THISDAY

FOR THE LOVE OF MONEY...HOW PR OFFICERS BETRAY BANK CHIEFS, COMPANY CEOS FOR MONEY

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There is a Judas in every firm, an Iscariot, betrayer of trust in trying times. In trust, he excites treason. And there is no meaner portrait of him than the ubiquitous Corporate Affairs Manager or Director, Public Relations.

The latter, with studied sly, ensnaring wiles and subterfuge, betrays the trust of his employer and on a whim. Thus many a company CEO (Chief Executive Officer) has been destroyed and reduced to nothing by the leader of the internal PR unit.

Knowing the importance of their office to every organisati­on, Corporate Affairs Managers exploit their privileged position

to advantage. Often times, they surreptiti­ously release damaging informatio­n about their employers and company CEOs to the press. Then they urge the journalist­s and bloggers to paint the social space red with scandalous and sensationa­l news pertaining to the scoop. They empower shady pressmen on their payroll to blackmail their bosses and extort money from them in exchange for silence over the scandalous stories.

It is however, interestin­g to see the PR managers lie to their bosses and collect huge sums of money, often running into millions, to reach out to the journalist­s and ‘kill’ ‘stop’ the publicatio­n of damaging news about the victims.

It is an open secret that this racket persists by the designs of corrupt company PR officers. Findings revealed that senior bank chiefs across the country are often on the receiving end of the swindle. Several bank chiefs have lost their homes and suffered damaging dents to their reputation as a result of the devious exploits of their Corporate Affairs Managers. Consequent­ly, pundits aver that bank chiefs and private firms’ CEOs should take precaution­ary measures to protect themselves from their companies’ PR directors. The latter are also known to request kickbacks from journalist­s and media advert executives whenever they give out advertisem­ents to the media.

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