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WEBUYE’S PAN PAPER MILL ASSETS ON SALE?

22 Sep

pan paper webs
WHO AUTHORISED AND WHY?
A union official has asked the government to block the sale of troubled Pan African Paper Mills assets.
Central Organization of Trade Unions (Cotu) chairman Rajabu Mwondi on Monday noted with concern that receiver managers had advertised for bids for the sale of some of the company’s equipment despite a government pledge to revive the factory.
Mr Mwondi said the union was privy to information that some people in the government were not keen on seeing the revival of the paper mill.Pan Paper closed its operations on January 30, this year, after the Kenya Power and Lighting Company cut off power supply over unpaid bills. The firm supported more than 30,000 people directly while residents of Webuye Town indirectly benefited from electricity, water supply and other social amenities provided at either subsidized rates or free of charge.
Cotu alleges that the government has ignored its calls for multi-sect oral dialogue to find a way out for the troubled firm.Both President Kibaki and Prime Minister Raila Odinga visited the company’s premises in April and promised to do their best to revive the factory, but Mr Mwondi said nothing had been done.
In this year’s Budget, the Treasury set aside Sh500 million for the paper mill’s revival.
The big question now remains: where is the money that treasury set aside for the mill revival and who authorized the bid adverts? Is this another corrupt deal between some government officials and some senior people at the company?
Webuye residents are still keeping their fingers crossed and just hoping something good will come their way soon.
pan paper 2

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1 Comment

Posted by on September 22, 2009 in Uncategorized

 

One response to “WEBUYE’S PAN PAPER MILL ASSETS ON SALE?

  1. joseh

    October 4, 2009 at 12:12 pm

    why is the government dragging feet about pan paper yet it could not have collapsed when it could have been situated in Nyanza or Central

     

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