Court orders Barclays to pay sacked managers Sh600m

Barclays Kenya headquarters at the West End building along Waiyaki Way. PHOTO | FILE

Former Barclays Bank of Kenya #ticker:BBK senior managers have won a case they had filed challenging the computation of their exit packages after they were retrenched in 2011.

The lender will now be forced to part with over Sh600 million in terminal dues to 105 staff it had sacked seven years ago after the Employment and Labour Relations Court directed Barclays to pay the award within 30 days.

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