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.

Muhammed Danjuma     Femi Gbajabiamila     Alapansapa     Bayer Nigeria Limited     Abubakar Atiku     Sheikh Ridhwanullah     Aminat Ahmed     Tsaragi-Share     Jimoh Lambe Abdulkareem     Kwara Primary Health Care Development Agency     Lithium Deposit     Malete     AbdulRahman Saad     Yusuf Amuda Abubakar     Issa Manzuma     Overland     Olaoye B. Felix     Olatunji Bamgbola     Hakeem Idris     Yusuf Abdulkadir     John Obuh     Ilorin Metro Park     The Herald     Council Of The Wise     Joseph Yemi Ajayi     Ayo Salami     Ope Saraki     Okoolowo     Omoniyi     Public Holiday     Abdullahi Saadudeen Alikinla     Yunus Lawal     Yaman     Ahmed Ayinla Jimoh     Bureau Of Lands     Moses Afolayan     Afonja Descendants Union     Wasiu Odewale     Matthew Babaoye     Oladimeji Thompson     Senate Presidency     Mustapha Akanbi     Dairo Kunle Paul     Kwara Restoration Project     Oyeyemi Olasumbo Florence     Otunba Taiwo Joseph     Ilorin Anchor Men And Women     Adedayo Yusuf Abdulkareem     Taiwo Joseph     Kwara Teaching Service Commission     Waziri Yakubu Gobir     Muritala Olarewaju     George Funsho Adebayo     Sulyman Atolagbe Alege     Wahab Isa     Kwara TV     Ajibike Katibi     Muslim Cementary     Abdulmumin Yinka Ajia     Ndakene     VADA     Haruna Tambiri Mohammed     Segun Olawoyin     Hamidat Sulyman-Yusuf     JMK Construction Company Limited     Yakub Lai Gobir     Abdulfatah Ahmed     Bilikisu Gambari     Olomu Of Omu-Aran     John Dara     Ilofa     Abdulraufu Mustapha     Coronavirus     Ahmed \'Lateef     Saheed Akinwumi     Olota Of Odo-Owa     Baboko Primary School    

Cloud Tag: What's trending

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

Ilesha-Baruba     Christopher Tunji Ayeni     Kolade Solagberu     Funke Adedoyin     Modupe Oluwole     Abdulraheem Yusuf     Ishaq Abdulkarim     Post-utme     Tanke     Oke-Odo     Bolaji Abdullahi     Ajayi Okasanmi     Daud Adeshola     Ademola Kiyesola     Bello Bature     Moses Salami     Hamza Usman     Kupchi Hosea Maxwell     Ayobami Akanbi     Adebara     Sheikh Ridhwanullah     Ifelodun     Shoprite     Frootify     General Hospital, Ilorin     Suleiman Abubakar     Bola Tinubu     Ibrahim Jawondo     Ajibike Katibi     Ilorin Curfew     Sanusi Abubakar     Isaac Gbenle     Bilikisu Oniyangi     Salihu Ajia     Makama Of Ilorin     International Vocational Centre     Magaji Are     KWIRS     Kwara 2019     Council Of The Wise     Toyin Saraki     Danhawa     Salman Jawondo     Abiodun Oyedepo     Azeez Salawu     Nigeria Computer Society     Lanre Badmas     David Oyedepo     Mashood Abdulrafiu Agboola     Tafida     Habeeb Abdullahi Al-Ilory     Ajase-Ipo     Radio SBS     Sam Onile     Oloje     Adewuyi Funmilayo     Doyin Awoyale     Kayode Ishola     Yusuf AbdulRasheed     Oye Tinuoye     Abdulquowiyu Olododo     Sidikat Akaje     Kwara United     Chief Imam Of Offa     Inside Kwara     Muhammadu Gobir     Arik     SSUCOEN     Mustapha Akanbi     Women For Change And Development Initiative     Kayode Alabi     Shade Omoniyi     Oyeyemi Olasumbo Florence     Gbugbu International Market     GRA     Ayegbeni     Saliu Ajibola Ajia