The Employment Tribunal has ruled in favour of a former Bank of Maldives (BML) employee, ordering reinstatement and a payment of MVR 600,000 as compensation.

In an appeal filed by a unit manager of the bank, the tribunal noted that BML could not provide sufficient evidence to support the claims made in relation to the termination.

BML maintained that it terminated the employee in 2019 for carelessly approving transactions that resulted in losses of millions, but the tribunal ruled that the bank was unable to prove it.

As a result, the tribunal ordered the bank to reinstate the employee and provide back pay of salaries at the rate of MVR 27,610 for the past 24 months. The bank is given a 21-day period to make the payments.