ALLEGATIONS, COUNTER ALLEGATIONS TRAIL ALLEGED PLAN TO SELL KWARA EXPRESS

Date: 2014-03-30

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.

Source

 

Cloud Tag: What's trending

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

IHS Towers     Aishatu Ahmed Gobir     Musa Ayinla Yeketi     George Innih     Dasuki Belgore     Kale Belgore     Ahmed Saidu Rufai     Henry Olaosebikan     Ahman Pategi     Sulu Gambari     James Kolo     Grillo     Hydroelectric Power Producing Areas Development Commission     Raji Ayodele Kamaldeen     Sun Qing Rong     Zubair Folorunsho Erubu     Dogara     Sarakite     Local Government Pension Board     Joseph Daudu     Facebook     Olomu     Issa Manzuma     Tunji Olawuyi     Gbenga Awoyale     Yusuf Amuda Gobir     UNILORIN Alumni Association     Raliat Islamic Foundation     S.O. Opowoye     Yusuf Babatunde Abdulwahab     Asa     Sanitation Exercise     Waheed Ibrahim     Rotimi Atere     Tafida     Offa Poly     Abdulrauf Aliyu     Ilorin International Airport     Ella Supreme Tissue Paper     Kannike     Seed Technologies     Obuh     Tunji Ajanaku     Abdulmalik Bashir Mopelola Risikatullahi     Oba Abdulrahim     Madawaki     Sulyman Atolagbe Alege     Ubandoma Of Ilorin     Adesoye College     Olatunde Olukoya     Vasolar-Kwara Company Ltd     Bamikole Omishore     Sheikh Ridhwanullah     Jare Olatundun     Kwara Liberation Group     International Vocational Centre     Kayode Bankole     Christopher Tunji Ayeni     SWAN     Joseph Bamigboye     Abdullahi Adisa Akodudu     Abdulmajeed Wahab     Kayode Oyin Zubair     Isiaka Oniwa     Gurei     Mahee Abdulkadir     Shuaibu Yaman     Sam Okaula     Akanbi-Oke     Abubakar Lah     Mogaji Aare     Joana Nnazua Kolo     Lawal Arinola Kudirat     Bilikis Oladimeji     Unilorin FM     Sa\'adu Salahu     Ibrahim Abdullahi    

Cloud Tag: What's trending

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

Hijab     Tunde Saad     Congress For National Consensus     Baaziki Sulaiman     NSCIA     Olawuyi     Abdulfatai Baakini     Lanre Olosunde     Noah Yusuf     Jaiz Bank     CUTI     Ijagbo Health Centre     Eruku     Oba Of Jebba     Hamza Usman     Abdulwaheed Musa     AGM Professional Services     Ado Bayero     Saeedat Aliyu     Sambo Murtala     Susan Modupe Oluwole     John Olajide Adedipe     Khadijat Ayoola Yusuf     David Oyerinola Adedunmoye     Abdulmajeed Abdullahi     JAMB     Muhammad Sirajo Aliyu     Abubakar Olusola Saraki     Ahmad Fatima Bisola     Omar Gambari     Yusuf Abdulwahab     New Naira Notes     Dan Iya     Firdaos Amasa     Shehu Alimi Foundation     Saliu Shola Taofeek     Kwara State Printing And Publishing Corporation     Junior Secondary School Certificate Examinations     Ridhwanullah Al-Ilory     University Road     Oniwa     Abdulmumini Jawondo     Niyi Osundare     Kolade Solagberu     Emmanuel Bello     National Democratic Congress     Saraki     Student Learning Support Helpline     Muftau Akanbi Oke     Babatunde Ajeigbe     Maryam Nurudeen     Simeon Sayomi     07039448763     Binta Abubakar Mora     Taofik Abdulkareem Babaita     Mashood Abdulrafiu Agboola     Ilesha-Baruba     Islamic Development Bank     Siddiq Adebayo Idowu Salawu     Bello Bature     Ilorin Durbar     April 11     Ayodele Kuburat Olaosebikan     Salami Adekunle     Ghali Muhammed     Mopelola Abdulmaliq-Bashir     AbdulRazaq AbduMajeed Alaro     Elerin Of Adanla Irese     David Oyepinola Adedumoye     Chemiroy Nigeria Limited     Nigeria Association Of Women Journalists     Jani Ibrahim     Timothy Olatunde Fadipe     Amule Elementary School     Mohammed Ibrahim     Iliasu     Read With Me