Documents that were left intact after Kenya Planters Co-operative Union (KPCU) mills were vandalised when it was under receivership. PHOTO | WILLIAM OERI | NATION MEDIA GROUP
The former unionisable employees and administration officers state in their claim that they were axed from the giant coffee miller by a receiver manager appointed by the Kenya Commercial Bank (KCB) to recover an outstanding loan of over Sh643million.
According to the suit documents lodged by Mr Koceyo at the court, it is averred that KPCU was placed under receivership by KCB over an unpaid loan of over Sh643 million on October 19, 2009.
Seventy-seven former employees of financially-challenged Kenya Planters Co-operative Union (KPCU) have moved to court seeking over Sh349million in terminal dues.
The former unionisable employees and administration officers state in their claim that they were axed from the giant coffee miller by a receiver manager appointed by the Kenya Commercial Bank (KCB) to recover an outstanding loan of over Sh643million.