27 April 2008

KAZ pays out for unfair dismissal


One person that decided to take the matter further was someone by the name of abcdefghi”j”. Let’s call that person “J”. KAZ sacked “J” in a manner that was in breach of the law. The matter was then handed over to “J’s” lawyers, who found there was enough cause to take it further. Prior to the matter going to court, and therefore made public, “J” was given ‘hush money’ of approximately 9 months of his salary to not to take the matter further.

KAZ has struggled to obtain new customers, and their share prices have fallen from $1.40 to $0.12.
Telstra bought KAZ for a figure over $333 million, but it was once commented that $400 million was paid.



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