Because Edward Willems blew the whistle on some of his colleagues, his bonuses in 2010 and 2011 were “inappropriately low”, his lawyer Tom Croxford told a London employment tribunal.
Investment banker Willems, the former deputy head of fixed income markets at Credit Agricole’s corporate and investment banking unit, was “subjected to detriment as a result of making protected disclosure” and subsequently dismissed, Croxford claimed.
According to Credit Agricole’s lawyer Nicholas Randall, Willems “is seeking millions of pounds”.
In the UK the law protects employees from being fired or punished should they reveal malpractice in the public interest.
Although no details of Mr Willems’ concerns have been revealed, it is probable he believed his colleagues’ conduct could be categorised as “improper, illegal or negligent behaviour”.
