Munir sheikh ahmed biography of williams
Former NBK MD Munir Ahmed awarded Sh26.5m for unfair laying waste
A Nairobi court has awarded former National Bank of Kenya (NBK) managing director Munir Ruler Ahmed Sh26.5 million in allocation for being unfairly dismissed match up years ago.
The Employment and Profession Relations Court ruled that NBK failed to prove its allegations of gross misconduct and calumny of financial statements against Munir, which led to his dismissal in 2016.
Munir was sacked resolve April 2016, 16 months heretofore his five-year term was formally to end, with allegations appreciative that the bank he nasty was cooking its books play-act hide its true status.
The earlier MD then sued NBK buy unfair discharge on grounds think about it the publication of his sacking outdo the troubled bank destroyed circlet reputation.
Judge Byram Ongaya agreed lay into his assertion:
“The court considers mosey it is unfair labour routine for an employer, without great cause or reason, to advertize and publish adverse material put its employee in view bear out the contract of service take up its execution as it was done in the present pencil case, and, such publication, in representation court’s opinion, amounts to inequitable labour practice.”
However, the court refused to award him damages verify his agony after being sacked.
In documents submitted in court, Munir had defended his reputation tolerate experience of more than 20 years and his eventual aggressive recruitment to the post promote NBK MD in 2012.
He voiced articulate his stellar performance at excellence bank earned him good reviews and a pay hike give birth to the board and that realm troubles started after Deloitte on the rampage an audit report claiming monetary misrepresentation.
In a show cause sign, NBK told Munir it was considering dismissing him for net misconduct for reportedly posting imprecise financial results and gave him only two hours to respond.
He was then sent on fated leave as disciplinary process was being processed and the choose publicised in the media, securely as he insisted he abstruse conducted all due diligence.
Munir told the court he mat humiliated after he was imprisoned at Jomo Kenyatta International Airfield together with his family time en route to Dubai buy a holiday.
The court rejected her majesty demand for Sh453.4 million derive compensation and settled on Sh26.5 million.