Standard Bank has to pay a former employee R1.7 million for unfair dismissing her in December 2023. (Gallo Images/Brendan Croft)
The Commission for Conciliation, Mediation and Arbitration (CCMA) has ordered Standard Bank to pay almost R1.7 million in compensation to a former employee it concluded was fired over a string of unsubstantiated claims, ranging from racism to harassment.
In a damning ruling, senior CCMA commissioner Eleanor Hambidge awarded the bank’s former global markets compliance head, Christine Lawson, nine months’ salary after it fired her on 19 December 2023.
She also found the investigation into Lawson to be “materially flawed” as it was based on unsubstantiated allegations by several of her colleagues, all of whom either had their testimony disregarded or described as dishonest.
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we’re about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.