Minority raises red flag over new investor for Komenda sugar factory

The Minority has accused government of deliberately causing the Komenda Sugar Factory to be undervalued so it can be sold off cheaply.

According to the Deputy Minority Spokesperson for Trade, Industry and Tourism, Yusif Sulemana, government has side-stepped recommendations of a technical audit of the project only to pursue a motive of selling off the company.

The Minority has accused government of deliberately causing the Komenda Sugar Factory to be undervalued so it can be sold off cheaply.

According to the Deputy Minority Spokesperson for Trade, Industry and Tourism, Yusif Sulemana, government has side-stepped recommendations of a technical audit of the project only to pursue a motive of selling off the company.

Source:citinewsroom.com
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