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Business News of Wednesday, 11 May 2016

Source: tv3network.com

Workers of Tema Shipyard demand CEO's dismissal

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Dry Dock workers at the Tema shipyard are demanding the immediate removal of their Chief Executive officer, Ahmed Ali Tunde on claims of mismanagement of funds.

The workers are alleging the chief executive officer has mismanaged the company's resources leading to its collapse.

According to the workers, the current administration, since assuming office three years ago, has been involved in misappropriation of funds meant to improve the working condition of the workers.

They claim salary increments has not been forthcoming.

The workers in a bid to register their concerns to government, presented a petition at the presidency to demand the immediate removal of the Mr Tunde.

This, however, did not go down well with management, leading to the termination of the appointment of two of the senior workers at the shipyard.

The workers have petitioned Minister for transportation, Fiifi Kwetey, on the issues but he is yet to respond.

Meanwhile, Tunde is yet to respond to the allegations against him and his management by the workers who demonstrated Tuesday.