FDH Bank has appealed an Industrial Relations Court (IRC) ruling that the bank should pay compensation and severance benefits to 212 employees it fired in 2016.
The employees were fired on redundancy grounds following the merging of the bank and the then government-owned Malawi Savings Bank.
The retrenched workers then sued the bank at the IRC whose ruling came in their favour.
According to a notice of appeal which we have seen, the bank is not satisfied with all the eight grounds that led to the conclusion that the bank should pay the retrenched employees.
Source:Times