CMA moves to cut KenolKobil CEO’s Esop pay

KenolKobil chief executive David Ohana. FILE PHOTO | NMG

KenolKobil chief executive David Ohana’s payout from the sale of his ESOP shares to French firm Rubis Energie is now at risk of shrinking by a whopping Sh644.5 million.

This follows the regulator’s insistence that the applicable rules do not allow him to take home the amounts indicated earlier.

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