ALLEGATIONS, COUNTER ALLEGATIONS TRAIL ALLEGED PLAN TO SELL KWARA EXPRESS
Workers of Kwara State Transport Corporation, otherwise known as Kwara Express, have raised the alarm over alleged plan by the management of the company, Kwara Holdings Limited, to sell the corporation to private owners.
The placard-carrrying workers, who carried out picketing on the company in Ilorin at the weekend, accused the management of gradual liquidation of the transport company with the aim of selling its assets, such as land, vehicles, equipment and rendering the staff redundant in preparation for outright sale to private owners.
The aggrieved workers, who raised various allegations against the management, also cited irregular payment of workers’ salary, adding that the management outfit allegedly seized the corporation’s Certificate of Occupancy with the aim of selling the land.
They also accused the management of continuous borrowing of money in the name of the corporation, “even when the corporation generates enough revenue to stand on its own”, arguing that the corporation was not liquidated as being reflected.
However, speaking with journalists in Ilorin, the Group Managing Director of Harmony Holdings, Mr Tope Daramola, said the allegations were nothing but fabrication of facts by a set of cabal among the workers.
Mr Daramola, who said his outfit came in to oversee the transport corporation when auditors brought in by the state government classified the place as insolvent, added that large sum of money was unaccounted for, while bank loan secured by the corporation was not also serviced.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Segun Ogunsola Gbenga Adebayo Valsolar-Kwara Company Limited Olayinka Oladapo Jogunola Raliat Islamic Foundation Adamu Attah Oniye Micheal Imodu-Ganmo Road IHS Towers Jimoh Olusola Imam Kayode Ishola A.G.F Abdulrasaq Oke-Oyi Alaro Baba-Isale Countryside Emerging Leaders Fellowship Razak Atunwa Azeez Salawu Abdulwahab Olarewaju Issa Musa Aibinu Emir Of Kano Rachael Obisesan Kpotum Mohammed Baba SWAN KWACOBPA Mohammed Ajia Ibrahim Monthly Sanitation Exercise Magaji Erubu Code Of Conduct Tribunal Pakata Sadiq Buhari Chikanda NaAllah Veterinary Teaching Hospital Siraj Oyewale T And K FOODS PAACO-PCL Consortium Onilorin Omu Aran Muhammadu Buhari LEAH Charity Foundation Gambari Awwal Jawondo Moses Rahman Popoola Olubukola Kifayat Adedeji Fatima Abolore Jimoh Peter Obi Abdullahi Samari IPSAS Moremi High School Jimoh Saadudeen Muhammed Pakata Patriots EndSARS Makama Of Ilorin Facemasks Ajuloopin Frootify Abdulazeez Arowona Simon Sayomi Toyin Falola Saidu Kawu Monthly Sanitation Ibrahim Taiwo Curfew Umar Yakubu Jaja AbdulHamid Adi Fatai Olodo Alabi Olayemi Abdulrazak Offa Metropolitan Club Sulaiman Gado Adama Isa Ilorin West Kazeem Adekanye Afolasade Opeyemi Kemi Magaji Are Summit University Saka Saadu

