This archive report was first published on 14 November 2019.
On November 14, 2019, the Employment and Labour Relations Court dealt a significant blow to Family Bank by ordering it to pay its former CEO, Peter Munyiri Maina, Sh 30.655,800 in dues.
Justice Maureen Onyango made the ruling after finding that Munyiri was unfairly withheld his dues for five years, as per his appointment letter.
The judge noted that there was no dispute that Munyiri was employed by the bank on a fixed-term contract from July 15, 2011, to July 14, 2016.
‘There is further no dispute that Munyiri is entitled to payment of gratuity for the years he worked for the Bank,’ ruled Justice Onyango.
Munyiri, through his lawyer Gibson Kimani, had sought payment of Sh 57 million in dues owed to him by Family Bank.
He claimed that the bank was unlawfully withholding dues rightfully owed to him as a result of the employee-employer relationship between himself and Family Bank.
However, Munyiri is currently facing several criminal charges before the Milimani Chief Magistrate Court for money laundering relating to Sh 1.6 million of the NYS Phase I scandal.
