Workers of former Western Veneer and Lumber Company (WVLC), a state owned timber firm in Sekondi that was divested to ASD Limited, have alleged that the company was sold under dubious circumstances and call for investigations.

They also complained about alleged incompetence of management and said the company faces imminent collapse.

In a statement signed by 10 of their representatives, the workers said they had not been paid any salaries or entitlements since ASD Limited took over WVLC more than a year ago.

They have therefore appealed to the government to probe the circumstances under which the company was divested and intervene to save the workers from further “embarrassment, frustration and unfair treatment.”

The statement alleged that ASD Limited benefited from state largesse as a result of the dubious manner the company was sold by the Divesture Implementation Committee (DIC).

It said even though full payment of the company had not been effected, management had started selling machinery and equipment as scraps as a means to generate revenue to meet its expenditure.

The statement said attention of the DIC had been drawn to the illegal practice of management of ASD Limited but no action had been taken.

Source: GNA

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