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Minority accuses gov’t of deliberately running down Komenda Sugar factory

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The Minority in Parliament has accused the government of deliberately running down the Komenda Sugar factory in order to sell it cheap to friends and cronies of government.

Government has recently announced that it has found a strategic investor to inject about $28 million to revive the factory. But MP for Bole and Deputy Ranking Member on Trade and Industry, Yusif Sulemana, said the government must come clear on the terms and conditions for the Agreement.

Mr. Sulemana said the move to sell the factory is a deliberate measure to deny the previous government any credit.

He said the current administration failed to carry through recommendations of an audit report into the operations of the company. He hinted that the Minority will not rest until it gets to the bottom of the matter.

Government has announced a strategic investor for the Komenda Sugar Factory.

Park Aggrotech Company Limited, a subsidiary of the Skylark Group of companies from India won the bid to manage the sugar factory.

On Tuesday, November 26, officials of the Trade Ministry and PwC introduced the investor to the community and officially handed over the facility to the investor.

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