NEWS: Radix Pension To Pay Ex-MD N57m, $21,000, Court Rules

Radix Pension To Pay Ex-MD N57m, $21,000, Court Rules

The National Industrial Court sitting in Ikoyi, Lagos, has ordered Radix Pension Managers Ltd to pay its ex-managing director, Kunle Adeboye, a total package of N57 million and $21,000, over its inability to pay the claimant’s entitled severance packages, backlog of salaries and arrears, among others.

In a judgement paper sighted by LEADERSHIP, the company will now pay it ex-boss: N15 million for Status car prorated over three years; N25.8 million severance pay; N3 million economy…

>

Leave a Reply

Your email address will not be published. Required fields are marked *