The New Kenya Cooperative Creameries (KCC) risks a probe on its properties to determine if part could be sold to settle former employees’ outstanding dues.
This comes after its management failed to attend the Senate Committee on Labour and Social Welfare meeting held yesterday to find a solution to the decades-long dispute over compensation for former employees of the creamery.
Senator George Mbugua, the Committee’s Vice-chair, said that the re-invitation comes with strict requirements for New KCC to present an asset register, detailing the assets acquired from the former KCC, the current assets held by New KCC and the current status of those assets.
“Considering the timelines for concluding on petitions brought to the Senate, we need to be forward-thinking should we need to direct New KCC to sell off some assets to pay off the owings,” he said.
At the same time, the Committee Chairperson Senator Julius Murgor said that they are committed to ensuring that the ex-employees receive their due Sacco deductions and terminal benefits.
“This committee stands for justice, and we will stand by the former employees to ensure they receive what they are rightfully owed,” said Murgor.
New KCC has been embroiled in a long tussle over the payment of terminal benefits amounting to Ksh109,640,482 and outstanding Sacco dues amounting to Ksh92,803,457.
An Industrial Court ruling had earlier ordered for either reinstatement of the workers or payment of their terminal dues, KCC opted to prepare a compensation schedule.
By Vostine Ratemo
Get more stories from our website: Sacco Review.
For comments and clarifications, write to: Saccoreview@
Kindly follow us via our social media pages on Facebook: Sacco Review Newspaper for timely updates
Stay ahead of the pack! Grab the latest Sacco Review newspaper!
