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DG National Lottery Regulatory Commission endorses Diamond SavingsXtra’s draw process

The transparency and efficiency embedded in the Diamond Bank’s Savingsxtra draw process has been commended by the National Lottery Regulatory Commission.

Speaking at the December Surprise Draw of the Savingsxtra reward campaign held in Lagos on December 30, 2009, the Director General of the commission, Mr. Peter Ighoh, who was represented by the Deputy Director (Regulation/Monitoring), Prince Emmanuel Jeminiwa, stated that the commission was impressed by the level of transparency and efficiency with which winners emerge in the draw.

“Having witnessed today’s draw, we can categorically say that the draw process was transparent, rigorous and efficient. We have seen the sincerity of purpose in what the Bank is doing and promise to customers, fulfilled”, he said.

He further maintained that part of the commission’s responsibility is to ensure that draws follow the guidelines as stipulated by the law adding that having witnessed the Bank’s draw process, he can say that it followed the rules.

“We will continue to support those who do the right things and as for Diamond Bank, we will advise your customers to continue to participate in the draws as there are equal opportunities for each of them. It is not easy to put together over 7million tickets, analyze them and electronically generate winners randomly”, he stated.

Also speaking during the draw was John Anyanwu, an auditor representing KPMG, who was there to oversee all the proceedings at the draw, stated that since the inception of the draw in 2008, Diamond Bank had remained consistent with the outlined rules and guidelines for the draw. “There is absolute transparency in the draws and I can assure everybody that all the results from the draws so far have remained credible and transparent.

I can equally testify that the draw held here today is in line with all the laid down procedures guiding this campaign.  All account holders of the Bank who are eligible to participate in this draw participated, and no customer was given undue advantage to emerge as a winner.  All winners emerged from a free and fair draw process today,” he stated.

For a customer to qualify to participate in Diamond Banks SavingsXtra campaign a customer is required to have a minimum balance of N5, 000 in his/her SavingsXtra account to stand a chance of winning. New customers, however, will be required to open a SavingsXtra account and starting maintaining a minimum balance of N5, 000 until the qualifying date for the draw which is the 28th of every month.
The SavingsXtra “Salary for Life” Season 2 campaign is a continuation of the Banks SavingsXtra campaign it launched last year to reward its customers.

The Bank made history in the first phase of the campaign when it gave away a whooping sum of N50 million to two of its customers as the star prize its campaign.

The SavingsXtra Season 2 is another ground breaking rewards scheme in which Diamond Bank pledged to pay a total of 24 lucky customers a sum of N100, 000 every month for the next 20 years


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