Homa Bay-based billionaire Sammy Wakiaga. [Courtesy]
Homa Bay-based billionaire Sammy Wakiaga, who owns Rusinga Island Lodge, has been ordered to pay more than Sh2 million to his former Chief Operating Officer (COO) after termination of employment.
Justice Monica Mbaru ordered Wakiaga, who owns Cronicle Group International Limited, to pay British national Stephen France Sh2,046,565.57 in salary arrears.
France was employed by Wakiaga in 2015 as the COO of Cronicle Group International Limited, a company that runs Rusinga Island Lodge, Arcade Forex Bureau, Mbita Ferry Limited, heavy commercial properties and petroleum product distribution networks that include Kenya Pipeline and the Energy Regulatory Commission.
France was earning Sh360,000 per month (3000 USD).
However, the company denied ever employing France and the existence of an employment contract between the parties.
In her verdict, Justice Mbaru ruled that Sh2,046,565.57 is due and owing to work done and benefits thereof to France.
“Accordingly, the Court finds that the Claimant (France) is owed the sum of Sh2,046,565.57 acknowledged in the Deed of Settlement dated March 25, 2021 together with interest thereon at the contractual rate of 12 per cent per annum from May 31, 2021 until payment in full,” said Justice Mbaru.