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.

Olaitan Buraimoh     Kwara State Polytechnic     Awoye     Saka Isau     Akorede     Ilorin Water Reticulation     Wasiu Onidugbe     Otuka     Ajia-Bako     Memunat Monsuma     Shettima Of Ilorin     Bayer AG     Lanre Badmas     Umar Gunu     Bolaji Gambari     Oke-Odo     Muhammad Akande Olarewaju Odunade     Saka Asiat Ayinke     Offa     IEDPU     David Adesina     Simeon Sayomi     KWACOBPA     Kazeem Gbolagade     Shoprite     Abubakar Usman Jos     Maimunat Oniyangi     Issa Memunat Moyosore     Kwara Liberation Group     LEAH Charity Foundation     IHS     Rafiu Ibrahim     Unilorin     Lai Gobir     PAACO-PCL Consortium     Naira Redesign     Mohammed Abdulahi     KWASIEC     Maimunat Oloriegbe     Ado Bayero     Popo-Igbonna     Abdulraufu Mustapha     Tunde Saad     Adamu Ibrahim Sabi     Yusuf Amuda Abubakar     Shehu Raheem Adaramaja     Jamiu Oyawoye     Ayoade Akinnibosun     Niyi Ogundiran     Muyideen Ajani Bello     Lawal Olohungbebe     Turaki     KWASAA     Shururat Olatinwo     Doyin Agbamu     Temi Kolawole     Ibrahim Taiwo Road     Adijat Adebiyi     Riskat Opakunle     Tsaragi/Share     Mohammed Danjuma     Damilola Yusuf Adelodun     Kwara Volleyball Association     07039448763     NSCIA     Salmon Babatunde Salmon     MalHub     New Nigeria People’s Party     Zara Umar     Ilesha-Baruba-Gwanara     Facemasks     Babatunde Ajeigbe     General Hospital, Ilorin     Aisha Ahman-Pategi     JSSCE     Yakubu Gobir     Aliyu Adebayo    

Cloud Tag: What's trending

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

Kolawole Bashirat     Economic And Financial Crimes Commission     Abdul-Rasheed Na\'Allah     Salake     Taofik Abdulkareem Babaita     Aminat Omodara     Ahmad Ali     Waheed Ibrahim     Adedayo Yusuf Abdulkareem     Offa Metropolitan Club     Ishaq Oloyede     Kwara Volleyball Association     Umar Ahmed Gunu     Osuwa     Abraysports FC     Kwara State Football Association     Abdullahi Biffo     Hamidat Sulyman-Yusuf     Irepodun     Ilorin.Info     Alfa Yahaya Road     Bisi Kristien     Abdullateef Abdussalam     Curfew     Raji Ayodele Kamaldeen     Harmony Holdings     Moses Adekanye     Muhammed Mahe Abdulkadir     Oja-Oba     Ahmed Dankaya     Katibi Ibraheem Adeola     Ademola Kiyesola     Yahaya Seriki     Muslim Media Watch Group Of Nigeria     College Of Education     Shao     Micheal Imodu-Ganmo Road     Abdulrahman Iliasu     Kwara Central     Arinola Lawal     Bilikisu Oniyangi     Iyeru Grammar School     Halimat Yusuf     HAMFAT Clinic And Maternity     Abiodun Oyedepo     Moshood Bakare     Oba Abdulrahim     Ishaq Salman     Gbenga Awoyale     Lanre Badmas     Ajia-Bako     National Party Of Nigeria     Riskat Opakunle     Abdulquowiyu Olododo     Moji Makanjuola     Akande Idowu Ayoola Muhammed     General Hospital, Ilorin     Muritala Awodun     Jide Oyinloye     Ethical College     Yinka Aluko     Haliru Dantoro     Sulyman Tejidini     Kayode Alabi     Sanitation Exercise     V.O. Abioye     Muhammad-Mustapha Suleiman     Eleja Taiwo Banu     Centre For Community Empowerment And Poverty Eradication     Raheem Adaramaja     AbdulRazaq Abubakar Jiddah     Sabi     Issa Memunat Moyosore     College Of Health     Rueben Parejo     Idris Garuba     Soffiyyallah Kamaldeen