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.

Okin High School     Babaloja-General     Zainab Abass     Saad Belgore     Kwasu     Tunji Ajanaku     Olayinka Jelili Yusuf     Split Diamond Interchange     Funmilayo Zubair     Quranic Recitation Competition     Jimoh Bashir     Shola Odetundun     Abdulkadir Bolakale Sakariyah     Abraysports FC     Igbomina     Eleja Taiwo Banu     Kolawole Bashirat     Siddiq Adebayo Idowu Salawu     Lola Olabayo     Guber Aspirant     Y.A. Abdulkareem     Olofa Of Offa     Alabere     SSUCOEN     PAACO-PCL Consortium     Sarah Jubril     Asa     Bilikis Oladimeji     Kwara State Fire Service     Jide Ashonibare     Dar-Al-Handasah Consultants     Colleges Of Education Academic Staff Union     Raliat Islamic Foundation     Jumoke Gafar     Senior Staff Union Of Colleges Of Education     Air Peace     Abdulrasaq Alaro     AbdulHakeem Ajibola Akanbi     Kishira     Esuwoye     Salihu Jibril Garbi     Ilorin West/Asa Federal Constituency     Isau     Baakini     Abikan     Hamid Bobboyi     Shagari     Abdulrazaq Akorede     Ibrahim Taiwo Road     March 18     Bello Abubakar     Oba David Oyerinola Adedunmoye     Matthew Babaoye     Deji Ajani     Iyaloja-General     Aishat Sulu-Gambari     Mope Dasuki Belgore     Idiagbon     Mohammed Abduraheem     Ahmed Idris Mohammed     Yusuf Aiyedun     Haashim Initiative For Community Advancement     Adesina Simon Sodiya     Suleiman Alege Kuranga     Amuda Aluko     Idris Amosa Saidu     Offa     Mohammed Abdulahi     Sola Saraki University     Gbugbu     KWASEIC     Crystal Corner Shops     Forgo Battery Company Limited     Timothy Akangbe     Yakubu Mohammed Abdullahi     Kwara Teaching Service Commission     Yusuf Olaolu Ali    

Cloud Tag: What's trending

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

Emmanuel Bello     CCEPE     Saba Mamman Daniel     Savannah Centre For Diplomacy, Democracy And Development     ER-KANG     SDP     Titus Suberu-Ajibola     IHS     MAI Akande     Ibrahim Akaje     Oloruntoyosi Thomas     Obasanjo     Saka Abimbola Isau     Raji AbdulRasaq     Razaq Ayobami Akanbi     Abubakar Atiku     Kwarareports     IHS Towers     Sulyman Buhari     Odo-Owa     Asiwaju Bola Tinubu     Amuda Aluko     Saka Adeyemo     Haruna Tambiri Mohammed     Ibrahim Gambari     VADA     Ahmed Alhasssan     Abubakar Ndakene     Oluwatoyin Lukman     ASUU     Yaru     Alliance For Democracy     Kwara Coalition Of Business And Professional Associations     Opobiyi     Ilorin Innovation Hub     Olabimpe Olani     Adama Isa     Baboko     Aliyu Adebayo     Nigerian Correctional Service     Sarah Alade     AGF Abdulrazaq     Idris Amosa Oladipo Saidu     Dorcas Afeniforo     Basic Education Certificate Examination     Iyabo Adewuyi     General Hospital, Ilorin     Yinka Aluko     Aliyu Salihu     Bisi Kristien     Chief Of Staff     KWSUED     Umar Ayinla Saro     Arinola Lawal     Iyiola Oyedepo     Yusuf Amuda Aluko     Pategi     Ubandawaki     Abdulrahman Abdulrasaq     Jawondo     Taofik Abiodun Ahmed     Coalition Of Kwara North Groups     Moses Rahman Popoola     Bureau Of Lands     Alabi Lawal     ITP     Ilesha-Gwanara     NITDA     Oyin-Zubair     Abdulrahman Iliasu     Joana Nnazua Kolo     Akeem Olatunji     SSUCOEN     Ahmad Lawan     Alapansapa     Kwara State Internal Revenue Service     HICA