Richest Well – Part One

Spread the loveSecrets Reporters  A SecretsReporters investigation can reveal that the man now chairing Sterling Oil Exploration & Energy Production...

Corruption2 days ago

Exclusive: Niger Delta Suffers While MDGIF Director Oluwole Adama Hides N12.9 Billion Natural Gas Fund

Spread the loveSecrets Reporters   The Executive Director of Midstream and Downstream Gas Infrastructure Fund (MDGIF), Mr Oluwoke Adama has...

Metro3 days ago

CBN Deputy Governor Emem Usoro Who Was Side Chic To A Married Man Accused Of Watching Him Take His Last Breath, Buried Him Alone And Took His Death Certificate From His Wife

Spread the loveSecrets Reporters A formal petition delivered to President Bola Tinubu has accused Emem Nnana Usoro, Deputy Governor of...

Corruption3 days ago

Stolen funds? ₦76 Billion Paid Out To Non Existing Poor Nigerians By Bola Tinubu Government Through Nigeria’s Cash Transfer Programme

Spread the loveSecrets Reporters In January 2024, President Bola Tinubu suspended Halima Shehu, then Chief Executive Officer of the National...

Corruption3 days ago

RCICA Lagos: ₦303 Million Assets Uninsured, ₦7.7m Payments Tied to Regulatory Breaches Under the Leadership Of Wilfred Ikatari

Spread the loveSecrets Reporters   At the Regional Centre for International Commercial Arbitration (RCICA), Lagos, a review of its financial...

Corruption4 days ago

How Ahmed Bolaji Nagode’s Led NAPTIN Swallowed ₦2.77 Billion in Public Fees That Never Reached Nigeria’s Treasury

Spread the loveSecrets Reporters The National Power Training Institute of Nigeria (NAPTIN) trains the engineers and technicians who keep the...

Politics4 days ago

Less Than Four Months to 2027 Election, Sagitarian Law Firm Asks EFCC to Reopen, Prosecute Atiku Over 2006 Financial Crimes Case

Spread the loveSecrets Reporters   A legal firm, Sagitarian Law Firm, has asked the Economic and Financial Crimes Commission (EFCC)...

Corruption4 days ago

Exclusive: Nigeria’s Longest-Serving Lawmaker Nicholas Mutu Buys N1.4 Billion Buckhead, Atlanta House After 27 Unbroken Years in Nigeria’s House of Representatives

Spread the loveSecretsReporters A four-bedroom, five-bathroom townhome in one of Atlanta’s most prestigious addresses is registered to a Nicholas Mutu,...

Corruption5 days ago

Under NEPAD Nigeria, DG Princess Gloria Akobundu Hid N12 Billion By Not Keeping Proper Accounting Records At All

Spread the loveSecrets Reporters The New Partnership for Africa’s Development, now operating as AUDA-NEPAD, represents Nigeria’s arm of a continental...

Contract Fraud5 days ago

Exclusive: How SMEDAN DG, Charles Odi Who Was Nominated By Seyi Tinubu Mismanaged ₦1.97 Billion

Spread the loveSecrets Reporters The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) exists to help the country’s small...

Corruption5 days ago

Fed Min Of Industry, Trade & Investment Records N3.07bn in Questioned Transactions as Funds Are Misapplied, Payments Bypass Controls

Spread the loveSecrets Reporters   Amid the intricate paper trail of government finance, millions of naira moved through the Federal...

Contract Fraud5 days ago

Exclusive: No National Population Census Since 2006, Yet Agency Chairman Nasir Isa Kwarra Said He Spent ₦240 Billion To Count Nigerians

Spread the loveSecrets Reporters Nigeria has not conducted a national census since 2006. For nearly two decades, the National Population...

General News6 days ago

Friends, associates gather to celebrate MB Anugwa’ graduation from National Defence College Abuja

Spread the loveSecrets Reporters It was a moment of liveliness and celebration as friends, family members and associates of Controller...

Executive Secretary and Chief Executive Officer Daniel Asapokhai Executive Secretary and Chief Executive Officer Daniel Asapokhai
Corruption6 days ago

Former FRC CEO, Daniel Asapokhai Questioned for N138.7 Million in Unremitted Surplus, Unapproved Legal Fees and Foreign Trips While in Office

Spread the loveSecrets Reporters In a detailed indictment contained in the Auditor-General for the Federation’s Annual Report on Non-Compliance and...

Chief Registrar, Habu Yerima Saleh Chief Registrar, Habu Yerima Saleh
Corruption6 days ago

Investment and Securities Tribunal’s N18 Million Black Hole Under Chief Registrar Habu Yerima Saleh: Unvouched Payments, Extra-Budgetary Spending and Silence from Management

Spread the loveSecrets Reporters A quieter but equally troubling set of findings have revealed non-compliance and internal control weaknesses at...

Boardroom Scandals6 days ago

₦1.37 Trillion Unrecovered: The Auditor General’s Report That Put Governor Yemi Cardoso Central Bank On Trial

Spread the loveSecrets Reporters The Central Bank of Nigeria is supposed to be the guardian of the nation’s monetary integrity,...


Support Independent News