Lady 'Eseta Fusitu'a's dismissal was later quashed by the Supreme Court.
Radio Tonga reported that an offer from the Minister of Public Enterprises Poasi Tei has been declined by Lady Fusitu'a.
The terms of the offer included no reinstatement, compensation of nearly $US18,000 plus interest, legal costs, the potential of additional payments and an apology.
In 2015 Mr Tei recruited new directors and stated that the TBC's operation was on the rise and reinstating the plaintiff might stifle progress.
