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Ex-mining firm CEO paid $13.5m in employment fight

Ex-mining firm CEO paid $13.5m in employment fight

Monday 16 May 2022

Ex-mining firm CEO paid $13.5m in employment fight

Monday 16 May 2022

An employment dispute involving a Jersey-based mining company, its aggrieved former boss, and the firm's Chinese owner has reached its next stage – with the Royal Court allowing the ex-CEO to be paid $13.5m.

In the latest chapter of a lengthy litigation, Jersey resident Oleg Sheyko can use the money paid by his former employer into the court to invest for his own benefit.

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