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.

Gwanara     Eruku     Yeketi     Akeem Lawal     Galadima     Babs Iwarere     Oyedepo     Mohammed Yahaya Barki     Adebara     Ademola Kiyesola     Metro Park     Mahmud Ayinla Giwa     Al-Hikmah Radio     Akume     Mopelola Abdulmaliq-Bashir     Yahaya Abdulkareem Babaita     Bolakale Ayo     Yetunde Balogun     Tafida Of Kaiama     Yomi Ogunsola     Kumbi Titiloye     MATTA Girls Foundation     Kale Ayo     VADA     Baboko Primary School     Arinola Lawal     Oke-Odo     Ganmo     Oloye     Share/Tsaragi     Osi     Chemiroy Nigeria Limited     Oniyangi     Sulu Babaita Isiaka     Kolade Solagberu     Suleiman Ajadi     Abdulsalam Firdaous Amosa     Hamidu Olowo     Femtech     Salake     Irepodun     Code Of Conduct     Adijat Adebiyi     Adam Abdullahi Al-Ilory     Medview Airlines     Minister     Ganiyu Abolarin     Olusin Of Ijara Isin     Samuel Adaramola     Gbadeyan Gbadura Yomi     Isiaka AbdulRazaq     EFCC     Standard Organization Of Nigeria     Baba Idris     Muritala Awodun     Kayode Yusuf     Valsolar Consultoria     Ola Falade     Wahab Kunle Shittu     Shehu Jimoh     Risikat Lawal     Mustapha Olanipekun     Umar Sanda Yusuf     Jelili Yusuf     UNILORIN Alumni     Abdulazeez Arowona     Abdul-Rahoof Bello     Yinka Aluko     Olatunji Ayeni     Bilikisu Oniyangi     Kanu Agabi     CELF     Amuda Aluko     Gbugbu International Market     Buari Edun     Special Agro-industrial Processing Zone     Alagbado    

Cloud Tag: What's trending

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

Hydro-electric Power Producing Areas Development Commission     Women For Change And Development Initiative     Usman Yunusa     Omotosho     Aisha Abodunrin Ibrahim     Royal FM     Abubakar Ndakene     Abdul Jimoh Mohammed     Amuda Musbau     Abdulfatai Baakini     Opaleke Bukola Iyabo     First Lady     Kawu Baraje     Olupako Of Share     Emir Of Kano     Suraj Tunji Oyewale     Titus Suberu-Ajibola     Public Holiday     Just Law Forum     Ridwan Agboola     Abubakar Abdulraheem     Ubandawaki     Ishola Moses Abiodun     Bola Magaji     Salary     Aasiyat Bello Oyedepo     Galadiman Ngeri     Magaji Erubu     Ibrahim Oniye     Femi Oladiji     Obayomi Azeez     Oke-Oyi     Mary Kemi Adeosun     Ayo Opadokun     AbdulRasaq Abdulmajeed Alaro     Alabi Lawal     Riskat Opakunle     Kazeem Gbolagade     Odo-Owa     Abdulrahman Abdulrazak     CLAY POT     Kisira     Umar Ahmed Gunu     Olatunde Olukoya     Olumide Daniel Ibitoye     Tayo Awodiji     Oye Tinuoye     Idris Garba     Bamidele Adegoke     Olabimpe Olani     Ahman Pategi University     Saliu Mustapha     Olatunji Bamgbola     Colleges Of Education Academic Staff Union     Voices Of Tomorrow     Jaigbade Alao     Musa Alhassan Buge     Galland Marcias     Seni Saraki     Funmilayo Isiaka Oniwa     Ahmed Ayinla Jimoh     Michael Nzekwe     Oasis Muslim Care Foundation     Sarah Jubril     Bayo Ojo     Hameed Oladipupo Ali     Surajudeen Akanbi     Bayer Nigeria Limited     Chartered Institute Of Personnel Management Of Nigeria     National Broadcasting Commission     Eleja     Suleman Abubakar     Adamu Attah     Gbenga Olawepo     Oloruntoyosi Thomas     Rotimi Atere     Olaoye B. Felix