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.
Emir Of Yashikira Kwara University Of Education Ibrahim Mashood Rueben Parejo Aliyu Sabi Bareke Ibrahim Orire Aliyu Kora Sabi Okin Biscuit Pakata Ndama Al-hassan HICA Kola Adesina Kwara NIPR Ilorin Like-Minds Raimi Iyanda IQRA College Abegunde Goke Laduba Nagode Omoniyi M. Ayinla Shehu Jimoh Alabe Mohammed Haruna Sun Qing Rong Tunde Oyawoye Mazars Consulting Seni Saraki Bolaji Aladie Nigerian Correctional Service Maigida Soludero Transit Ghali Alaaya Christopher Tunji Ayeni Ilorin Metro Park Galland Marcias Sulu Babaita Isiaka Yusuf Mubarak Yusuf Olaolu Ali Adesina Simon Sodiya Omoniyi Ayinla Saadu Alanamu Halidu Danbaba Towobola Abdulrahman Toyin Sadiq Buhari Abubakar Baba Ramadhan Kwara State Coalition Of Business And Professional Associations Offa Descendants Union Sa\'ad Alanamu Ramadan Amos Bajeh KWSIEC 07039448763 Abdulrasheed Lafia Ayegbeni Salihu Jibril Garbi Vishvas KOZ Tractors Yakub Lai Gobir Tanke Road Alimi Abdulrazaq QuickWin Shoprite Onilu Magaji Are Saka Asiat Ayinke Kwara State Football Association Kpotum Mohammed Baba Col. Taiwo Rasheed Jimoh Oke-Ogun Olatunji Bamgbola Oloye Muslim Stakeholders Of Kwara State Abdulrahman Iliasu John Obuh Rebecca Bake Wale Oladepo

