KEDCO Denies Sacking MD Over Corruption Allegations, Slams Claims

Abiola Olawale
Writer

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The Management of Kano Electricity Distribution Company (KEDCO), on Thursday debunked viral reports, claiming it has issued an order for the sack of its Managing Director, Dr. Jamil Isyaku Gwamna, over allegations of financial mismanagement and serial display of incompetence.

The Head, Corporate Communications, Ibrahim Shawai, who addressed some journalists in Abuja, also clarified that its banker (Fidelity Bank Plc) has not in any way taken over the management and activities of the company as insinuated in some media reports.

According to Shawai, any news about the sack of such a high-profile industry player would be announced through the Board and the Bureau of Public Enterprises (BPE), and not on the pages of some online media platform.

Earlier, some reports (not in The New Diplomat) had claimed that Gwamna has been relieved of his duties owing to financial mismanagement and had been immediately replaced by Mr Abba Abubakar Aliyu.

However, Shawai debunked the reports, saying Gwamna’s leadership has recorded several impressive achievements, demanding a retraction of such reports, with an issuance of a public apology within seven days.

In his words, “There is no way a sensitive decision like the sack of a Chief Executive Officer of a Disco could be conveyed through an unserious and ethically-challenged online platform, which has been found to be the only source of the baseless information.

“It is on record that KEDCO under Dr. Gwamna’s leadership have recorded very impressive achievements, building the company from scratch to one of the best DisCos in the country.

“Consequently, to insinuate that the MD has been sacked based on financial mismanagement is nothing, but a well fabricated tissue of lies aimed at suppressing Dr. Gwamna’s very impressive curriculum vitae.

“As a law abiding citizen, Dr. Gwamna knows he will do the proper thing to face his political ambition based on the guidelines of the Independent National Electoral Commission (INEC) in order to commence full scale partisan political activities,” Shawai said.

“The news outlets and their management, have been given seven days to apologise and withdraw their unfounded report or face legal consequences for their malicious publication that was obviously aimed at serving whatever interest.”

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