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.

Habeeb Saidu     Abdulhakeem Adelaja Amao     Neuropsychiatric Hospital     Moronfoye     Ahman Pategi     UTME     Yoonus Lawal     Gbugbu     NITDA     Kwara University Of Education     2023 Elections     Alapado     March 18     Metro Park     Ifelodun     Lanre Jimoh     Kwara 2019     Lafia Aliyu Korasabi     Ilorin South Constituency     Vasolar     Ekiti     KWASEIC     Bahago     Sanitation Exercise     YAKOOYO     Garba Idris Ajia     Abdulmajeed Abdullahi     Kwara State Television (KWTV)     Abdulkadir Akanbi-Oke     Busari Toyin Isiaka     Madawaki     Tunde Oyawoye     Read With Me     Sam Onile     Jamila Bio Ibrahim     Offa Grammer School     Apata Ajele Secondary School     Erubu Oba Zubair     Wahab Agbaje     Post-utme     Lasiele Alabi Yahaya     Towoju     Ndakene     Adama Isa     AbdulRahman Saad     Oluwole Dupe     Oko     Kubra Kazum     Alore     Neo Mundo Ltd     Ijagbo Health Centre     SSA Youth     Hassan A. Saliu     Kayode Ishola     Ilorin Central Mosque     ASMAU PLAZA     Zulu Gambari     Sebastine Obasi     Sola Saraki Educational Foundation     Ishak Mohammed Sabi     Olupako     Tunji Moronfoye     Amos Bajeh     Dar-Al-Handasah Consultants Ltd     BECE     Kola Olota     Abubakar Usman Jos     KW-GIS     Babatunde Ishola Babaita     Olokoba Abdullahi Ayinla     Oba-Solagberu     AbdulRauf Keji     Revenue Court     Kayode Bankole     Sidikat Akaje     Jide Oyinloye     Tosho Yaqub    

Cloud Tag: What's trending

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

Laduba     Aiyedun     Yashikira     Abdulquawiy Olododo     Turaki     Imodoye Writer’s Enclave     Oro Grammar School Old Students Association     3MTT     All Peoples Party     PharmAccess Foundation     Tunji Olawuyi     Kamoru Kadiri     Nigeria Computer Society     Gani Saadu     Rafiu Olasile     Ilorin Durbar     Kwara State Geographic Information Service     Sardauna     Obuh     Sola Saraki University     Folajimi Aleshinloye     Baboko Primary School     Abioye Bello     Mohammed Lawal     Akorede     EFCC     Kwara Central     Bayo Lawal     Kanu Agabi     Kwara Pdp     Sunday Popo-Ola     Wahab Femi Agbaje     Bola Magaji     Innocent Okoye     Bluenile Associates     Boko Haram     KW-GIS     Yusuf Amuda Gobir     Ibrahim Akaje     Olam Food Ingredients     Basit Olatunji     Garba Ayodele Wahab     2023 Elections     Tafida Of Ilorin     Mary Arinde     Coalition Of Kwara North Groups     Ilesha Gwanara Road     HICA     Sadiq Buhari     Abdulmumini Sanni Jawondo     Ayobami Akanbi     Olokoba Sulyman     SSA Youth     Olatunde Oyeyiola     Umar Saro     Road Transport Employers Association Of Nigeria     Ahmed Dankaya     Bilikis Oladimeji     Dunmade     John Olajide Adedipe     Idowu Aremu     Tafida     Abdulrasheed Na\'Allah     Alapansapa     Kishira     Raimi Iyanda     Segun Adeniyi     Clement Yomi Adeboye     Ile Arugbo     Funmilayo Oniwa     Abdulraufu Mustapha     Omoniyi Ayinla     Roseline Oni Aremu     Danladi     Oba Mogaji Abdulkadir     Tunde Saad     Kwara Hotel