A judge has upheld a woman’s request to stop Deutsche Bank Malta Ltd from declaring her post redundant. Sandra Diacono, 49, informed the court she was told by Deutsche Bank Malta Ltd she was being made redundant following a reorganisation exercise.

Madam Justice Jacqueline Padovani Grima accepted the woman’s argument that the bank had no legal grounds to make her redundant. 

In her judgment, Madam Justice Padovani Grima noted that Deutsche Bank Malta Limited and Deutsche Holdings Malta Limited between them posted a profit of €72 million. Moreover, according to MFSC documents, Ms Diacono remained listed as company secretary and as one of the company’s official signatories.

“The court finds the termination of employment on the basis of redundancy debatable and extremely dubious, especially since, according to the firm’s articles of association, the position of company secretary is mandatory, more so because Ms Diacono is a signatory. It seems that the company is taking advantage of Ms Diacono’s name on official documents simply because of the law,” the judge said.

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