A former Assistant General Manager (AGM), Technical of NICON Insurance Company Limited, Mr Sunday Akintunde, has filed a N492 million suit against the company over allegations bordering on backlog of unpaid salaries and other entitlements.
In an amended suit marked: NICN/ABJ/264/2023 filed at the National Industrial Court, Abuja, Akintunde prayed the court to declare that his former employer was in breach of the terms of the contract of employment with him.
The former staff, who said he had discharged his duties effectively and consistently from the time of his employment till the date of his disengagement on July 13, 2022, averred that his employment termination was unlawful and without any justifiable basis.
While Akintunde is the claimant in the suit filed by his lawyer, Mr. Noah Ajare, NICON Insurance Company Limited is the sole defendant.
Akintunde, in a statement of claim, alleged that the insurance company did not pay his six months backlog of salaries before the unlawful termination of his employment.
He also said that the firm was still holding among other things; his terminal benefit, the unremitted pension deducted from his salary for several months, and the mandatory employer’s contribution to his Pension Fund Account (PFA) for the period of over four years he worked with them.
The claimant said though he was not denying his obligation to pay back the N3, 099,401.88 net debt owed his former employer which NICON Insurance paid on his behalf while he was in its service, he said the organisation too should do a proper accounting of his entitlements and make provisions for all the financial benefits due to him.
He added that he was ready to schedule the payment of the net balance if any because he neither usurp on anyone’s right nor take over another person’s property.
He alleged that as soon as his employment was terminated, he was asked to return the N3, 099,401.88 or return his KIA Optima vehicle which NICON Insurance said he fraudulently absconded with.
