Sacked NBS manager continues testimony in wrongful dismissal suit

Maurice Arjoon

Former New Building Society (NBS) Manager Maurice Arjoon on Thursday said that he and nine other persons were authorised to sign cheques for the withdrawal of large sums of money, during his testimony in the $500M lawsuit he has filed against the society for wrongful dismissal.

Arjoon and two other managers were dismissed after $69 million was discovered missing from the account of Bibi Khan. The trio and several others were charged in the matter but they were later freed after Khan failed to attend court hearings.

Led in evidence by his lead attorney, Senior Counsel Edward Luckhoo,