Union Bank Still Owing Us Seven Years’ Benefits — Former Employees Lament

Former workers at Union Homes, Savings and Loans have lamented the non-payment of the termination advantages by Union Bank PLC.

While talking with SaharaReporters, one of many victims, a lady defined how the refusal of fee by Union Bank had resulted within the lack of lives of about 37 individuals whereas others, together with she, with well being circumstances, are at the moment struggling to outlive.

Union Bank Still Owing Us Seven Years’ Benefits — Former Employees Lament 2

According to her, Union Bank terminated the appointment of workers members at Union Homes Savings and Loans because the latter is a subsidiary of Union Bank.

She defined that after a number of consultations, Union Bank agreed to pay the laid-off workers of Union Homes the termination advantages.

She, nonetheless, alleged that the administration of the financial institution has gone again on its phrases, thereby making life insufferable for the retrenched workers who had discovered it tough to enterprise into the enterprise of their selection.

She pleaded with Union Bank PLC to contemplate the Transaction Implementation Agreement it signed agreeing to pay the workers of Union Homes their termination advantages.

The distraught lady mentioned she is a widow and a diabetes affected person who pays quite a bit to purchase her medication with two kids within the greater establishment of studying.

She mentioned, “I am a former staff of Union Homes. Union Bank signed our termination letter, they were the ones that took over the management of Union Homes and their staff, Princewill Abumere and Kunle Owode, signed our termination letter.

“Union Homes is a subsidiary of Union Bank, what they did first was to change the operations to Union Bank, the logo and everything. In the TIA they signed then, Union Bank agreed to pay the staff our entitlement, now they are trading blames.

“I personally have health challenges and they are holding our money. I am a widow of 14 years, with no one to help my children. My children are in the University, I don’t want my daughter to go into prostitution in school. I am a widow and a diabetic patient, buying insulin N4,500 which I use regularly. No job, nothing, one can’t do anything meaningful because they are holding our money.

“They have put us in so much hardship and our colleagues are dying. I have been diabetic for over 20 years, I depend on Insulin. They just sacked us without paying us our entitlement. Help us plead with Union Bank to pay us and keep to the agreement in the TIA.”

Another affected individual mentioned, “Union Bank took over Union Homes and agreed to pay us, even my letter of termination was signed by Union Bank staff: Princewill Abumere and Kunle Owode. In agreement, Union Bank said they will pay the compulsorily retired staff but they haven’t till now.

“All court orders compelling Union Bank to pay has not yielded anything positive and Union Bank had signed, in their agreement before, that they will pay us, so this is what we have been suffering. Union Bank is holding our money now. They are just directing us here and there.”

One of the affected individuals additionally defined to SaharaReporters that as of 2012, 2013 and 2014, over 500 workers members of Union Homes have been retrenched with out being paid any terminal advantages.

He mentioned there had been a number of consultations and conferences over the fee plan however none of that had yielded constructive outcomes.

According to him, a minimum of 37 affected individuals have died as a result of incapacity to lift funds for healthcare as he referred to as on Union Bank to make sure a speedy look into the plights of affected individuals.

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Union Bank Still Owing Us Seven Years’ Benefits — Former Employees Lament

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