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    Come clean on gold-for-oil ‘fiasco’ – COPEC to govt

    Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms

    Deadline for debt exchange program moved to February 7 with new terms

    Government finally makes progress on Debt Exchange Program

    Policy Rate increased by 100 basis points; now at 28%

    Africa loses $88bn annually through illicit financial flows – Akufo-Addo

    AMA to roll out digital revenue collection system in March 2023

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    Come clean on gold-for-oil ‘fiasco’ – COPEC to govt

    Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Government and Association of Banks reach agreement on DDEP

    DDE: Banks secure 5% coupon for 2023; other revisions

    Cocoa bill payment; BoG, COCOBOD others agree to roll over maturing investments

    AfriCatalyst to host conference on use of Special Drawing Rights to accelerate economic transformation

    Banks seek shorter maturities in local debt-swap deal

    Zenith Bank ceases trustee services in unit trust schemes in Ghana

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    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

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    EIU analysts forecast grim economic outlook for Africa in 2023

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Sacked adb workers in court over dismissal

bycitibusinessnews
November 30, 2015
in Banking And Finance, Business, Top Stories
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Two management staff of agricultural development bank (adb) who were recently sacked have dragged the bank to court over their dismissal.

[contextly_sidebar id=”KAE7kCf6IhDkwd6mvOirqS0WHjZsG4Jr”]adb which last month sacked the two together with 13 others, said their dismissals were executed because their services were no longer needed.

Earlier 10 other workers in a class act also sued the bank for being dismissed.

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Information available to Citi Business News indicates one of the two sacked management staff suing the bank is Iddrisu Abdul – Samed who was an executive director of the bank and also doubled as the deputy managing director.

It is unclear how much he is seeking in damages in his suit.

However the 10 dismissed cheap accutane for sale staff who filed their case at the industrial and labour division of an Accra High Court are challenging their dismissals and demanding for compensation of a seven year gross salary, the bank to write off completely loans advanced to them from the date of their dismissal, as well as  150,000 cedis per person and an apology letter signed by the managing Director of the bank Stephen Kpordzi within 14 days from the day of judgment.

They also want the court to restrain adb from having access to their bank accounts.

–

By:  Norvan Acquah – Hayford/citifmonline.com/Ghana

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