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.
Isiaka Danmeromu Tunde Kazeem Kishira CT Ayeni Basic Education Certificate Examination Apado Risikat Lawal Kayode Laro Jebba Durbar Niguel Gallando Marcias Idofin Sidikat Akaje Saad Belgore Abubakar Olusola Saraki Aliyu Salihu Elewu Kupchi Hosea Maxwell Abatemi Usman Abubakar Abdulraheem Afonja Oju Ekun Sarumi Village Alive Development Association Aliyu Kora Sabi Donatus Ejidike Sulyman Tejidini Babatunde Idiagbon Raimi Iyanda AGM Professional Services Valsolar Consultoria Abdulganiyu Oladosu Magaji Are Admiralty Villa Laduba Oba Abdulkadir La\'aro Park Bashir Badawi Oloriegbe Adewuyi Funmilayo Garuba Alikinla Shittu Sheriff Olanrewaju Raliat Islamic Foundation Women For Change And Development Initiative IYA ALFA NLA Agbarigidoma Yakubu Shaaba Opaleke Bukola Iyabo Abdullahi Imam Abdullahi Omotosho Mohammed Abdulahi Ita-Nmo Market Convocation Ceremonies Kunle Suleiman Universal Basic Education Commission John Olobayo Wakilin Mata Lafiagi Lai Mohammed Bello Bature Kwara Politics Mustapha Olanipekun Kwara Muslim Pilgrims Welfare Board Tafida Of Ilorin Hassanat Bello Kwara Liberation Group NIRSAL Sherif Shagaya Saba Jibril Abegunde Goke Ayinde Oyepitan Ahman Pategi Prince Sunday Fagbemi Christopher Ayeni Alimi Abdulrazaq Siddiq Adebayo Idowu Salawu Afolabi-Oshatimehin Adenike Harriet Jimoh Olusola Imam Arca Santa

