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Originally published by Capital Business
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business
September 24, 2025
4h ago

Court halts StanChart’s Sh7bn pension Payout over lawyer fees dispute

Court halts StanChart’s Sh7bn pension Payout over lawyer fees dispute

NAIROBI, Kenya, Sept 24 – The High Court has issued orders stopping Standard Chartered Bank from releasing Sh7 billion in pension dues owed to 629 Kenya breaking news | Kenya news today |..

✨ Key Highlights

The High Court has halted the release of Sh7 billion in pension funds to 629 retirees of Standard Chartered Bank due to a dispute over legal fees. The injunction, issued by Justice Moses Ado, follows an application by lawyer Ruth Wanyonyi, who seeks to secure her firm's payment for representing the retirees.

  • The payout of Sh7 billion to 629 retirees is on hold.
  • Lawyer Ruth Wanyonyi, representing the retirees, sought the injunction to settle her legal fees.
  • The dispute stems from RBAT Appeal No. 8 of 2021, where retirees successfully challenged pension claim handling.
  • The order temporarily restrains the implementation of the September 12, 2025 public notice regarding the pension payout, with further directions expected on October 2, 2025.

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