On Tuesday, November 18, 2014, the Paradigm
posted on its blog site the report that the former Group Managing Director/CEO
of Diamond Bank Plc, Dr. Alex Otti OFR, has converted one of the
Bank’s properties located at Library Road, Umuahia, Abia State to his political
campaign office. The report also alleged that Dr. Otti “in cooperation with his
stooges in the bank” has laid conduits through which he siphons depositors’
funds to finance his gubernatorial campaign in Abia State. We have studied the
report, investigated the allegations and found it not only to be spurious but
also baseless and malicious.
To put the records straight we state the
following:-
1. Diamond Bank Plc is
not oblivious of its strategic value in the financial services sub-sector in
the country and the burden of responsibility reposed on its management, and
therefore, is focused on its core business of deposit mobilisation and credit
creation; the Bank is focused on its set goals to meet shareholders
expectations and create value for the millions of its customers across the six
geopolitical zones; and is not involved in politics in anyway.
2. As at the close of
business on the date the report was posted on the blog site, none of the Bank’s
over 265 branches in the country or any of its properties in Abia State and the
entire South East is under the control of its former GMD/CEO, Dr. Otti for his
political campaign or is being used as a campaign office by any other politician.
3. Much as freedom of
speech is a fundamental human right guaranteed by Law, good journalism entrusts
the writer with the burden of responsibility to cross check and validate his
information with verifiable facts. Diamond Bank Plc upholds the integrity of
journalistic truth and objectivity; and hope that this statement will serve to
clear the air about this misleading and malicious report posted on the blog.
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