ã€€By Victor Ahiuma-Young
LAGOS â€” HUNDREDS of former staff of Union Bank of Nigeria, UBN Plc, yesterday picketed the Marina corporate headquarters of the bank over alleged non-payment of severance benefits after they were retrenched between 2006 and 2008.
Under the umbrella of Aggrieved Retired Senior Staff of Union Bank Plc, the ex-workers who laid siege to the bank as early as 7 am, said efforts to make the management of the bank saw reason and pay their benefits had not yielded any result.
But the management of Union Bank said the matter was in the court and as law-abiding corporate citizen, until the mater is disposed off, there is nothing it can do.
Executive Director, Resources, Mr. Ade Sonubi, however, who spoke for the bank, pleaded with the aggrieved ex-workers to give it more time to sort out the other grievances that were not subject to litigation.
The aggrieved former workers who displayed anti-management placards, said about 2,500 of them had been going through untold hardship due to non-payment of their benefits by the management of bank, adding that the bank was owing them about N3 billion..
National Co-ordinator of the former staff, Mr. Victor Adefisan, dismissed managementâ€™s claim that the matter is in the court, insisting that none of their members went to court.