Stanchart turns to court to block billions pension payments to 629 former employees
Standard Chartered Bank Kenya has blocked a KSh 7.09 billion payout to 629 former employees after obtaining a court order halting enforcement of a tribunal’s ruling. The decision comes after the Retirement Benefits Appeals Tribunal (RBAT) recently ordered the bank and its pension trustees to pay the retirees their revised benefits. The retirees, some of…
