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.

Doyin Group     Adamu B. Yaqubu     Ijagbo Health Centre     Roseline Oni Aremu     Oladipo Akanmu Tolani     Economic And Financial Crimes Commission     Okala Baba     First Lady     Tunji Arosanyin     Soffiyyallah Kamaldeen     VADA     Folajimi Aleshinloye     Baakini     Shehu Alimi Foundation     CLAY POT     Mohammed Haruna     Rachael Obisesan     Road Transport Employers Association Of Nigeria     Oko     Geri-Alimi Split Diamond Interchange     Vasolar-Kwara Company Ltd     Michael Imoudu National Institute For Labour Studies     Justina Oha     Salman Alada     Grillo     Kudirat Arinola Lawal     Sulu Gambari     EndSARS     Idi-Ape     Henry Makinwa     NTA Ilorin     Lithium Deposit     Ahmad Olayiwola Kamaldeen     Issa Manzuma     Mohammed Ghali Alaaya     JUSUN     Abdullahi Saadudeen Alikinla     Clara Nwachukwu     Sabo-Oke     Arinola Lawal     AbdulHamid Adi     Muslimah Entrepreneurship Forum     JMK Construction Company Limited     Ganmo Power Sub-Station     Laduba     Victor Gbenga Yusuf     NIPR     Offorjama     Kamaldeen Ajibade     John Dara     March 18     Abdulkadir Bolakale Sakariyah     Igbomina     Saka Abimbola Isau     Kumbi Titiloye     Sunday Popo-Ola     Undergraduate Bursary     Offa Grammer School     Suleiman Mora Omar     Yahaya Seriki     Umar Ahmed Gunu     Ayodele Kuburat Olaosebikan     Ahman Patigi     Christopher Odetunde     Ibrahim Oniye     Mary Kemi Adeosun     Toyin Olayinka Tejidini     Temitope Ogunbanke     Salau Kabiru Abdullahi     Mahfouz Adedimeji     Ayobami Akanbi     Agbarigidoma     Tosin Saraki     Abiodun Abdulkareem     Transition Implementation Committee     Adewuyi Funmilayo     SARS    

Cloud Tag: What's trending

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

Olusola Saraki     Muideen Olaniyi Alalade     Yusuf Abdulraheem     Yusuf Ali     Razaq Ayobami Akanbi     Noah Yusuf     Ibrahim Issa Jetti     Gamji Members Association     Rasaq Jimoh     Sardauna     Amule     Onilorin Of Ilorin     Moshood Kashimawo Abiola     Ubandoma     Seni Saraki     Police Commissioner     Valsolar Consortium     Manzuma     Erin-ile     Hassanat Bello     Hijaab     Chief Imam Of Offa     Quareeb Islamic Association     Marufat Oladosu     Ilorin West     Toyosi Thomas     Inside Kwara     Opobiyi     Afolasade Opeyemi Kemi     Clement Yomi Adeboye     Kwara Polytechnic     Democracy Day     Atiku Abubakar     Yoonus Kola Olatinwo     Dar-Al-Handasah Consultants Ltd     Kwara State Council Of Chiefs     Lafia Aliyu Korasabi     Oke-Kura     Tope Daramola     Ilorin Metro Park     Musa Ayinla Yeketi     Mumini Ishola Hanafi     Muyideen Ajani Bello     IYA YUSUF     Eleyele     Oyedun Juliana Funke     Abdulrahman Abdulrazak     Jaiz Bank     Galadiman Ngeri     Oba Abdulkadir La\'aro     AbdulRazaq AbduMajeed Alaro     Sobi Specialist Hospital     JAMB     Kwara South     Funmi Salau     Maryam A. Garuba     Abdulfatah Ahmed     Basit Olatunji     NaAllah     Shuaibu Yaman     Trader Moni     Erubu     Lawal Olohungbebe     Awili Pedro     NFAI     Moses Rahman Popoola     Islamiya Abdulraheem     IEDPU     Bisi Kristien     Sai Kayi     Muhammad-Mustapha Suleiman     Photo News     Soffiyyallah Kamaldeen     Abdulkadir Bolakale Sakariyah     Sabi     Ahmad Olayiwola Kamaldeen     Oluwatoyin Lukman