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Published On: Mon, May 18th, 2015

Keyamo Sues First Bank for N100b over Termination of Staff Employment

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LAGOS MAY 18TH (URHOBOTODAY)-Former Staff of First Bank of Nigeria Limited has filed a N100 billion naira suit against the bank following his indefinite suspension and termination from duty without adherence to the strict provision of employment law and international practices.
The suit which was filed by Festus Keyamo Chambers on behalf of its client, Mr. Tennyson Ikpi at the National Industrial Court sitting at Awka with suit No: NICN/AWK/13/2015, prayed the Court to award the sum of N100 billion (One Hundred Billion Naira) against First Bank of Nigeria for damages suffered by him, as a result of his unlawful action.

It was stated in the suit that Tennyson Ikpi was a former staff of United Bank for Africa (UBA) from 2004 – 2008 and Keystone Bank Limited (formerly known as Bank PHB) from 2008 till 31st August, 2012, where he rose to the position of a Branch Manager.
It was said that sometime in August 2012, their client received an offer letter from the First Bank of Nigeria, due to his vast and intimidating banking experience and impeccable track record.
Consequent upon the offer from First Bank of Nigeria, their client, Mr. Tennyson Ikpi on August 31st, 2012 tendered his resignation to Keystone Bank Limited (formerly known as Bank PHB).
The suit stated that, “Few weeks after his resignation, Mr. Ikpi received a letter from First Bank of Nigeria Ltd abruptly suspending his employment on ground of a spurious and unfounded allegation against him on the pages of some Newspapers by an individual who had a personal acrimony with him over a court case.
“And after keeping him in the dark without the payment of his salaries for 6 (Six) months without any hearing or judgment from any court of law in Nigeria, First Bank of Nigeria terminated the employment of Mr. Ikpi, a decision which he strongly believes violates his constitutional right to fair hearing.
In the suit, Mr. Ikpi upon this prayed the Court to award the sum of N100 billion (One Hundred Billion Naira) against First Bank of Nigeria Limited for damages suffered by him, as a result of its unlawful action.

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