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.

C2c@kwarastate.gov.ng     Olosi Of Osi     Yusuf A. Usman     KWSUED     James Kolo     Ubandawaki     A.G.F Abdulrasaq     Christian Association Of Nigeria     Mufutau Gbadamosi Esuwoye     Raji Ayodele Kamaldeen     Olatunji Bamgbola     Kwara State Internal Revenue Service     Ilorin.Info     Centre For Community Empowerment And Poverty Eradication     Ilorin     Fatimah Abdulkadir     Transition Implementation Committee     Olatunde Michaels     Quareeb     KWTV     Saidu Yaro Musa     General Tunde Idiagbon International Airport Ilorin     Ladi Hassan     Yakubu Shaaba     SARS     Ibrahim Gambari     Hassan A. Saliu     Pilgrims Board     Imodoye Writer’s Enclave     Fatai Olodo     Ministry Of Women Affairs And Social Development     Kayode Alabi     Taibat Ayinke Ahmed     Saeedat Aliyu     David Oyedepo     Mustapha Olanipekun     Olaosebikan     Muhammad Akande Olarewaju Odunade     Raliat Elelu-Habeeb     Oluwole Dupe     Oluranti Idowu     Saheed Akinwumi     NIPOGA     Abubakar Kawu Baraje     Just Law Forum     Third Estate     Mahmud Ayinla Giwa     Yahaya Dumoye     IF-K     Clement Yomi Adeboye     Abdulganiy Abimbola Abdussalam     Ilorin Amusement Park     Diagnostic Centre     Abdulrahman Abdulrasak     KWSIEC     Alaiye     JAAC     Abdullahi Atanda     Oke Sunna     High Court     Sola Saraki University     Ilesha-Baruba     Bankole Omisore     Association Of Kwara State Online Media Practitioners     Ibrahim Akaje     Busari Alabi Alausa     Ambassador Kayode Laro     Elerinjare     Danhawa     Hassan Abdulazeez Elewu     Okanlawon Musa     Matthew Okedare     Nigerian Army     Dan Iya     Federal Allocation     AbdulHakeem Ajibola Akanbi     Bamidele Aluko    

Cloud Tag: What's trending

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

Gbugbu International Market     Clement Yomi Adeboye     Lithium Deposit     Olaiya Victor Mobolaji     Gobir Organization Foundation     Saidu Kawu     Musa Ayinla Yeketi     Sunday Popo-Ola     Bola Sagaya     Sheu Ndanusa Usman     Dunmade     Shuaib Olarongbe     Ojuekun     IFK     KWTV     Mohammed Abduraheem     Iyaloja-General     NYSC     Kayode Yusuf     Mufti Of Ilorin     Galadiman Ngeri     Oluranti Idowu     Apado     Olawuyi     Danhawa     Tsado Manman     Okin Biscuits     Saka Balikis Kehinde     Alagbado     Abubakar Baba     Ibraheem Abdullateef     Owo Isowo     Durbar     Tricycle Owners Association Of Nigeria     Funmilayo Zubair     Savannah Centre For Diplomacy, Democracy And Development     Dagbalodo     Salami Adekunle     Nigerian Correctional Service     Haashim Initiative For Community Advancement     Ojo Fadumila     Mohammed Ajia Ibrahim     Oniyangi     Tinubu Legacy Forum     KWSUED     Omoniyi M. Ayinla     Abegunde Goke     Saad Omo\'ya     Monthly Sanitation     Ndama Al-hassan     Sayomi     Ishola Balogun Fulani     Is\'haq Modibbo Kawu     AbdulFatai Adeniyi Dan-Kazeem     Abdulazeez Arowona     Alfa Yahaya Road     Abdulrosheed Okiki     Oke-Odo     College Of Health     Twitter     Mohammed Kamaludeen     Aso-ofi     Sherif Shagaya     20 Billion Bond     Azeez Salawu     Mazars Consulting     Millennium Development Goals     Ita-Nmo Market     Kwara State Television     Lola Olabayo     Yaru     Igbaja     Yusuf Ibitokun Sherifat     Ijagbo Health Centre     Elerin Of Adanla Irese     The Herald     Femi Ogunsola