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.
Iliasu Galadiman Ngeri Segun Olawoyin Senior Ibrahim Suleiman Lola Olabayo Alfa Modibbo Belgore All Peoples Party Abraysports FC MAI Akande Akom Construction And Engineering Synergy Ltd Abdulhakeem Amao Code Of Conduct Olota Of Odo-Owa JSSCE Ibraheem Adeola Katibi Siraj Oyewale Post-utme Federal Polytechnic Offa Titus Ashaolu Isin Elelu Bankole Omisore Aisha Gobir Harrison Osauwagboe Oniwasi Agbaye Afolabi-Oshatimehin Unilorin Chemiroy Nigeria Limited Kwara Coalition Of Business And Professional Associations Age AbdulKareem Ilorin Amusement Park Mahmud Babatunde Baker QuickWin Tunji Oyawoye SDP Tunde Mukaila Mustapha Shade Omoniyi Shehu Adaramaja Olufolake Abdulrazaq High Court Justina Oha Taofeeq Olateju Folashade Omoniyi Jelili Yusuf Omotosho Gamji Members Association Yakubu Gobir Hijaab Olateju Lukman Oyin-Zubair Taibat Ayinke Ahmed Yakubu Shaaba Sheikh Hamzat Yusuf Ariyibi Centre For Peace And Strategic Studies Alabi Lawal Yakubu Dogara Tsaragi 2023 Elections Yoruba Olukotun Of Ikotun Abiodun Musa Aibinu Bamidele Adegoke Oladimeji Babaita Usman Rifun Iyaloja-General Police Commissioner Kwara North Daud Adeshola Ramadhan Orisun Igbomina SGBN Babatunde Idiagbon Dan Iya Muhammad Mustapha Suleiman Sobi Specialist Hospital Atunwa NSCIA

