After suffering “immense loss” as a result of the new minimum wage, security firm RK Security has terminated 11 of its 15 government contracts.
Founder and CEO of the firm Roshan Khan told Stabroek News yesterday that on Thursday, the company handed over security services to the management of the 11 locations and officially pulled all personnel. He did not mention what has happened to the over 120 employees who were servicing the contracts.
He had given the government a month’s notice to allow them to put provisions in place and he told Stabroek News that he did not want to be a hypocrite since his original contention was that the government had
