KENYA DOCTOR SEEKS SH1. 9 BILLION IN CORPORATE FALLOUT.

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BY SAM ALFAN.

The managing director of Pathologist Lancet limited (PLK) is demanding over Sh1.8 billion from his French and South African partners as he seeks to cut his links with the company he helped establish in 2009.

Through lawyer Donald Kipkorir, Dr Ahmed Yukub Kalebi says he does not wish to renew his contract, which expires on April 30 and is demanding Sh1.851, 879, 151.7 claim as he servers his relationship with the company, which operates in Kenya, Tanzania, Uganda and Rwanda.

In his separation letter, Dr Yukub claims that he serves as chief consultant Pathologist of Pathologist Lancet limited(PLK) and Lancet Services (K) limited (LSC) and his monthly basic salary and transport allowance under the employment contract is SH. 1, 767, 042.

“The current term under the aforementioned Employment contract is set to lapse on April 30,2021 and he does not wish to apply for a new term,” said the Dr Yukub.

Lawyer Kipkorir informed the board of directors that his client his claiming terminal employment dues and certain shareholders rights from the shares held in PLK and under the Employment contract respectively.

“We are under instructions to claim for goodwill in the sum of Sh 1,167,738,000 being the weighted average of our client’s contribution to the business brand and goodwill based on OECD’s recommended guidelines on pricing of intellectual property since 2009 to date,” reads the demand letter in part.

The lawyer says that the MD has been employed by PLK and serves in the capacity of a Managing Director (MD) in PLK and in other three subsidiaries of PLK registered and operating in Uganda, Tanzania and Rwanda.

 He also says that Dr Yukub serves as the chief pathologist in all the three East Africa entities of the Lancet laboratories under an employment contract dated May 1, 2018.

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