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.
KWIRS Olateju Lukman Imam Gambari Ubandoma Of Ilorin Sabo-Oke Temitope Ogunbanke NIRSAL Sobi Hill Towobola Abdulrahman Toyin NaAllah Folashade Omoniyi Olusola Saraki David Adesina Okasanmi Ajayi Law School Scholarship Ramadan Abubakar Ndakene Garuba Alikinla Shittu Hajj Olomu Musbau A. Akanji Baboko Primary School Federal Neuro-Psychiatric Hospital ASMAU PLAZA Suleiman Mora Omar Zulkifli Ibraheem First Lady Asa Awodun Akom Construction And Engineering Synergy Ltd Popo-Igbonna Kishira Yinka Aluko Roheemat Hammed Aliyu Muhammed KW-GIS Kamaldeen Gambari Galadima Alapado Al-Hikmah University Awoye Segun Abifarin Ojuekun Oloye Yusuf Badmus Oyun Tunde Oyawoye CCB CACOVID Palliatives AbdulGafar Tosho Moses Afolayan Ado Bayero Ilorin International Airport Timothy Akangbe Prince Sunday Fagbemi Ile Arugbo Clara Nwachukwu Abdulmumini Sanni Jawondo Mohammed Kamaludeen Yunus Oniboki Elesie Of Esie Saheed Akinwumi Bisi Oyeleke Kupchi Hosea Maxwell Wahab Agbaje Olupako Quarry Royal Valley Amuda Bembe Monthly Sanitation Baaziki Sulaiman Aishatu Ahmed Gobir Yusuf Abdulraheem Saidu Isa Abdulrosheed Okiki Abubakar Olusola Saraki Raimi Iyanda Yusuf Amuda Aluko

