The crisis rocking Abuja Markets Management Limited has taken a new turn as the sacked managing director, Abubakar Usman Faruk, who continued to parade himself as the Managing Director (MD) has reportedly sacked all management staff of the company opposed to his continued stay.
Faruk who was removed as the MD by its shareholders following an official resolution passed on July 17 2023 had continued to parade himself as chief executive not only dismissed seven of the key staff but also published a disclaimer in the dailies.
In an effort to remain on the seat, Faruk is said to be applying every trick in the book including dropping names of key persons currently serving in the government.
In a further move to perpetuate himself in office, he had returned with a court order purpotedly reinstating him three years after he was redeployed by the immediate-past FCT Minister Mallam Mohammed Bello following issues surounding development of market stalls opposite Area 7 UTC shopping complex.
Furthermore, Faruk is said to be going around dragging the name of the NSA as his source of power, staying in office even after he has been sacked.
In a swift reaction to a disclaimer purpotedly authored by Abuja Markets Management Limited, the Federal Capital Territory Adminstration (FCTA) and Abuja Investments Company Limited (AICL) have all debunked the sack as well as the disclaimer.
In a Notice jointly signed by FCTA and AICL, they noted that, “The attention of the shareholders and directors of Abuja Markets Management Limited (AMML) has been drawn to a purported publication on Wednesday August 2 2023 to the effect that AMML has disengaged some staff as suggested on the said publications.
“This disclaimer notice is made to debunk the said publication dismissing the said management staff as false and not authorised by either the management, board of directors or shareholders of AMML.”
They stated that the board is aware that one Alh Abubakar Usman Faruk whose appointment as managing director of AMML was effectively terminated vide a termination letter dated July 17 2023 has continued to purportedly impersonate the office of the MD AMML.
They therefore maitained that the termination of Faruk’s employment as the MD of AMML remains in force having been effectively removed from office.