… Ernst and Young team commences audit
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| Captain Fola Akinkuotu |
Former Director General of the Nigerian Civil Aviation
Authority (NCAA), Captain Fola Akinkuotu has been appointed the substantive
Chief Executive Officer of Aero Contractors.
According to a statement from the airline, the Receiver
Manager of Aero, Mr. Adeniyi Adegbonmire has appointed Akinkuotu as CEO for
Nigeria’s major domestic operator, as part of the second phase of the
restructuring process of the airlin
Also that the second phase of the intervention was to
appoint a CEO after 15 days of the tenure of Tunde Fagbemi of Springfountain,
the Receiver Manager Representative (RMR).
Akinkuotu, who was the Director General of the Nigerian
Civil Aviation Authority (NCAA) between August 2013 to March 2014; ‘takes over
with immediate effect, following a brief intervention led by the RMR.”
Meanwhile, it is confirmed that the international audit
firm Ernst and Young’s team are already carrying out the audit of the airline.
According to a source in the company, “Yes the team from Ernst and Young are
here and they have since commenced the audit.”
Asking the duration of the audit he said, “ they have
done two weeks they might likely stay one or two weeks more.”
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