Muslim twin sisters in UK get 10-mn pound payout for racism and drug abuse claims

November 12th, 2008 - 1:25 pm ICT by ANI  

London, Nov 12 (ANI): Two Muslim sisters have won a multi-million pound settlement on the verge of an explosive tribunal which threatened to make public claims of widespread drug abuse and racial bigotry in London.

Samira and Hanan Fariad, 31, had made more than 200 sensational claims like top brokers used cocaine, and subjected them to unbearable levels of race and religious discrimination.

They alleged that former bosses at Tradition Securities and Futures turned a blind eye to the deplorable behaviour.

But just days after the case began last week the two sides settled for what is believed to be a staggering 10million pound. It dwarfs all previous payouts, The Sun reported.

The French twins, who held hands during tribunal hearings, were on 50,000 pound a year salaries but earned six figures with commission.

They claimed Jewish clients were taken away from them. And they said bosses transferred these clients to non-Muslims during their two years as brokers.

Last week the French-owned firm dismissed the allegations as an utter distortion of the facts.

But yesterday an insider said: Tradition knew what was going to come out in the tribunal if this case wasnt settled and they knew it wouldnt look good, regardless of the truth of the claims. These things can cause uproar at the best of times but with the current economic climate there could have been a nasty backlash.

The twins quit the company in November 2006 saying that they could no longer work there. All the staff they claimed were behind the discrimination have also since left the firm the paper said.

The case at the Central London Employment Tribunal opened on last Wednesday and was scheduled to last 55 days. It would have been one of the longest-ever in the UK.

Traditions parent company, Compagnie Financiere Tradition, is one of the worlds largest broker firms with a turnover of 770million pound in 2007.

Samira Fariad started work in the Paris branch of the firm in 2001. Three years later she was transferred to London where her sister joined Samira. (ANI)

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