Group Managing Director of the Harmony Holdings Limited, Abdullahi AbdulMajeed on Monday said the investment firm is being repositioned to truly benefit and be accountable to the people of Kwara State whose assets form the core of its existence. The SBUs were no longer reporting to the Holdings… and there was therefore no how they could get funds from the SBUs. And that has resulted in the inability of the holdings company to pay salaries to date. We have appealed for some sorts of bridge funds which will help us attain operational stability before our businesses return to normalcy. “We recognise the fact that your success is our success because this is all about the interest of the people of Kwara State which His Excellency has been working to protect, especially with regards to ensuring that public assets truly work for the interest of the Kwara public,” he said.
Source: Nigerian Tribune December 24, 2019 13:18 UTC