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.

Bolaji Abdullahi     Shero     Kamoru Kadiri     Bisi Oyeleke     Kolade Solagberu     Ilorin Central Mosque     Mahmud Durosinlohun Atiku     Yusuf Ibitokun Sherifat     George Innih     Aremu Bose Deborah     KWASIEC     Ayinde Oki     Ola Falade     Post-utme     Taofik Abiodun Ahmed     General Tunde Idiagbon International Airport     Pilgrims Board     Offa     Riskat Opakunle     Olanrewju Okanlawon Musa     Abdulsalam Firdaous Amosa     Yusuf Abdulwahab     Public Holiday     Seni Saraki     Roseline Oni Aremu     Wasiu Odewale     Umar Sanda Yusuf     Ajibike Katibi     ASKOMP     Gobirawa     Lanre Olosunde     IESA     Oluronke Adeyemi     Florence Saraki     Women Radio     Centre For Peace And Strategic Studies     LEAH Charity Foundation     Ghali Alaaya     Saka Asiat Ayinke     Yusuf Amuda Abubakar     Chief Imam Of Offa     Firdaos Amasa     Vasolar     HYPPADEC     Quranic Recitation Competition     Titus Suberu-Ajibola     Rafiu Ibrahim     Kunbi Titiloye     Moses Rahman Popoola     Yahaya A Paniyaro     Lukman Oyebanji Fagbemi     Jide Ashonibare     Olatunji Bamgbola     Okanlawon Taiwo     Centre For Community Empowerment And Poverty Eradication     Abdulkadir Bolakale Sakariyah     Mohammed Lawal Bagega     ITEM 7     AbdulQowiy Olododo     Abraham Ojo     Sherif Shagaya     Suleiman Yahya Alapansapa     Chief Imam Of Lafiagi     Iyabo Dupe Adekeye     Gurei     Azeez Bello     Abdulrazaq Sanni     Elekoyangan     Raji Ayodele Kamaldeen     Kwara State Internal Revenue Service     Kunle Akogun     Overland     Afonja Descendants Union     Akom Construction And Engineering Synergy Ltd     C2c@kwarastate.gov.ng     KWASEIC     Rafiu Ajakaye    

Cloud Tag: What's trending

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

Ilorin Central Mosque     College Of Health     Ajibike Katibi     Saad Belgore     Ibrahim Gambari     Yomi Ogunsola     Nnazua     KSIRS     Sardauna Of Ilorin     Iqra Books     Turaki Of Ilorin     SARS     PharmAccess Foundation     Abdulmumini Jawondo     Salihu Alhaji Musa     Senate     Kunle Okeowo     Oluwarotimi Boluwatife Adenike     Sola Saraki Educational Foundation     Jelili Yusuf     Saka Abimbola Isau     Idiagbon     Oko Erin     Haruna Tambiri Mohammed     Seed Technologies     Ibrahim Abdulkadir Abikan     Toyin Olayinka Tejidini     Agboola Babatunde     Kwara State Football Association     Ilorin Innovation Hub     Soffiyyallah Kamaldeen     Elese Of Igbaja     Kola Ologbondiyan     High Court     Funmilayo Zubair     Share/Tsaragi     Elerin Of Adanla     Saliu Mustapha     Adaramaja     Adamu Attah     Ajuloopin     Dorcas Afeniforo     Jimba Babatunde     Okedare     Quareeb Islamic Association     Yashikira     Tsado Manman     Sidikat Uthman Ajibola     Tayo Alao     Grillo     David Oyerinola Adedunmoye     Yakub Ali-Agan     Idris Amosa Saidu     Sayomi     Oye Tinuoye     Idofin     NTA Ilorin     Kawu     Malete     Zubair Folorunsho Erubu     Tafida     Igbomina     Funmilayo Braithwaite     Stephen Fasakin     Nupe     Issa Memunat Moyosore     EFCC     Yakubu Dogara     Nigerian Supreme Council For Islamic Affairs     Ayedun     Turaki     SWAN     Abdulfatah Ahmed     Ayo Salami     Bamidele Adegoke     Babata     Atiku Abubakar