I think withholding other money is wrong without a proper
explanation, that is why the clauses that you sign on for red is
very important to read carefully, an expert will tell you that
there are flaws that you can exploit on them.
In any company, you cannot withhold people paid/money for more
than 7 days, even if there is owe, they company must seek your
permission to deduct from your pay.
To my understanding, deposit is mend for insurance purposes,
company bought insurance for all it cabs (a must), Hirer do not
need to buy insurance, it is not the hirer's vehicle, the
deposit is mend for in view of hirer get into an accident which he
is deem wrong, the money will be use to compensate the insurance on
behalf of the company. The 2.5k could be a year insurance fees,
The matter arises is that company had intention of witholding
the deposit and therefore started to find fault on those who throw
keys. And most hirers are told of historical events which could be
an accident or knocks for the reason of withholding it.
I find it fishy is that why during the knocks and bangs, the
company did not address the problem and wait until people throw key
then, start to talk about this and that of the past, and these give
them an advantage as most hirer will only had a faint idea of what
had happened.
By and large, approx 4000x2.5k is not small sum, if you invest
in guarantee'd capital return bonds of 3% such as bank bond, That
is a whoppy 300k per year return.
No wonder
