NAIROBI, Kenya, January 4th, 2021 -/African Media Agency/- The attention of the Board of Directors of Shelter Afrique has been drawn to the spurious allegations made against the company and its officials, which are contained in an article published in the Financial Afrik Edition N°85 and further articles dated 6th and 26th December 2021. We hereby…
Shelter Afrique wishes to use this medium to set the record straight and encourage the public and our valued stakeholders to join with us in delivering our mandate for the provision of decent and affordable housing for all in Africa. The affairs of the Board, including the appointment and change of office bearers , is done in strict keeping with the legal procedures of The Company, and not in secrecy as the Financial Afrik article suggests. More so, the activities of The Board are neither sanctioned or communicated through press releases unless deemed necessary.
For the avoidance of doubt, Shelter Afrique has a well-grounded and practical Board with good corporate governance structures duly instituted. The Board has been holding its meetings regularly and in keeping with the provisions of The Company’s Statutes and other applicable laws and general sound corporate governance principles. The Board is up to date with all its statutory meetings.
Source: News Formal (newsformal.com)
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