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Cash Crunch: Globacom Staffs Lament Four Months Unpaid Salary***As contractors threaten showdown

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Mike Adenuga

This is coming from inside Otunba Mike Adenuga’s telecommunication outfit Globacom, and it is a fact.

 

Sources close to www.theoctopusnews.com have revealed to us that for the past few months things have not really been going smoothly for employee of Globacom owned by Otunba Mike Adenuga.

 

We were reliably informed that staffs of the company have been lamenting lately over unpaid salaries.

 

Adenuga is said to owe as much as four months salary and workers can hardly complain.

 

Surprisingly, the cash draught which is currently ravaging Globacom is not peculiar to just employees, as there are talks that several contractors of the company are also owed money running into several millions of naira.

 

We gathered that while a lot of these contractors have been keeping quite due to fear of been blacklisted by top management of the company their patience is said to have reached it brink.

 

www.theoctopusnews.com was also reliably informed that the questionable administrative standard of Adenuga is what has raised eyebrows among the contractors, as some continue to get paid while others have been waiting for their cheque for several months.

 

Only time will tell what will become of Globacom, as some have even speculated a protest involving staffs and contractors.

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