Laban Gathungu, who claims he was irregularly removed as a partner, has sued Ernst & Young (EY) Kenya for Sh450 million. The council of partners also has to demonstrate that a partner is incapacitated or has failed to commit time and resources to the company. In addition to Gathungu being kicked out of the firm, other partners that were involved in the projects have been penalised financially. EY had, however, not paid Gathungu, who filed contempt of court proceedings, seeking to have his fellow partners committed to civil jail. It is not the first time that a Big Four audit firm is facing a major partnership dispute.
Source: Standard Digital August 31, 2020 21:01 UTC