Kenya: A court has authorised an auction of East Africa Portland Cement Company (EAPCC)'s moveable property to proceed, in order to pay former staff. The Nation newspaper has reported that EAPCC owes the employees US$10m in unpaid wages. The court allowed the auction in favour of 60 claimants. It instructed a further 150 claimants to seek redress by other means, due to insufficient available proceeds from the sale.
Court allows auction of East Africa Portland Cement Company property to pay ex-staff
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URL: https://globalcement.com/news/item/15795-court-allows-auction-of-east-africa-portland-cement-company-property-to-pay-ex-staff
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