• How I stole N5.675m from Diamond Bank – Cleaner narrates

    How I stole N5.675m from Diamond Bank – Cleaner narrates

    A cleaner, Peter Oko, has narrated how he stole N5.675 million from the New Nyanya branch of Diamond Bank, where he worked.

    The 29 year-old stated that he took the keys to the vault, stole the money and hid it in a carton, which he took home after the close of work.

    The money was however recovered by the police, which said that the suspect had been charged to court.

    Oko said at the Nasarawa State Criminal Intelligence and Investigation Department in Lafia […]

  • Diamond Bank sacks 200 workers

    Diamond Bank sacks 200 workers

    Diamond Bank Plc has fired 200 members of its workforce as the economic challenges affecting the country continue to batter the financial services industry.

    This is coming two months after the bank announced that its profit before tax for the first quarter of this year fell to N6.04bn from the N7.94bn it recorded in the first quarter of 2015.

    The slowdown in the economy has fuelled a high non-performing loan rate in the banking system, causing banks to record sharp decline in […]

  • (Photo) Diamond Bank Employee gets arrested for allegedly defrauding bank N111.2Million

    (Photo) Diamond Bank Employee gets arrested for allegedly defrauding bank N111.2Million

    Report gathered that Justice Mohammed Yunusa of a Federal High Court, Lagos, on Thursday remanded a Diamond Bank employee, Obioha Okengwu, at Ikoyi Prisons for allegedly defrauding the bank of N111.2 million.

    The accused, a graduate of Abia State University, whose address was not given, is standing trial on a nine-count charge bordering on conspiracy and fraud.

    Prosecutor Effiong Asuquo told the court that the accused committed the offences between April and August 2014 in Lagos.

    He said the accused conspired with members […]

  • Police Narrates How Banker Transferred Customers’ Money To His family

    Police Narrates How Banker Transferred Customers’ Money To His family

    News report that the Special Fraud Unit (SFU) of the police on Thursday arraigned a Diamond Bank Plc worker, Obioha Okengwu, at the Federal High Court in Lagos for allegedly conspiring with his family members to defraud the bank of N111.2 million.

    Prosecution counsel, Effion Asuquo, said Okengwu committed the offence while working in the bank’s E-business unit where he handled daily settlement of Point of Sales (POS) and Automatic Teller Machine (ATM) transactions.

    He said the accused unlawfully credited four of […]

  • Diamond Bank apologizes to Abike Dabiri for erroneously naming her among chronic debtors

    Diamond Bank apologizes to Abike Dabiri for erroneously naming her among chronic debtors

    The management of Diamond Bank Plc. has apologized to former House of Representatives member, Abike Dabiri-Erewa for naming her as one of its chronic debtors.
    The bank had published the list of debtors following a Central Bank directive and had named Mrs Dabiri-Erewa as a Director of Thriller Endeavours Ltd, a company which was said to be owing N122 million.
    The former lawmaker denied the reports via Twitter and proceeded to sue both Diamond Bank and Punch Newspaper, which had put a […]

  • Abike Dabiri Slams N500m Suit On Diamond Bank

    Abike Dabiri Slams N500m Suit On Diamond Bank

    It was gathered that former House of Representatives member Abike Dabiri-Erewa, who represented Ikorodu Federal Constituency between 2003 and 2015 Thursday slammed a N500 milion libel suit on Diamond Bank Plc for maliciously publishing her name as one of the bank’s debtors.
    Joined as co-defendant in the ensuing legal warfare is The Punch Newspapers Limited.

    In an affidavit sworn to by Abike Dabiri-Erewa and filed before the court by a Lagos lawyer Adetokunbo Mumuni, the ex-lawmaker averred that on the 4th of […]