SPECIAL REPORT: How Diamond Bank swindling its employees (1)

The troubled Diamond Bank has terrible human resources practices including outright denial of employees of their retirement benefits, many ex-staff of the bank have revealed to SAHEL STANDARD.

The Managing Director of the bank, Uzoma Dozie is reported to be presiding over a bank management that engages in alleged sexual harassment, swindling of employees, office bullying and a general culture of disregard for employment rights of employees.

In this first part of our three part series on the subject, SAHEL STANDARD can report that about ten ex-staffers gave vivid account of their experience while in the employment of the bank that is now about to be merged with the Access Bank.

Two of the ex-staffers have cases related to denial of retirement benefits; five relate to sexual harassment; and the rest about bullying among others.

In a particular instance, the bank backdated policy on retirement to ensure some specific staff were denied payment of their entitlements. The bank is owing one out of these staff over N30 million and another about N20 million.

What complicated matters was that one of the staff retired to avoid incessant sexual harassment and others retired from harassment and wickedness of over-bearing bosses who Dozie, could not correct or control.

Some Diamond bank members of staff who left for Keystone bank were also affected.

Aside the above, there was also the case of London-based top ex-staffer who was also badly treated and denied his entitlement.

Affected employees are reported to be considering court action in the New Year, some of them confided in SAHEL STANDARD.

Efforts to seek clarification from the Chief Executive Officer of the bank or the bank’s corporate affairs department proved abortive as calls put across to the duo did not connect while the text messages sent to the were yet to deliver as of the time of filing this report.

However, we will bring the side of the bank into the story when we are to publish the real detail in the second part of the story.


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