How tender interference cost Consolidated Bank’s ICT chief his job

A Consolidated Bank of Kenya branch in Nairobi.

Photo credit: File | Nation Media Group

The Employment and Labour Relations Court in Nairobi has upheld a decision by Consolidated Bank to dismiss its ICT head over interference in the procurement of a core banking system meant to modernise the lender’s operations.

The court found that the bank had valid grounds to terminate Martin Omido and followed due process, dismissing his claim for damages and compensation for unfair termination. It also ordered a partial refund of deductions made from his terminal dues.

PAYE Tax Calculator

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