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.

Samuel Elizabeth Keatswa     John Dara     Kwara 2023     KWACOBPA     Centre For Peace And Strategic Studies     Agor Market     Aishat Sulu-Gambari     Government High School Adeta     Muhammed Abdullahi     Olusin Of Ijara Isin     Abdulquowiyu Olododo     Oba Sulaiman Asude     Ijagbo Health Centre     Jide Oyinloye     Adegoke Bamidele     Hassan Abdulazeez Elewu     Kazeem Adekanye     Kayode Oyin Zubair     Salman Alada     Kwara State Branch Of The National Library     Ayobami Akanbi     Emmanuel Bello     Mohammed Ibrahim     Adamu Attah     Mohammed Lawal     Ibrahim Bio     Nigeria Computer Society     Abdulhakeem Adelaja Amao     Yusuf Amuda Abubakar     Taofik Mustapha     Dan Masanin     Ado Ibrahim     AbdulKareem Yusuf Danhawa     Yahaya Seriki     NAWOJ     Atiku     Sulu Babaita Isiaka     Shaaba Lafiagi     Read With Me     Abdulraheem Olesin     Tinubu Legacy Forum     Ilofa     Kwara North     Yusuf Abdulraheem     2023 Elections     Malete     Opolo Global Innovation Limited     Oja-Oba     Kassim Babamale     Government High School (GHS), Adeta     Ophthalmological Society Of Nigeria     Unicontinental Construction Company     Junior Secondary School Certificate Examinations     Chikanda     TIC     Minimum Wage     Kabir Shagaya     Alaiye     Christian Association Of Nigeria     Quareeb     Dauda Adesola     Abdulkadir Akanbi-Oke     Gafaru Olayiwola Olorisade     Ilorin Talaka Parapo     Abdulhakeem Amao     George Innih     Mohammed Danjuma     Abegunde Goke     Jimoh Saadudeen Muhammed     Monthly Sanitation     Yahaya Jibril Usman     Muhammed Aliyu     Fola Consultant     Bukola Saraki     Isiaka AbdulRazaq     Trader Moni     Olaiya Lawal    

Cloud Tag: What's trending

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

Yahaya A Paniyaro     Gbemisola Saraki     Marafan Shonga     Aliyu U. Tilde     Oke-Kura     Lanre Olosunde     Osuwa     Shola Odetundun     Valsolar Consortium     Sabo-Oke     Turaki Of Ilorin     Adeleke Ogungbe     Saba Jibril     Saliu Ajia     Muhammed Akanbi     Ilesha-Baruba     Garment Factory     Amule Elementary School     Kwarareports.com     NIRSAL     Afolabi-Oshatimehin     Tinubu Legacy Forum     Monthly Sanitation     Yahaya Dumoye     Oasis Muslim Care Foundation     Aishat Sulu-Gambari     Shehu Adaramaja     African Democratic Congress     Olaitan Adefila     Twitter     Elections     Kudirat Arinola Lawal     CCEPE     Ibrahim Orire     Share/Tsaragi     Olokoba Abdullahi Ayinla     KW-GIS     Bibire Ajape     Bio Ibrahim     Okiki     Muhammad Yahya     Maigida Soludero Transit     Oba Abu     Aliyu Alhassan     Ejidongari     Mary Kemi Adeosun     Hassan Oyeleke     Okanlawon Musa     Baboko     Ojo Fadumila     Niyi Ogundiran     Gbajabiamila     Abdulfatai Salman Baakini     Donatus Ejidike     Elelu     Adam Abdullahi Al-Ilory     Tsaragi/Share     Abikan     Chief Of Staff     Funmilayo Isiaka Oniwa     Isiaka Abdulrazak     Abdulrosheed Okiki     Umar Sanda Yusuf     Chief Imam Of Lafiagi     TESCOM 2025     Babatunde Ajeigbe     COVID-19 Palliatives     Laduba     Erubu     Baba Isale     Tafida Of Kaiama     Abdullahi Adisa Akodudu     Haliru Dantoro     AGF Abdulrazaq     Ilorin Central Mosque     Ogidi-Oloje     Oloyede