Mumias Sugar suffers blow as court upholds Sh92m fee to Ojienda

mumias

Entrance to Mumias Sugar Company. FILE PHOTO | NMG

Mumias Sugar Company #ticker:MSC has suffered a blow after the High Court upheld a fee Sh92 million to be paid to the law firm of Prof Tom Ojienda & Associates for defending the miller in an arbitration with Mumias Outgrowers Company Ltd.

Justice David Majanja dismissed the appeal, dealing the blow to the troubled miller, saying the deputy registrar who taxed the amount last year, rightly based the instruction fees on the documents filed before the arbitrator. The miller challenged the fee saying the law firm was claiming funds that had already been paid to another law firm, having taken the case from its previous lawyers.

PAYE Tax Calculator

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