Keroche loses another bid to block Sh45m ex-CEO payout
Nairobi, June 15 -- Keroche Breweries has suffered a fresh setback in court after it lost an attempt to block a Sh45 million payout to its former Managing Director Sam Shollei, deepening financial pressure on a brewer that says more than 500 jobs could be at risk.
The Court of Appeal dismissed the company's application for more time to revive an earlier bid to halt execution of the award, finding it had failed to explain a delay of more than two years.
The dispute stems from a judgment by the Labour and Employment Court in September 2022 in which Keroche was ordered to pay Mr Shollei Sh45.5 million for unfair dismissal, an amount that has since risen to an excess of Sh75 million through interest and costs. Mr Shollei has separately soug...
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