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.

CCEPE     Olatunde Jare     Universal Basic Education Commission     Ahmed Mohammed Rifun     Shonga Farm Project     New Nigeria People’s Party     Mahee Abdulkadir     College Of Health     Muhammad Toyin Sanusi     Oniye     Alumni Association Of The Federal Polytechnic Offa     Dauda Adeniran Adeshola     Yakubu Mohammed Abdullahi     Atiku Abubakar     Olabode Towoju     Kudirat Arinola Lawal     Kwara 2019     Hussein Olokooba     Offa Metropolitan Club     Omoniyi     TESCOM 2025     Arik     Young Progressives Party     Lafiagi     FOMWAN     Oyun     Abdul Jimoh Mohammed     Issa Oloruntogun     Wasiu Onidugbe     Rotimi Oyedepo     Haruna Tambiri Mohammed     Abdulkarim Adisa     Pategi     Ibrahim Taiwo Road     Olayinka Are     Quran     Agboola Abdulraheem     Madawaki     Gbajabiamila     Jawondo     Tafida Of Ilorin     Shehu Salau     Awwal Jawondo     Bola Olukoju     Zainab Abass     Abubakar Imam     Segun Olawoyin     Aremu Bose Deborah     Mufti Of Ilorin     Chief Of Staff     Abdulganiy Abimbola Abdussalam     AbdulRauf Keji     Olokoba     Doyin Agbamu     Sulaiman Gado     Quareeb Islamic Association     Ahmad Olayiwola Kamaldeen     VADA     Balikis Jawondo     Abdulhakeem Amao     Abdulrahman Abdulrasak     Olokoba Abdullahi Ayinla     Toyosi Thomas     Jimoh Lambe Abdulkareem     Oyelere Oyinloye     Isiaka Gold     Ghali Muhammed     Saba Mamman Daniel     Isiaka Yusuf     Lawal Arinola Kudirat     Solomon Edojah     Kwara State Polytechnic     Congress For National Consensus     Tanke     Nurudeen Muhammed     Academic Staff Union Of Universities     Bukola Ajikobi    

Cloud Tag: What's trending

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

Ophthalmological Society Of Nigeria     Awili Pedro     Millennium Development Goals     Isiaka Alikinla     Shade Omoniyi     Abdulraheem Yusuf     JUSUN     Ekiti     Grillo     Oko-Erin     Abubakar Aliagan     Aliyu Sabi     Special Agro-industrial Processing Zone     Joseph Yemi Ajayi     Ayobami Seriki     Salman Alada     Malete     Omupo     Radio SBS     Musa Ayinla Yeketi     Abdulazeez Arowona     Funmilayo Mohammed     Egbejila     Moro     Oke-Ode     Budo Egba     Kawu Baraje     Lucky Omoluwa     TESCOM 2025     Olatunde Oyeyiola     Aminat Ahmed     Bahago     Raji AbdulRasaq     Modupe Oluwole     Saidu Kawu     Special Adviser On Digital Innovation     CBT     Muritala Awodun     Shuaibu Yaman Abdullahi     Adebayo Mohammed Kamaldeen     SARS     Kwarareports.com     Forgo Battery Company Limited     Oye Tinuoye     Abraham Ojo     Sango-UITH Road     Saheed Alakoso     Ibrahim Abdulqadir Abikan     Omoniyi Ayinla     Abdulrahman Abdulrasaq     Ileloke     Alikinla     Salmon Babatunde Salmon     Na\'Allah     Sidikat Akaje     Kayode Oyin-Zubair     Abdulrazaq Akorede     Tunde Saad     Quareeb     Neo Mundo Ltd     Sherif Shagaya     Mohammed Abduraheem     Government Girls’ Day Secondary School Pakata     Ibrahim Kayode Adeyemi     LEAH Charity Foundation     Lanre Aremu     Ahmad Ali     Modibo Kawu     Lawan     Folashade Omoniyi     Alfa Yahaya Road     Ali Ahmad     Ajidagba     Abdulbaqi Jimoh     ASUU     Agboola Abdulraheem     Rebecca Bake