DAAR Communications PLC, the parent company of African Independent Television (AIT), Raypower, and Faaji FM, has announced the retirement of several key members of its executive management team, including Mr. Tony Akiotu and Dr. Oluwatosin Dokpesi.

This decision, effective from October 31, 2024, is part of a broader move to comply with the company’s Internal Control Policies and Procedures Manual, which mandates the retirement of executives who have served over 10 years in their roles.

The announcement, made in a statement dated August 19, 2024, by the company’s secretary Miji Jonah, follows a series of online publications claiming that DAAR Communications had sacked several directors, including Tony Akiotu and Oluwatosin Dokpesi