The facts that gave rise to this appeal are as follows; the appellant, the Ghana Commercial Bank, employed the complainant for some twenty-one years. In 1984, his appointment was terminated at a time when he was a manager of the bank. The reason for the termination was that he had contravened the regulations of the bank by granting a loan facility of six million and seven hundred thousand Cedis to a customer of the bank without prior approval from its head office. In addition to terminating the appointment, the appellant withheld the entitlements of the complainant until such time that the customer would pay the loan.
According to the complainant, he granted the facility in the normal course of business and after he had satisfied himself of the customer’s assets, the purpose for the loan and the viability of the customer’s business; the loan was also secured with assets of the customer worth twenty-five million Cedis.
Dissatisfied with the action taken against him…