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.
Ijagbo Health Centre Zubair Folorunsho Erubu Code Of Conduct Tribunal Harrison Osauwagboe Mahee Abdulkadir Tunji Arosanyin Sa\'adu Salahu Overland Yomi Adeboye Olukotun Of Ikotun MAI Akande Suleiman Rotimi Iliasu Rebecca Bake Yusuf Amuda Aluko NAWOJ Solomon Edojah Mike Omotosho Abubakar B.M National Pilot Ijakadi Kwara Basketball Association National Association Of Nigerian Students Abiodun Musa Aibinu Amasa Gbadeyan Gbadura Yomi Isaac Gbenle Abioye Bello Owo Isowo Lanre Issa Onilu Kwara South Alore Asiwaju Bola Tinubu Binta Abubakar Mora Yakubu Shaaba Mohammed Danjuma Abubakar Lah ER-KANG Danladi Rasaq Jimoh Amina El-Imam Yahaya Seriki Student Learning Support Helpline Kolo Esinniobiwa Quareeb Amusa Bello Wahab Issa Kwara Consultative Forum Kisira Moses Rahman Popoola Joana Nnazua Kolo Association Of Kwara State Online Media Practitioners Isaac Aderemi Kolawole Samuel Adaramola ITP Tafida Of Ilorin Raji AbdulRasaq Salihu S. Yaru Borgu Sanitation Exercise Aisha Ahman-Pategi Abubakar Olusola Saraki Bashirat Bola Bello Bola Magaji Kamaldeen Kehinde Ilorin.Info Oke-opin Baaziki Sulaiman Basic Education Certificate Examination Bluenile Associates Aliyu U. Tilde Sunday Otokiti Mansur Alfanla Yusuf Babatunde Abdulwahab Abikan Toyin Abdullahi Jimoh Olusola Imam Obayomi Azeez

