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Originally published by Capital Business
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business
October 5, 2025
2h ago

Court consolidates StanChart pension cases, defers interest decision

Court consolidates StanChart pension cases, defers interest decision

NAIROBI, Kenya, Oct 5 - The High Court has ordered that three separate appeals relating to the payout to 629 former Standard Chartered Bank employees be Kenya breaking news | Kenya news today |..

✨ Key Highlights

The High Court has consolidated three appeals concerning payout to 629 former Standard Chartered Bank employees, deferring a decision on interest accumulation. This move follows a Supreme Court ruling that dismissed the bank's appeal and affirmed a directive to refund Sh1.1 billion.

  • 629 former Standard Chartered Bank employees are awaiting resolution on pension payouts.
  • The High Court ordered the consolidation of three separate appeals, to be heard by a single judge.
  • A directions mention is scheduled for Wednesday, October 8, 2025, where the question of freezing further interest will be determined.
  • The Supreme Court previously directed Standard Chartered to refund Sh1.1 billion and recalculate pension entitlements.

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