The Institute of Financial Services Practitioners (IFSP) will host an online course that will help professionals across Malta’s financial services industr
Former Public Broadcasting Services CEO John Bundy has been awarded over €226,000 in compensation after winning an unfair dismissal claim against the state broadcaster.
Bundy had taken his grievance before the Industrial Tribunal, claiming that he had only learnt about the unanimous vote of no confidence, taken against him at a directors’ meeting one year into his five-year contract as CEO, through media reports.
Although his termination letter subsequently listed a number of alleged shortcomings, an internal investigation conducted by private firm RSM was only kick-started when the vote of no confidence had been taken.
When delivering judgment on Tuesday, Tribunal chairperson Doreen Parnis stated that the “greatest anomaly” stemmed from the fact that the employee had never been given the chance of facing proper disciplinary proceedings, but had been fired on the basis of a vote of no confidence, taken two months before an internal investigation had even started.