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Finance

Standard Group Ordered to Pay Former CEO Over Ksh 34M

EditorBy EditorApril 22, 2025No Comments3 Mins Read
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The Employment and Labour Court has directed the Standard Group to pay its former Chief Executive Officer (CEO), Orlando Lyomu, over Ksh34 million.

According to a ruling issued by Justice Stella Rutto on April 9, the media company is expected to make the payment in twelve monthly instalments.

This payment is part of a balance from an earlier judgment in October 2024, where the court had ordered the Standard Group to pay Lyomu a total of Ksh38 million.

The amount includes salary arrears, six months’ salary in lieu of notice, unpaid leave days, and a bonus that was due for March 2023.

In her latest ruling, Justice Rutto instructed the company to pay the remaining amount in equal monthly instalments. The first payment must be made by May 5, 2025, with the rest being paid on or before the 5th day of each following month until the full amount is cleared.

The court also ruled that the Standard Group must settle legal costs amounting to Ksh1,021,140.

These legal fees are to be paid in two equal parts through the law firm of Nyachae & Ashitiva Advocates, with the first payment also due by May 5, 2025.

Previously, on October 16, 2024, the court had directed the media company to pay Lyomu Ksh38,342,857 in monthly instalments of Ksh750,000.

It had also ordered the payment of legal costs within three months. However, by December 2024, Lyomu informed the court that the company had failed to honour this agreement.

By March 2025, Lyomu had received only Ksh4,507,655 out of the expected Ksh5.25 million, prompting him to return to court and request revised payment terms.

He asked the court to compel the Standard Group to pay the remaining amount in higher instalments of Ksh5 million each month.

Following this request, the court has now ordered the Standard Group to pay more than Ksh2.75 million monthly to Lyomu.

Additionally, they must pay Ksh500,000 for two months to cover the remaining legal fees of over Ksh1 million.

Orlando Lyomu was appointed CEO of the Standard Group in May 2018, taking over from Sam Shollei, who had resigned in August 2017. Before becoming CEO, Lyomu had held key leadership roles within the company, including serving as Chief Operating Officer and Finance Director.

He stepped down in June 2023, five years after his appointment, at a time when the company was struggling with a prolonged financial crisis.

The financial difficulties facing the media house had been ongoing for years, and Lyomu’s departure came at the peak of these challenges.

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is a dedicated journalist specializing in current affairs and breaking news. She is passionate about delivering accurate, timely, and well-researched stories on politics, business, and social issues. Her commitment to journalism ensures readers stay informed with engaging and impactful news.

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