Wrongfully dismissed New Building Society (NBS) Manager Maurice Arjoon, was yesterday awarded just over $79M, which the Society owes him for loss of earnings, severance and pension benefits plus interest.
In his suit against the bank for wrongful dismissal, Justice Brassington Reynolds on Monday ruled in Arjoon’s favour, and found that he is entitled to recover all benefits that were lost as a result of the dismissal.
Following the court’s computation from estimates submitted by Arjoon’s lawyers, Senior Counsel Edward Luckhoo and attorney for the bank, Senior Counsel Ashton Chase, a total of $79,282,801 was yesterday awarded to Arjoon.