Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    BUSINESS

    Former Equity Manager Seeks Ksh132 Million Compensation For ‘Wrongful Dismissal’

    Francis MuliBy Francis MuliSeptember 23, 2020No Comments2 Mins Read
    Facebook Twitter WhatsApp Telegram Email
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link

    Former Equity Bank general manager for Agency Banking Mr Joseph Macharia Kagicha has gone to court seeking Ksh132.7 million compensation for what he terms as wrongful dismissal.

    Mr Kagicha was fired last month after completing a four month suspension from March to July 2020, over unclear reasons.

    In court submissions through his lawyer Titus Koceyo, Mr Kagicha says that the bank should compensate him Ksh10 million for discrimination, psychological and mental torture.

    He is also seeking a Ksh113,580,000 for the loss of opportunity for the remaining period before attaining the retirement age of 60. On top, he wants Ksh1,577,500 which is the cumulative salary when he was on suspension between March and July 2020.

    For “unfair loss of employment” Mr Kagicha wants Equity Bank to pay him Ksh7,572,000.

    “No valid legal reasons were presented to the claimant before he was sacked,” Koceyo said in court.

    Read: Coffee Farmers Sue Peter Kinyua’s Company Servicoff Ltd Over Ksh59 Million Debt

    According to his lawyer, he was fired based on a “compliance check in the Agency Banking Department report that was shared between him and the General Manager Shared Services in January 20, 2020.”

    “This exposed Mr Kagicha to be condemned unheard as it meant that all the allegations contained in the preliminary compliance report were uncontroverted, which was not the case,” said Mr Koceyo.

    Mr Kagicha joined the bank on April 8, 2011 before being promoted to be the general manager agency banking.

    Justice Onyango of the Employment and Labour Relations Court (ELRC) has given Equity Bank 21 days to respond to the allegations.

    Email your news TIPS to Editor@kahawatungu.com or WhatsApp +254707482874. You can also find us on Telegram through www.t.me/kahawatungu

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    Equity Bank Joseph Macharia Kagicha
    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    Francis Muli
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    Follow me on Twitter @francismuli_ Email: Editor@Kahawatungu.com

    Related Posts

    CJ Koome Gazettes Judge to Hear Petition Challenging Mbeere North By-Election Results

    December 6, 2025

    Ruto, Mbadi and AG Oduor Make New Govt Appointments

    December 6, 2025

    Ruto Revokes Appointment of Basil Criticos as Board Chair

    December 6, 2025

    Comments are closed.

    Latest Posts

    CJ Koome Gazettes Judge to Hear Petition Challenging Mbeere North By-Election Results

    December 6, 2025

    Ruto, Mbadi and AG Oduor Make New Govt Appointments

    December 6, 2025

    Ruto Revokes Appointment of Basil Criticos as Board Chair

    December 6, 2025

    ANC Nominated MP Joseph Khamis Denar Dies in Road Accident in Nairobi

    December 6, 2025

    Kenya Moves to Address Statelessness as Communities Struggle Without IDs

    December 6, 2025

    Senior cop Philip Tuimur collapses and dies at Nandi home

    December 6, 2025

    Ruto hails watershed meetings with Trump as Kenya, U.S. sign deals

    December 6, 2025

    Police recover suspected fake vehicle number plates in Kariobangi South

    December 6, 2025
    Facebook X (Twitter) Instagram Pinterest
    © 2025 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.