Kwara Express shutdown for alleged fraud

Date: 2020-10-11

AUTHORITIES of Harmony Transport Services Limited otherwise known as Kwara Express have temporarily shut down the Kwara State government owned transport company for alleged fraud and gross staff indiscipline.

Owners of the company, Kwara Harmony Holdings Limited added that plans are afoot to review the operations of the company in order to remodel it for profitability and sustainability.

Accordingly, owners of transport company have set up a probe panel set up to review and investigate company's operations and activities so as to determine its future.

Group Managing Director of Harmony Holdings Limited Abdullahi AbdulMajeed attributed the temporary closure of the company to age-long systematic fraud allegedly perpetrated by the company's staff as well as their resistance to positive change.

Mr. AbdulMajeed said the rot in the company when it was a public corporation hindered it from being run profitably, adding that that necessitated it acquisition by Harmony Holdings which is the investment management company of the Kwara state government.

He observed that despite its acquisition Kwara Express is still being dogged by absence of corporate governance, accountability, ineffective cost structure, noting that all these vices are now being investigated.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Taofik Abiodun Ahmed     Modibbo Kawu     Lafiagi     Student Learning Support Helpline     Joseph Alex Offorjama     Arca Santa     Sulyman Tejidini     Olatunji Ayeni     Yusuf Amuda Gobir     Isiaq Khadeejah     Salman Alada     Raliat Islamic Foundation     Senior Special Assistant On Student Affairs     Goodluck Jonathan     Nurudeen Mohammed     CACOVID Palliatives     Students Union Government     Agboola Babatunde     Siraj Oyewale     Agor Market     Mansur Alfanla     Yashikira     Bankole Omisore     UNILORIN Alumni     Twitter     Shuaib Boni Aliyu     Kwara State Polytechnic     Bamidele Adegoke Oladimeji     Ayedun     Amosa     Baboko Primary School     RTEAN     Oluwarotimi Boluwatife Adenike     Shola Odetundun     Samuel Elizabeth Keatswa     Ayobami Akanbi     Hikmah AbdulKareem     Junior Secondary School Certificate Examinations     Mufti Of Ilorin     Omar Gambari     A.G.F Abdulrasaq     Aisha Buhari     Saka Aleshinloye     Taiwo Joseph     Ajakaye     Taofeek Sanusi     Muslim Stakeholders Of Kwara State     Ahmad Olayiwola Kamaldeen     Amina El-Imam     ARMTI     Ibrahim Orire     Tinubu Legacy Forum     Kubra Kazum     Wahab Issa     Olatunji Bamgbola     Niguel Gallando Marcias     Ilorin Innovation Hub     Kazeem Adekanye     Sobi Hill     Azeez Bello     Iyiola Oyedepo     Federal Polytechnic Offa     Association Of Kwara State Online Media Practitioners     CKNG     Ahman Patigi     Abdulrahman Abdulrasak     Dan Masanin     Bola Olukoju     Tunde Saad     Issa Manzuma     Playing Host     SARS     Baakini     Abdulrahman Abdulrazaq     Bashiru Makama     General Hospital     Mopelola Abdulmaliq-Bashir    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Mutawali     Nigerian Correctional Service     Marufat Oladosu     Musa Ayinla Yeketi     Alliance For Democracy     Ubandoma Of Ilorin     Sheikh Ariyibi     Afolabi-Oshatimehin     Ganmo Power Sub-Station     Sun Qing Rong     Elections     RTEAN     Ile Arugbo     Ibrahim Agboola Gambari     Mohammed Ajia Ibrahim     2023 Elections     Alaiye     General Hospital     UNILORIN Alumni     YAKOOYO     Mujtabah Bature     Kupchi Hosea Maxwell     Minister     Oloye     ASKOMP     Mazars Consulting     Kayode Laro     Usman Alkali Baba     Tsaragi     Ayo Salami     Malete     Maimunat Oniyangi     Bilikis Oladimeji     Maryam Ado Bayero     Ekiti     Javed Khan     Gbadeyan Gbadura Yomi     Lai Mohammed     CELF     Ndakene     Ajibike Katibi     Just Event Online     Salmon Babatunde Salmon     Katibi Ibraheem Adeola     Aliyu Kora-Sabi     Woro     Village Alive Development Association     Kehinde Boyede     Farouk Salim     Isa Aremu     Ibrahim Labaika     Kwara State Fire Service     Olaosebikan     Aliyu Alhassan     Ladi Hassan     Funmilayo Isiaka Oniwa     Dairo Kunle Paul     Emmanuel Bello     Park     Monsurat Omotosho     Bibire Ajape     Hakeem Idris     Mahee Abdulkadir     Aliyu Adebayo     Oyawoye     Muslim Stakeholders Of Kwara State     Saliu Shola Taofeek     Yakub Lai Gobir     Mohammed Ibrahim     Omotosho     Ilorin West     Raheem Adaramaja     Oladimeji Thompson     Abdulhakeem Adelaja Amao     Trade Lenda SME Fair     Okin Malt     NIRSAL