Fired BancABC managers expose ‘double standards’ o...

Fired BancABC managers expose ‘double standards’ of remaining bosses

NewZimbababwe.com -FIRED BancABC managers have alleged that the powers that be justified the decision to dismiss them unfairly for the same reasons which they are also mired, in what they believe are double standards.

The financial institution continues to make headlines following the move to dismiss 23 top executives over undisclosed misconduct. The dismissed managers claim they did not receive a decent ‘divorce’ package in the unilateral move by the employer.

Speaking to NewZimbabwe.com this week, the disgruntled ex-managers, who have vowed to keep fighting for their rights, alleged that many of them were chucked out for dubious conflict of interest allegations.

“One of the main reasons we were axed for was failure to declare details of our relatives also working for BancABC. In this instance practical and legal definitions of what constitutes a relative were violated in the witch hunting endeavor to the extent that without even verifying our birth certificates, the powers that be proceeded to charge us on such trivial grounds.

“But surprisingly, the remaining top managers have worked within the BancABC for decades despite the fact that we are in possession of evidence proving that they have their close relatives within that institution,” one of the ex-employees alleged.

An ex-manager alleged that some officers at the institution extended business contracts for various services to companies they have previously worked for.

“How do you justify contracting a law firm (name withheld) to do business for the company when one of your officials has previously worked for that same organization?

“Look, we have those details where such companies have even handled private transactions for fellow employees but are still allowed to do business for the organisation. Aren’t those the worst forms of violating conflict of interest?,” another fired manager said.

Another ex-manager alleged that during the hearings, the employer went to the extent of conniving with their legal representatives to push them to a losing edge.

“So imagine, even our lawyers ended up misrepresenting our instructions and agreeing to some issues which they never set down with us on and we suspect there was connivance with the company’s management to push us out,” he alleged.

The bank managers are also challenging the bank to make public the findings of a so-called audit report linking them to illicit dealings in the spirit of transparency and good corporate governance.

Efforts to get a comment on the cocktail of allegations were fruitless as the BancABC spokesperson Patience Musa did not respond to numerous phone calls and emails sent by our publication.