LIAT 2020 Clarifies Ownership and Organisational Structure Amidst Recent Speculation

Recent Developments and Misinformation

LIAT 2020 has released a statement clarifying recent speculation and misinformation concerning its ownership and organisational structure.

This clarification follows recent developments regarding Allen Onyema, the Chairman, CEO, and founder of Air Peace Nigeria.

Recent Allegations and Investigations

Onyema is scrutinised for allegations of obstructing justice by purportedly submitting false documents to the government. This action was allegedly an effort to terminate an investigation that had previously led to bank fraud and money laundering charges against him.

LIAT 2020’s Commitment to Transparency

LIAT 2020 has expressed its commitment to delivering clear and accurate information to its customers, partners, and stakeholders in response to these developments.

About LIAT 2020 Limited

LIAT 2020 Limited is a joint venture between the Government of Antigua and Barbuda and Air Peace Caribbean Limited. GOAB holds 30% of the company, and APCL holds 70%. Both organisations are established in accordance with Antigua and Barbuda’s legal framework.

The organisation underscores that APCL operates independently from Air Peace Nigeria Ltd.

“LIAT stated that Mr Allen Onyema, the CEO of Air Peace Nigeria Ltd, does not hold any shares, directorship, or involvement in APCL or LIAT (2020) Ltd.”

Key Facts

The airline clarifies that the company’s ownership and operations remain unaffected by the erroneous speculations concerning Mr Onyema. It is essential to explain that Mr Onyema does not hold any ownership stake in LIAT (2020) Ltd, and any assertions to the contrary are entirely baseless as facts do not substantiate them.

Conclusion

In conclusion, LIAT 2020 would like to reiterate its commitment to transparency and providing accurate information to its stakeholders. We believe that clarifying these recent developments is essential to ensuring continued trust and confidence in our operations.

FAQs

* Q: What is the nature of LIAT 2020’s ownership structure?
A: LIAT 2020 is a joint venture between the Government of Antigua and Barbuda and Air Peace Caribbean Limited.
* Q: Is Air Peace Nigeria Ltd. involved in LIAT 2020’s operations?
A: No, Air Peace Nigeria Ltd. is not involved in LIAT 2020’s operations.
* Q: Has there been any change to LIAT 2020’s ownership or organisational structure?
A: No, there have been no changes to LIAT 2020’s ownership or organisational structure.