Trouble seems to be heading the way of CMC Motors’ MD Bill Lay, in an issue that has stayed relatively silent since the first mention about ousting the firm’s director from his seat.
The Departmental Committee on Finance, Planning and Trade also resurfaced the elephant issue of whether or not the CEO (of American origin) has a permit to operate within the country’s borders, legally.
The matter on work legality was first mentioned by Otieno Kajwang, the Immigration Minister who, in late 2011, advised Nyayo House to give Mr. Lay no permit until he satisfied the office with full details of his genuineness to work in Kenya.
Mr. Lay received an offer from CMC to be the managing director in May 2011, a post that he has held up to now. It was then that he made remarks about the misappropriation of a billion and a half shillings of the company’s reserves by a former boss. The point of concern soon became the stalemate by shareholders who resorted into power struggles and paralyzed business in the auto firm, which saw the government constitute a House committee to look into the matter.
One of the prominent recommendations by the Committee is to echo Kajwang’s original intention by authorizing the Immigration Department to revoke the American’s papers to work in the country apart from when there is a credible affidavit to abstain.
Another reason for the proposal to wrestle power from him is that though he has a Kenyan spouse, he has failed to account for his educational background whereas many locals are skilful enough to take the job.
The report comes with an admonition that an ending to Mr. Lay’s term of office would be justifiable in the eyes of the masses.
Business at CMC has remained lukewarm primarily due to the pending issues.