Stanchart Lay-offs Standard Chartered bank forced to recall sacked workers

Some workers who were affected by the exercise dragged the bank to court over the package being offered to them.

  • Published:
The bank ignored a court order to suspended the redundancy exercise following which contempt charges were filed against Kweku Bedu-Addo , CEO of the bank, and Rosie Ebe-Arthur, Human Resource Manager of the bank. play

The bank ignored a court order to suspended the redundancy exercise following which contempt charges were filed against Kweku Bedu-Addo, CEO of the bank, and Rosie Ebe-Arthur, Human Resource Manager of the bank.

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Management of Standard Chartered bank has recalled workers who were due to be laid off after an Accra High Court cited the bank's CEO and Human Resource Manager for contempt.

Lawyer for the plaintiffs,  Prince Fredrick Nii Ashie Neequaye, confirmed the latest development in an interview with Citi FM.

“The bank has written letters to withdraw the letter dated 29 February, 2016 for which they were held in contempt of. I have received a copy and all the letters that were meant for my clients; that is the 10 plaintiffs, have been delivered,” he said.

The bank ignored a court order to suspend the redundancy exercise following which contempt charges were filed against Kweku Bedu-Addo, CEO of the bank, and Rosie Ebe-Arthur, Human Resource Manager of the bank.

The two are to pay GHC20,000 or risk servicing a 21-day term in jail before the next hearing.

Some workers who were affected by the exercise dragged the bank to court over the package being offered to them.

The court held that the CEO and the HR woefully failed to obey an interlocutory injunction filed by the plaintiffs restraining them to implement an MoU its signed with the union of industry, commerce and finance workers who negotiated on behalf of the workers.

According to the writ filed by the workers, the said MoU signed on their behalf is fraudulent and does not have the requisite mandate and input.

They contend that the deal will see the workers lose about half of their entitlement due them following the number of years they have worked in the bank.

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