Geregu Power addresses concerns over bond repayment obligations
In a statement signed by its Company Secretary, The Structure HQ, Geregu Power said the current Board and Management had undertaken a comprehensive review and reconciliation of the company’s transactions, liabilities, operational commitments, financing arrangements and other financial obligations.“Since assuming responsibility for the Company’s affairs, the current Board and Management have undertaken a comprehensive review and reconciliation of the Company’s transactions, liabilities, operational commitments, financing arrangements, financial obligations and related corporate documentation,” the company said.
The review, according to the company, is intended to ensure transparency, accuracy and prudent financial management.
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