Bank collapse: ICU gears up for battle in defence of affected workers

The Industrial Commercial Workers Union is lacing its boots for a full defence of hundreds of workers who have lost their jobs in the current banking crisis.

Head of the Union, Solomon Kotei told Joy News the ICU will be offering “pro-bono” services in court for the workers who voluntarily agree for the union to fight on their behalf.

“By this action we have given all of them forms to fill. Some have done it others have not done it. You cannot go to court in some one’s name. You cannot go in defence of somebody who has not given you the mandate to do so.

“Until they enroll ICU or any union of their choice it will be difficult for any national union to jump into the train and say we are in and coming to your defence,” he said.

According to him, his outfit has spoken to the Receiver as well as the officials of the Consolidated Bank and communicated their intention to fight on behalf of the affected workers.

His comments come in the wake of reports suggesting some 700 workers of the defunct Beige Bank have lost their jobs shortly after their bank was collapsed together with four others and later merged into the Consolidated Ghana Bank.

The dismissal of the 700 has led to growing insecurity and uncertainty among thousands of the workers absorbed by the newly established Consolidated Bank.

Shortly after the takeover of the UniBank, Royal, Sovereign, Construction and the Beige banks the workers were told to wait 60 days to know whether they will still have their jobs.

With few days more to go for the supposed 60 days some workers of the banks have already lost their jobs.

The Employment Committee of Parliament is therefore demanding the immediate payment of their severance packages by the Bank of Ghana.

Ranking member on the committee, Dr. Kwabena Donkor told Joy News’ Elton Brobbey, the central bank has simply ignored the plight of the workers in the actions it took against the banks.

He also accused the Trade Union congress of lack of leadership in ensuring the workers are protected.

“The new bank [Consolidated Bank] is a new entity so the contract of employment was with the other five banks. If the contract of employment has been terminated, the least we can do is to pay their severance packages,” he said.

He said the right thing for the Bank of Ghana to do is to ensure the severance packages of the workers are paid.

According to him, if the severance packages of workers of UT and Capital Banks have not been paid, a year after their banks were taken over there is a possibility the packages of the affected workers of the five banks will not be paid.

Dr Donkor said the workers are bread winners in their families and are entitled to get their severance.

“It is not a favour. It is their right,” he said.

 

Source: Myjoyonline.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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