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Year banks lost billions in court battles

Thursday, December 29, 2022 - 4 min read

A Malian national has sued her former employee for illegal termination and is demanding more than Sh44 million. PHOTO | SHUTTERSTOCK

By Sam Kiplagat

Court Reporter

Nation Media Group

Several banks have been dealt a blow this year over court cases brought by their former employees or customers.

National Bank of Kenya (NBK) was the hardest hit after the lender was ordered to pay a former MP more than Sh2.3 billion for auctioning his property.

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

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