How StanChart became entangled in a pension battle with former staff

A StanChart bank branch in Nairobi. 

Photo credit: File | Nation Media Group

When Standard Chartered Bank Kenya floated a voluntary early retirement offer between 1994 and 1998, some 629 employees took the deal and left.

However, trouble soon arose when the employees realised that there was something amiss with the take-home package they had been offered.

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Note: The results are not exact but very close to the actual.