SINGAPORE: The Land Transport Authority has instructed bike-sharing firm oBike to work with its liquidator to remove its bicycles from public spaces by Jul 4, the authority announced on Thursday (Jun 28).
LTA said the instruction was made so that public streets would not be cluttered with bicycles that cannot be hired.
Advertisement"Should there be unremoved oBike bicycles after this date, LTA will progressively remove these bicycles from public spaces," it said.
"oBike or its liquidator will have to pay the relevant towing and storage fees in order to claim impounded bicycles from LTA. In addition, LTA and CASE have emphasised to oBike the importance of refunding users their deposits which were placed earlier with the company," it added.
The Land Transport Authority (LTA) released the statement after it engaged oBike on its exit plans, amid concerns that its fleet of around 14,000 bicycles is currently left abandoned on streets, pavements and parks all over the country.
In a shock move, the bike-sharing operator had announced on Monday that it stopped operations in Singapore, citing difficulties in meeting the new requirements put in place by the Land Transport Authority (LTA) to tackle indiscriminate parking.
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