Former Crane bank employees petition the speaker over wrongful dismissal
Former employees of the defunct Crane bank are to petition the speaker of parliament Rebecca Alitwala Kadaga calling for the intervention of parliament into their demands for Shs 48 bn from Bank of Uganda for wrongful dismissal.
Until October 26, 2016, the group was being employed by Crane bank before Bank of Uganda (BoU) took over Crane bank on grounds that it was incapacitated and would pose a systematic risk to the stability of the country’s financial system.
Through their lawyer Isaac Semakadde Kimaze, they want the speaker and the parliamentary committee on Commissions, Statutory Authorities and State Enterprises (COSASE) to add their voice to their demands that they be compensated for the mental anguish as well as damage to their reputation and finances as a result of alleged breach of contract by Bank of Uganda after Crane bank was taken over by DFCU.
They argue that during the takeover process, BoU acted in bad faith, and in breach of its duties under the constitution and the law in as far as the protecting employees’ rights are concerned.