Tuesday, 18 January 2022

Employment Tribunal Case: Ex-Citi Banker Says He Lost Job Over ‘Toxic’ Claims - Bloomberg

Employment Tribunal Case: Ex-Citi Banker Says He Lost Job Over ‘Toxic’ Claims - Bloomberg

An ex-Citigroup Inc. banker is fighting to get his job back after he alleged that he was fired for blowing the whistle on a “toxic” culture at the bank’s Dubai office.

Faycal Dahab, a former sales director for the Middle East and North Africa, told a London employment tribunal how sales employees were told by a senior banker they should be grateful as “they earn more than employees of Starbucks,” according to court documents prepared by Dahab’s lawyers.

Dahab said he was wrongfully ousted in January 2020 under the guise of a standard redundancy round, when in fact it was down to unfair treatment following his disclosures. He is suing Citi for unfair dismissal, saying the bank retaliated against him because of his claims.

“I would be treated as being ‘difficult’ and ‘negative’ for having disclosed my genuine concerns about inappropriate business and management practices,” Dahab said in a witness statement prepared for the hearing. Younger staff members were put under excessive pressure to produce revenues and some within the compliance and department were “bullied,” Dahab said.

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