Wednesday, October 15, 2025
27.9 C
Lagos

Former MTN CEO, Ahmad Farroukh, in 6-Year Unrelenting Quest for Justice

Telecommunications giant, MTN is currently embroiled in a protracted legal battle with a former top executive, Mr. Ahmad Farroukh over the non-payment of his severance package.

The burgeoning legal battle with MTN, which still lingers more than six-years after he had exited the company is seen as a typical case that highlights the challenges some employees face when seeking fair treatment in the corporate world.

Farroukh had served MTN meritoriously and without blemish. However, his post-employment journey has taken a different course, marred by what many believe is an avoidable dispute over Farroukh’s entitled End of Service benefits had MTN been more judicious. The End of Service benefits accrued during his years with MTN and were at the time of his employment carried by Investcom, which was bought by MTN in mid-2006.

Mr. Farroukh, renowned for his illustrious career within the MTN Group for 9 years, served as the CEO of both MTN Nigeria, MTN South Africa and as Group Chief Operating Executive; managing 19 Operations, achieving remarkable milestones in growth and profitability, including the unprecedented growth of MTN Nigeria’s subscriber base from nine to forty million during his tenure. He was also the GCOE of MTN Group, superintending over 19 operations, the bulk of which, thanks to his instrumentality, were profitable. However, his glorious years of service has unexpectedly been marred by disputation.

Invariably, the bone of contention, it was learnt, revolves around Farroukh’ s claim for End of Service benefits entitled to him upon separation from MTN, which is believed to be in seven digits. It has now been six years since Farroukh initiated legal proceedings against MTN but the company is said to have engaged in delay tactics and stalling of the expeditious resolution of the case.

Many keen watchers of the case suspect that MTN’s intentions might be to deliberately prolong the case with a view to wearing Farroukh down, thereby pushing him to give up on his quest for justice or to incur exorbitant legal costs capable of deterring his pursuit for justice.

However, it was gathered that despite these obstacles, Mr. Farroukh remains resolute and finally, the court case is scheduled for October 16th 2023. It was further revealed that his unwavering commitment to holding MTN accountable for what he believes is his rightful due has garnered attention and support from fellow employees and industry observers alike. Many view this present case as a test of whether MTN, a company that promotes fairness and champions employee rights, can live up to its public image as a responsible corporate citizen.

Mr. Farroukh’s plight raises broader questions about corporate accountability and the treatment of employees, even in successful and prominent companies. Efforts to reach Farroukh for his comments were unsuccessful at the time of going to the press. Similar attempt to reach MTN for comments was futile. But our very reliable source confirmed that neither of the warring parties is prepared to sheath the sword. As the legal battle commences, the world watches with bated breath, eager to see if justice will ultimately prevail.

The consensus among ardent followers of development in this protracted court case is that wheels of justice grind slowly but surely.

spot_img
spot_img
spot_img

Hot this week

Team Nova Triumphs at Innovista Hackathon 1.0 with Game-Changing HealthTech App

The curtain has officially closed on the inaugural Innovista...

New Energy Solar Redefines Solar Installation Business in Nigeria

With many years of experience as a Solar energy...

Zenith Bank Marks Successful Public Offer, Achievement of Recapitalisation at NGX

Zenith Bank Plc yesterday marked a significant milestone with...

Fela’s Afrobeat Rebellion Aligns with Ecobank’s Commitment to Promoting African Heritage

Ecobank Nigeria says the ongoing “Fela Kuti: Afrobeat Rebellion”...

Topics

‘Insurers Always Reject Recapitalisation at Take-off’

Mr. Sunday Thomas, the Deputy Commissioner (Technical), National Insurance...

Insurance Sector: N2.3tr Market Size, N369bn Income, N175bn Claims in Qtr 2, 2022

Mr. O. S. Thomas Commissioner for Insurance/CEO National Insurance Commission (NAICOM) The...

The DELTA STATE ICT Innovation Hub

Special Executive Media Brief In Recognition of Its Distinguished Corporate...

Sovereign Trust Insurance Adopts Continuous Manpower Dev for Optimal Performance

The MD/CEO, Olaotan Soyinka and members of the company’s...

Anchor Insurance: N437m Profit, N7bn Premium, N14bn Total Assets

Mr. Augustine Ebose Managing Director/CEO Anchor Insurance Company Limited Anchor Insurance Company...

World Bank, Partners Launch $24bn Universal Health Coverage in Africa

The Sixth Tokyo International Conference on African Development (TICAD-VI),...

UBA Pays Total Dividend of N95.8bn, Translating to N2.80 Per Share in 2023

L-R: Group Chairman, Mr. Tony O. Elumelu and Group...
spot_img

Related Articles

Popular Categories

spot_imgspot_img