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AN insurance broking firm has been ordered to pay its former long-standing managing director in excess of $2.1 million, plus a monthly pension and an apartment in a development, if construction resumes, as promised to him in his retirement package.

Justice Frank Seepersad made the order on September 11. It came after former MD Omar Daniel and M&M Insurance Broking Services Ltd could not agree on a proposal.

The judge was presiding over Daniel’s lawsuit against M&M Insurance. The trial took place on September 9 at the Waterfront Judicial Complex, Port of Spain. On September 10, attorneys for the parties informed the judge they were working on updated figures.