Saturday, June 20, 2026
ADVT 
International

Indian-Origin Man Gets 2.9 Million US Dollars After Bad Reference Cost Him Job

IANS, 15 Aug, 2017 12:48 PM
  • Indian-Origin Man Gets 2.9 Million US Dollars After Bad Reference Cost Him Job
An Indian-origin man in Singapore has got 4 million Singaporean dollars ($2.9 million) in damages from his previous employer after a scathing reference letter by them cost him the chance to get a new job.
 
 
Ramesh Krishnan had accused AXA Life Insurance Singapore of defaming him while providing references on his work performance in 2012, the Strait Times reported on Tuesday.
 
 
Justice George Wei noted on Monday that the stands of both parties had been "polar opposites" when it came to damages. Ramesh had sought 63 million Singaporean dollars, while AXA urged he should be awarded only a nominal sum of 1 Singaporean dollar.
 
 
Mr Krishnan lost his initial defamation suit in 2015, but the Court of Appeal later ruled that AXA had breached its duty of care to him, the report said.
 
 
The court had also noted AXA's breach of duty led Prudential Assurance Company Singapore not to hire Ramesh.
 
 
When the firm in which Mr Krishnan had applied for a job asked AXA for the reference, it wrote back saying: "He showed a very poor 13th month persistency rate" -- meaning that many of his clients did not stick with their policies -- and "we are very concerned as to whether the clients have been provided with proper advice".
 
 
The Court of Appeal said this would have given the mistaken impression that Ramesh was not competent, and did not square with the evidence that he was one of "AXA's best financial services directors" and it had earlier persuaded him not to resign.
 
 
"People must know that justice is served. Somebody must go out there and make a point," said Ramesh, after the ruling.

MORE International ARTICLES

Nova Scotia Population Hits Record High, Thanks Mostly To Immigration

Nova Scotia Population Hits Record High, Thanks Mostly To Immigration
Statistics Canada released Thursday said the province's population has increased by about 4,900 people since April 2015, bringing its total population to about 947,000.

Nova Scotia Population Hits Record High, Thanks Mostly To Immigration

NDP MP Nathan Cullen Near Tears As He Pays Tribute To Slain British MP Jo Cox

NDP MP Nathan Cullen Near Tears As He Pays Tribute To Slain British MP Jo Cox
OTTAWA — MP Nathan Cullen teetered on the edge of tears as he paid tribute in the Commons today to a friend — slain British MP Jo Cox.

NDP MP Nathan Cullen Near Tears As He Pays Tribute To Slain British MP Jo Cox

Puerto Rico May See Hundreds Of Zika Birth Defects

Puerto Rico May See Hundreds Of Zika Birth Defects
Screening of blood donations in the island territory has indicated a rapid increase in the spread of the virus. Officials expect infections will increase through the summer.

Puerto Rico May See Hundreds Of Zika Birth Defects

Married Hindu Girl Forcibly Remarried By Jirga In Pakistan

Married Hindu Girl Forcibly Remarried By Jirga In Pakistan
Wadia Bai Meghwar and her cousin Suresh had contracted a marriage of their free will in a Karachi court on May 4, 2016. 

Married Hindu Girl Forcibly Remarried By Jirga In Pakistan

Yoga day to be held at Potters Fields Park in London

The International Day of Yoga will be held at Potters Fields Park near Tower Bridge in London on June 19, a statement from Indian High Commission here said on Friday.

Yoga day to be held at Potters Fields Park in London

Indian-origin Hedge Fund Manager Sanjay Valvani Charged With Insider Trading

Indian-origin Hedge Fund Manager Sanjay Valvani Charged With Insider Trading
A hedge fund manager of Indian origin has been charged with participating in a stock market insider trading scam involving generic drugs that allegedly netted him at least $25 million in profits, according to US authorities.

Indian-origin Hedge Fund Manager Sanjay Valvani Charged With Insider Trading