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.

Baboko Primary School     Abiodun Jacob Ajiboye     Otuka     Yusuf Arowosaye     Kwara State Printing And Publishing Corporation     Iyabo Adewuyi     Ilofa     Nigeria Foundation For Artificial Intelligence     Saeedat Aliyu     Abubakar Aliagan     Gambari     Nupe     Farouk Salim     Bello Bature     Gobirawa     Prince Bola Ajibola     Amosa     Apata Ajele Secondary School     Ilorin Talaka Parapo     GGDSS Pakata     Abdulrazak Shehu Akorede     Yahaya Oloriegbe     Agbarigidoma     Iyabo Dupe Adekeye     Kazeem Adekanye     Marafan Shonga     Bilikisu Oniyangi     Alimi     Alabe     International Aviation College     Femi Gbajabiamila     Suleiman Idris     Peculiar Allowance     Durosinlohun Atiku     Onilorin     Falokun-Oja     Kulende     07039448763     Omotoso     Monsurat Omotosho     Yusuf Abdulraheem     IQRA College     Sulyman Buhari     COVID-19 Palliatives     Aliyu Sabi     Olusegun Adeniyi     N-Power     Yusuf Lanre Badmas     Abdulsalam Firdaous Amosa     Borgu     Okala Baba     Orisun Igbomina     Abdulrahman Abdulrazak     Bayer AG     Abdulmalik Bashir Mopelola Risikatullahi     Afetu Of Alabe     Abubakar Ndakene     Bayo Mohammed Onimode     Ilorin East/South Federal Constituency     Al-Adaby     National Union Of Road Transport Workers     Muhammed Taofeeq Abdulrazaq     Kwara 2015     Harmony Holdings     Rihanat Ajia     Muhammad Ghali Alaaya     Abdullahi Dasilva Yussuf     Aminu Ado Bayero     Olatunji Ayeni     Simeon Sule Ajibola     Aminat Omodara     Aisha Abodunrin Ibrahim     Bayo Ojo     Federal Allocation     Isiaka Alikinla     Rotimi Atere     David Oyedepo    

Cloud Tag: What's trending

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

Saidu Yaro Musa     Saba Mamman Daniel     Javed Khan     Olokoba Abdullahi Ayinla     Gurei     Aliyu Muhammad Saifudeen     Olupako     Toyosi Thomas     Offa Grammer School     Aremu Odolaye     Suleiman Abubakar     Hijab     Oni Adebayo     Harafat E. Mukadam     Mahe Abdulkadir     AbdulFatai Adeniyi Dan-Kazeem     Hassan Abdulazeez Elewu     Taiwo Joseph     Oko-Olowo     JAMB     Police Commissioner     Adesoye College     Olushola Saraki     Funmilayo Braithwaite     Mohammed Katsina Ahmed     Mohammed Lawal     Lasiele Alabi Yahaya     Igbaja     Samuel Adedoyin     Sulyman Buhari     Bola Magaji     Olumide Daniel Ibitoye     Temitope Ogunbanke     Logun     Basic Education Certificate Examination     Fatima Abolore Jimoh     Igosun     Abdulkadir Bolakale Sakariyah     Idris Garuba     Dasuki Belgore     Junior Secondary School Certificate Examinations     Toyin Olayinka Tejidini     Tunde Yusuf     Vasolar Consortium     Durosinlohun Kawu     Toyin Falola     Saad Belgore     Admiralty Villa     Woro     Maimunat Oniyangi     Kassim Babamale     Rapheal Ashaolu     Otoge     Ahmed Ayinla Jimoh     Isiaka Alikinla     Nurudeen Muhammed     Omotoso     Joseph Bamigboye     Halimah Perogi     Taibat Ayinke Ahmed     ASUU     CACOVID Palliatives     Abdulrauf Yusuf     Kwara Primary Health Care Development Agency     Kwara Teaching Service Commission     Modibo Kawu     Chartered Institute Of Personnel Management Of Nigeria     UNILORIN Alumni Association     Alliance For Democracy     Durosinlohun Atiku     Peculiar Allowance     Aishat Sulu-Gambari     Wahab Agbaje     Toyin Abdullahi     Katibi Ibraheem Adeola     Mogaji Aare     Dar-Al-Handasah Consultants