RBA rejects extension bid in StanChart pension fund dispute
RBA said it had considered a request by Hamilton Harrison and Mathews, acting for the pension fund, for a 30-day extension but found the timeline unjustified given the time already elapsed since the initial correspondence. Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Retirement Benefits Authority (RBA) has denied a request for an extension from lawyers representing the Standard Chartered Kenya Pension Fund in a dispute with four claimants.
- The RBA has ordered submissions within 14 days in the pension fund dispute.
- Key parties involved are the RBA, Standard Chartered Kenya Pension Fund, and claimants Davies Kajogu, Lawrence Aswani, Paul Wanyoike, and Ian Amogola.
- The lawyers sought an extension due to "new allegations" and the historical nature of some claims dating back to 1970.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
Apple pays iPhone buyers; Nissan cuts European jobs - May 2026
Apple Inc. has agreed to pay up to $95 to some U.S. iPhone buyers as part of a $250 million settlement to end a class-action lawsuit alleging false advertising about its AI features. Nissan is set to close one of its UK production lines and cut approximately 900 jobs across Europe as part of its 'RE:Nissan' recovery plan. The Retirement Benefits Authority (RBA) has denied a request for an extension from lawyers representing the Standard Chartered Kenya Pension Fund in a dispute with four claimants.
