Wednesday, September 24, 2014

Management Crisis Hits Globacom ..Staffs Absconded Enmass

This is undoubtedly not the best of times for Mike Adenuga’s Globacom as key staffs of the company have absconded from duty largely because of lack of corporate governance. Findings revealed that the Group Chief Operating Officer (COO) of the company, Mohammed Jameel and the Chief Technical Officer (CTO) Sanjib Roy both Indians have absconded from the company because of what sources termed as Mike Adenuga’s ugly and very high-handed managerial style. Our investigations further revealed that in order to leave unhindered, the two most senior staffs of Globacom left the country without tendering their resignation letters. While the CTO left about five months ago, the COO left the country about five weeks ago Also, the Chief Information Officer (CIO), Mr. Cesar Camara, an African expatriate, has tendered his resignation letter. Unlike the Indians, who left without notice, Camara gave the statutory notice. It is however feared that in line with Otunba Adenuga’s well-known practice, he might not be given his severance pay. “In Adenuga’s companies, you either get sacked or you abscond. There is no room for niceties like resignation because if you do, you will definitely not get your severance pay. The usual practice is that as you get your salary, you take off without informing anybody”, a source said. http://perfectbrandsng.com/management-crisis-hits-globacom-staffs-absconded-enmass/