London Banker Fired Over £5 Bike-Shed ‘Theft’ Loses Employment Suit
- Marius Caracota says tribunal’s ruling is ‘very disheartening’
- Mizuho banker took a chain guard from a colleague’s bicycle
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Marius Caracota, the former Mizuho Bank Ltd. executive fired for taking a chain guard from a colleague’s bicycle, lost a lawsuit over his dismissal.
Caracota said at a London tribunal hearing last week that the bike incident was a “convenient way” to get rid of him after he complained about bullying and potential regulatory breaches. He’d taken the bike accessory, worth about five pounds ($6.60) when new, because he thought it was his own, he said.