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.

Laolu Saraki     Harrison Osauwagboe     Mohammed Abdulahi     Pakata Development Association     Toyosi Thomas     Peter Obi     Maryam Nurudeen     Abubakar Olusola Saraki     Lanre Olosunde     Erubu Oba Zubair     Lucky Omoluwa     Abdulrauf Aliyu     Volunteers Of Ilorin Community And The Emirate     Centre For Peace And Strategic Studies     Garment Factory     IHS Towers     Colleges Of Education Academic Staff Union     Patience Jonathan     Amina Susa\'a De Ahmed     Ayinde Oki     Oke-Ode     Aliyu Adebayo     Khairat Gwadabe     Kwara Poly     Students Union Government     Abdul-Rahoof Bello     Ridwan Agboola     Maigidasanma     Funmilayo Mohammed     Abdulmumin Yinka Ajia     Law School Scholarship     Suraj Tunji Oyewale     Kwara State University Of Education     Oluwole Dupe     Isiaka AbdulRazaq     Femi Gbajabiamila     Sheikh Alimi     Neo Mundo Ltd     Olatunde Olukoya     Afolasade Opeyemi Kemi     Quareeb     Sa\'adu Salau     Oro Grammar School Old Students Association     Kwara-SAPZ Project     Mohammed Halidu     Kola Olota     Veterinary Teaching Hospital     Ike Ekweremadu     Code Of Conduct Bureau     Folaranmi Aro     Turaki     Adedipe     Abdulquowiyu Olododo     Imodoye Writer’s Enclave     Facemasks     Rasheed Jimoh     Micheal Imodu-Ganmo Road     Ilorin Emirate Staff Association     Olatomiwa Williams     Ubandoma     Moro     Wahab Agbaje     Tunde Oyawoye     Ahmed     KWASSIP     Toyin Olayinka Tejidini     Ibraheem Adeola Katibi     Ibrahim Issa Jetti     Olomu Of Omu-Aran     Maigida     Abubakar B.M     Abdulmumini Sanni Jawondo     Abubakar Ndakene     KWATMA     Abdulrahman Abdulrasaq     Valsolar Consortium     Ahmed Shuaib Buranga    

Cloud Tag: What's trending

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

Issa Baba     Nigerian Medical Association     Alfa Yahaya Road     Ibrahim Oloriegbe     Folajimi Aleshinloye     Abubakar B.M     Muslim Media Watch Group Of Nigeria     Bukola Ajikobi     Ilorin Muslim Community     Rotimi Oyedepo     Ahmad Lawan     Ilota     Ilorin Water Reticulation     Olubukola Kifayat Adedeji     Ekweremadu     Halimah Perogi     Gbadeyan Gbadura Yomi     KFA     Hamidat Sulyman-Yusuf     Chartered Institute Of Personnel Management Of Nigeria     JSSCE     Ilorin Likeminds Foundation     Otuka     Bayo Ajia     Kola Olota     Gobir     Moses Adekanye     Kayode Issa     Olokoba Abdullahi Ayinla     Oju Ekun Sarumi     Abdullahi Dasilva Yussuf     ENetSuD     Aliyu Kora-Sabi     Daud Adeshola     Alimi     Esinniobiwa Quareeb     Kannike     Cornelius Adebayo     Olomu     Ariyo     Abdulwaheed Musa     Sobi Hill     National Broadcasting Commission     Ilorin Like-Minds     Niyi Ogundiran     Ahmad Olanrewaju Belgore     Lateef Alagbonsi     Mubarak Oladosu     Theophilus Oyebiyi     Ayoade Akinnibosun     Kabir Shagaya     Deji Ajani     Hydroelectric Power Producing Areas Development Commission     Bolaji Abdullahi     Ademola Kiyesola     Ella Supreme Tissue Paper     Ilorin.Info     NIPOGA     Saraki     Makama Of Ilorin     Kwara Basketball Association     Oluwatoyin Lukman     Muhammadu Gobir     Stephen Fasakin     Umar Bayo Abdulwahab     Monkey Pox     Shuaibu Yaman     Alaro     Oyedun Juliana Funke     Government Girls’ Day Secondary School Pakata     Abdulbaqi Jimoh     Olumide Daniel Ibitoye     Salami Adekunle     Justina Oha     Ishola Abdullahi     QuickWin     Zubair Folorunsho Erubu