PDP Presidential Candidate, Atiku’s Media Firm, Gotel Communications Owes Four-Month Salaries, Shuts Down Transmission After Going Bankrupt | Sahara Reporters

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Gotel Communications Limited, owned by former Vice President and presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar has allegedly gone bankrupt, SaharaReporters has learnt. SaharaReporters gathered that the media outfit, which combines television and radio stations based in Yola, the Adamawa State capital, at the weekend disengaged its staff and shut down transmission. It was further learnt that paucity of funds grounded operations and compelled authorities to shut down the station.

PDP Presidential Candidate, Atiku’s Media Firm, Gotel Communications Owes Four-Month Salaries, Shuts Down Transmission After Going BankruptSaharaReporters gathered that the media outfit, which combines television and radio stations based in Yola, the Adamawa State capital, at the weekend disengaged its staff and shut down transmission.

The staff of the media organisation, numbering over 40 at present, were paid one out of five months salaries and told to"go home till further notice." "Despite the retrenchment done in 2016 to enable the organization meet up its financial obligations, things have gone from bad to worse after the downsizing.

"Rather, he should trace the alleged misappropriation to those close to Atiku Abubakar who were responsible in engaging the management then in 2013 headed by the CEO late John Chiahemen.

 

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