According to Justice George Wei, who was overseeing the case, Ramesh had sought 63 million Singaporean dollars from his old company, while AXA, a leading insurance company, claimed that he should only get 1 Singaporean dollar.
Krishnan lost the defamation lawsuit against AXA when he first filed in 2015. However, the Court of Appeal later declared that AXA had breached its duty of care to him, causing Prudential Assurance Company to deny Ramesh employment.
In a written statement, Prudential Assurance company said that they were concerned with Ramesh's competence because his clients were not following guidelines.
"[Ramesh] showed a very poor 13th month persistency rate and we are very concerned as to whether the clients have been provided with proper advice," Prudential Assurance company said.
According to the Court of Appeal, the letter of recommendation was not consistent with the fact that Ramesh had been called one of "AXA's best financial services directors" and that AXA had tried to convince him not to resign.
"People must know that justice is served. Somebody must go out there and make a point," Ramesh said on his victory.
