NON-PAYMENT OF DIVIDENDS

Grameen Telecom asked to show cause in 8 cases

Staff Correspondent | Published: 00:33, Apr 23,2018 | Updated: 00:50, Apr 23,2018

 
 

The Dhaka Labour Court-3 on Sunday issued a notice to show cause notice to Grameen Telecom asking it to explain why the company should not be prevented from taking action against its employees, who have accused it of non-payment of dividends.
The court passed the order after hearing petitions from eight GT employees who filed separate lawsuits against their employer on February 25.
The petitioners’ lawyer Gobinda Biswas said his clients were fearful that they might face job termination as their move
had infuriated their employer.
In another order, the same court granted GT more time to respond in 11 other lawsuits filed last year.
Labour court initiated trial by asking the accused to respond to the allegations that had been made against them.
Earlier, the court gave GT fifteen days that expired on Sunday to respond in the 11 lawsuits.
The GT faces 79 lawsuits for not sharing dividends with its employees between 2006 and 2015.
The lawsuits were filed since October last year, and the complainants in all but 14 cases are current employees.
In 2016, it came to the government’s notice that Grameen Telecom had flouted the labour act by not sharing its profits, worth about Tk 2,150 crore it had made in 10 years since 2006, with its employees.
The labour law requires companies to share 5 per cent of their annual profits with their workers and the government. 

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