The firm was on March 9, served with court processes and ex-parte Interim Order of the Hon Justice C. J. Aneke of the Federal High Court, Lagos, Nigeria, restraining Brown from participating in the running of the Company for a period of seven days.
“There was no mass sack or forced retirement, as claimed. The individuals listed in furtherance of this allegation were eight in number and they left the Company between 2020 and 2022. The exits resulted from a) an Organisational restructure approved by the Board and communicated to staff on 12th October 2020, and b) such individual’s willing resignation/early retirement,” the document reads.
“Imbalanced performance assessment and outcome for staff working within the same performance/job group level. “The review of the performance appraisal process was led by the Company’s HR department. At the end of the review process, two options were presented to the Senior Leadership Team for consideration. The SLT is composed of the senior leaders of the Company and is the highest decision-making body of the Company after Board members.
According to Seplat, the 3-point scale of Outstanding/Strong/Average mirrors what is obtainable in the market, adding that most companies in the market in which Seplat operates, use variants of this methodology. “The Company has 515 employees under a regular and direct contract of employment. 24 out of the 515-employee population are non-nationals. It is a legitimate, objective and balanced outcome to have one non-national employee in the bucket of “Average” rating . This correlates to 4percent when compared to the overall employee population distribution spread.
Also in rebutting the alleged under-performance of certain foreign Employees and/or whose retirement was blocked by the CEO, the company said: “There are clear and irrefutable records that show the complete falsehood of the underperformance alleged against certain employees who were singled out in the Petition in this area. As highlighted above, the employee in question has not attained the UK maximum retirement age and was not in the bucket of “Average” performance rating.
It said in the document that, “Seplat London is a small office that was set up after the Company’s public listing to lead activities concerning Seplat’s listing on the London Stock Exchange and enable Seplat to access key financial, legal and other support services as required. It is instructive to note that London is one of the leading financial hubs in the world and the Seplat London office operates as the financial center for managing the group’s equity, debt and liquidity.
Pls what diz nonsense have to do with the f*cking presidential election
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: GuardianNigeria - 🏆 1. / 94 Read more »