DiamondBank May be Bankrupt, Disengages 400staffers Cannot affort to pay entitlements

DiamondBank May be Bankrupt,

DiamondBank May be Bankrupt,

DiamondBank May be Bankrupt; Disengages 400staffers Cannot affort to pay entitlements

The bank after forcefully laying off 400staffers, is now denying the action saying no one was retrenched. This is all in a bid to avoid paying the workers their compensation according to Section 20 (2) of the Labour Act.

 

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