The Alex Otti led financial institutions; Diamond bank is enmeshed in waters of trouble.
Digging has it that the bank is plagued with low patronage and that has made it impossible for the management to pay staffers salary for over three months. Finding has it that the development has degenerated to the point that the managing director and other members of the Diamond bank board concluded to downsize work force. This led to over 2000 workers on been sacked on Monday this week. .
Confirmed sources divulged that the aggrieved sacked staffs threw caution to the air today, Wednesday on stormed the bank head quarters on the island and protested the management’s decision.
One of the aggrieved staffs who craved anonymity revealed that he has spent over five years in the bank and without prior notice was sent home on money.
‘It was a surprise, i resumed as usual on Monday only to met people at the office gates. It was posted on a board outside that some members of staffs should report to the head office immediately and my name was included. On getting to the HQ, we were asked to go home that our services are no longer needed. It was included in the letter that out entitlement will be calculated and sent to us by the end of the month. This is cruel!’ he revealed
Efforts to speak with top executives of the public relation agency, TPT handling the account of the bank proof abortive as none responded to both calls and sms put across.