NewsMulti-Billion Company Fires Over 2000

Multi-Billion Company Fires Over 2000

-

- Advertisment -spot_img

The multi-billion real estate company Erdermann Properties Limited has let go of over 2200 workers following a protracted court row with a liquor company over accusations of air pollution.

In a statement issued by the company on Thursday, March 12, it announced that they would have to lay off some workers owing to the temporary suspension of their services following a court order.

The company announced that as of March 6, 2020, it had stopped the proposed construction of the proposed Great Wall Gardens (GWG 3) project following a temporary suspension of their conservatory and interim orders by the Environment and land Court in Makueni.

For this reason, the company announced that it had to sever ties with some of the employees, suppliers of local materials, and contractors, alongside disappointing the buyers who had expressed interest in the properties.

Image

The completed phase two of the Great Wall Gardens (GWG) project by Edermann Properties Limited

File

“To our over 2000 esteemed workers of the proposed GWG 3 project, we are aware that there are 2000 families dependent on your earnings but as a result of the stoppage of the construction works, we also have no choice but to suspend your services with immediate effect.

“To the over 200 local sub-contractors of the proposed projects, we thank you for your dedication and support. It is, however, unfortunate that due to the stoppage of the works, we have to suspend your services,” the notice reads in part.

Erdermann properties also urged for patience from over 200 suppliers of construction materials with indications that there could be a probable delay in settling outstanding balances owing to the suspension of services.

The company told the investors that it would work in its best capacity to recover the lost time once the protracted court battles were compensated once work resumed.

“We sincerely apologize to home buyers of the proposed GWC 3 project, that because of the stoppage of the construction by the court on March 6, 2020, the same may cause delays to the targeted completion date of July 2020.

“We, however, commit to working around the clock to recover any lost construction time during this period and commit to continue working with the government to realize the success of the Affordable Housing Program under the Big 4 Agenda,” they concluded.

The company also urged its neighbours to desist from frustrating its projects and instead concentrate on properly discharging waste and affluent as the residents of the GWG projects were urging it to do.

Image

Machakos Governor Alfred Mutua and Erdemann Properties MD Zeyun Yang during the commissioning of the Great Wall Gardens 1 and groundbreaking of Great Wall 2 in Athi River in February 2019.

Machakos Governor Alfred Mutua and Erdemann Properties MD Zeyun Yang during the commissioning of the Great Wall Gardens 1 and groundbreaking of Great Wall 2 in Athi River in February 2019.

File

Erdermann Limited is behind the River Estate, Great Wll Apartments, Kileleshwa Executive Apartments, Windwor View Apartments, and the Lake Basin mall, amongst a host of other high-profile property development across the country.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

Was ist eine toxische on-off-beziehung?

Was ist eine toxische on-off-beziehung?What is a toxische on-off-beziehung? a toxische on-off-beziehung is a type of relationship where one...

Ex-Govt Official in Ksh1.3 Billion Scandal Hospitalised After Court Release

Former Nairobi Provincial Commissioner Davis Nathan Chelogoi is set to receive ongoing medical treatment at a hospital in the...

Raila Allies Pile Pressure on Ruto as Talks Hit Dead End

National Assembly Minority Leader Opiyo Wandayi, a close ally of opposition leader Raila Odinga and a senior member of...

'They’re Jealous of Me', Nakhumicha Over Recent Criticism

Cabinet Secretary (CS) for Health Susan Nakhumicha has strongly condemned the individuals criticising her over allegations of underperformance within...
- Advertisement -spot_imgspot_img

Court Orders City Lawyer Behind Ksh 283M Scam to Refund Loot

The High Court on Thursday ordered a Nairobi lawyer to refund Ksh25 million he is accused of obtaining fraudulently. While...

How to Buy Cryptocurrency with M-Pesa in Kenya: A Step-by-Step Guide on Binance

Are you a Kenyan interested in purchasing cryptocurrencies using M-Pesa? Although direct purchases of cryptocurrencies via M-Pesa are currently...

Must read

Was ist eine toxische on-off-beziehung?

Was ist eine toxische on-off-beziehung?What is a toxische on-off-beziehung?...

Ex-Govt Official in Ksh1.3 Billion Scandal Hospitalised After Court Release

Former Nairobi Provincial Commissioner Davis Nathan Chelogoi is set...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you