Westgate Mall owners paid Sh5 billion for 2013 terror damage

A man sits on rubble of the destroyed Westgate Mall after the September 2013 attack. AFP PHOTO | Tony KARUMBA

Owners of Westgate, the Nairobi mall that suffered a terrorist attack about five years ago, and their tenants were paid Sh5 billion ($50 million) insurance compensation, making it one of the largest underwriting claims ever in Kenya.

African Trade Insurance Agency (ATI) said nearly 86 per cent of the money or Sh4.3 billion was paid to Sony Holdings Limited, the owners of the building that was heavily damaged in the September 2013 attack.

PAYE Tax Calculator

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