Reps orders Mainstream bank to reinstate sacked workers

Channels Television  
Updated February 21, 2012

The house of representatives has directed the management of Mainstreet bank, to reinstate 41 union members that were sacked by the bank.

The Chairman of the House Committee on legislative compliance, Moruf Akinderu-Fatai gave this directive when the management of the bank appeared before it in Abuja.

The Regional Manager of the bank in charge of Abuja, Dauda Momoh, had informed the committee that the bank cannot absorb the staff.
According to him, Afribank that was the original employer of the sacked workers has been liquidated and Mainstreet bank has no legal obligation to reemploy them.

He said the new management of the Mainstreet bank was appointed by the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Company (NDIC) and that the sacked union members were not part of the liabilities the bank acquired.

The lawmakers in the committee rejected Mr Momoh’s explanation and gave the order that the bank reinstate the sacked workers.