Ex-UT, Capital bank staff in despair; set to petition Akufo-Addo

The formal staff of defunct UT and Capital bank have indicated they will be presenting a petition to President Akufo-Addo over issues of their unpaid severance packages.

Spokesperson of the group, Raymond Addai Dunkwa said, “We have agreed on a percentage of our monthly earnings to be paid, however, the receiver till now has not come out with a clear plan on how we are going to get our package.

We want to call on the government which we believe will listen to us and hopefully we shall present our petition to the President this week,” he said.

“Our current plight of despair, joblessness, anxieties, pain and discomfort emanates from the direct action of Bank of Ghana and by extension the government to practically liquidate our banks,

In taking these decisions, were our plight and that of our dependents not considered?”

According to them, the receiver of the two banks, thus PriceWaterhouseCoopers promised to pay their entitlement a few months ago when engaged by their union, UNICOF.

“As per the Joint Receivers’ letter dated 15th January 2018, an agreement was reached with UNICEF; our representatives to pay all staff of these defunct banks an Exit Package. However, nothing has been paid to staff,” the group at a press conference in Accra.

After eight months of talks among the stakeholders, the formal staff are yet to receive their benefits.

To this end, the about 150 members of the group have vowed to seek the intervention of the President.

The group is also calling for a review of the law governing liquidation in the country because the current law leaves employees vulnerable.


Source: JoyBusiness

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