Appeal Court reduces Maurice Arjoon’s $59M award to $18.8M

Appeal Court reduces Maurice Arjoon’s $59M award to $18.8M

-NBS granted three-month stay to decide on CCJ appeal THOUGH upholding the High Court ruling, the Court of Appeal on Friday slashed the $59 million judgement that the New Building Society (NBS) was ordered to pay former Chief Executive Officer (CEO), Maurice Arjoon, to $18.8 million. In 2017, High Court Judge, Brassington Reynolds, found that …

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