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.

Ilorin Amusement Park     Mutawalle     Saka Isau     Akom Construction And Engineering Synergy Ltd     Idowu Laro     Code Of Conduct     Lateef Fagbemi     Shuaibu Yaman     Yahya Mohammed     Kayode Yusuf     Yusuf Olaolu Ali     Adam Abdullahi Al-Ilory     Baruten     Dogara     Umar Danladi Shero     Centre For Peace And Strategic Studies     Hussein Olokooba     Ilorin General Hospital     Kaiama     Countryside Emerging Leaders Fellowship     Kwara Poly     AGILE Programme     Hamidat Sulyman-Yusuf     Bello Oyebanji     Talaka Parapo     ANCOPPS     Abdullahi Imam Abdullahi     Wasiu Onidugbe     Raji Ayodele Kamaldeen     Musa Ayinla Yeketi     Gbenga Awoyale     Yekeen Alabi     Alimi     Mohammed Yisa     Mohammed Yahaya Barki     Saad Omo Iya     Seun Bolaji     Shuaib Olarongbe     Saba Mamman Daniel     Democracy Day     Tescom.kwarastate.gov.ng     Adedeji Onimago     Oasis Muslim Care Foundation     Abdulrahman Onikijipa     Yusuf A. Usman     Titus Ashaolu     Trader Moni     Magaji Nda     Kwarareports.com     Abubakar Suleiman     Abdulrahman Abdulrasaq     Kunle Okeowo     Salake     Irepodun     Olatunde Michaels     Omupo     Student Learning Support Helpline     Kwara State Printing And Publishing Corporation     Ghali Alaaya     Muhammadu Buhari     ER-KANG Mining     Sa\'adu Gambari     Yusuf Lawal     Ileloke     Olugbense     Al-Ilory     Ahmed Bayero     FOMWAN     Vishvas KOZ Tractors     Aisha Ahman-Pategi     IYA ALFA NLA     Kale Bayero     KWASIEC     Oke-Odo     Tafidan Kaiama     Chief Of Staff     Nigerian Supreme Council For Islamic Affairs    

Cloud Tag: What's trending

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

Olusola Saraki     Okeose Christian Cementary     Rotimi Samuel Olujide     Niyi Osundare     Sola Saraki Educational Foundation     Rasheed Jimoh     Ebola     Zainab Abass     Wasiu Onidugbe     Assayomo     Agbarigidoma     Ganmo Electricity Sub-Station     Grillo     Amusement Park     Abubakar Ndakene     John Kehinde Salako     Quran     Yashikira     Abdulrahman Abdullahi Kayode     Balogin Alanamu     Coalition Of Kwara North Groups     Abdulhakeem Amao     Okala Baba     Suleiman Rotimi Iliasu     Igosun     PPS     Kwara State Television (KWTV)     Amusa Bello     Abdulraheem Yusuf     Hausa     Smart School     Yeketi     Niguel Gallando Marcias     Abubakar Imam     Kanu Agabi     Arik     Aliyu Kora-Sabi     Saadatu Modibbo-Kawu     Olumide Daniel Ibitoye     Amos Sayo     Kumbi Titiloye     Kwara-SAPZ Project     Gbemisola Oguntimehin     Pategi     Tsaragi     KWASSIP     Timothy Olatunde Fadipe     Abdulfatai Ahmed     Convocation Ceremonies     Rachael Obisesan     Kehinde Baale     Noah Yusuf     Shola Odetundun     Moses Afolayan     Galadima     Mogaji Aare     07039448763     Ahmed Shuaib Buranga     Olajumoke Monsura Gafar     Bayo Lawal     Kunbi Titiloye     Buhari     Offa Metropolitan Club     Abdullahi Biffo     Oko-Olowo     Nigerian Supreme Council For Islamic Affairs     Emir Of Kano     Oba Of Jebba     Oniwasi Agbaye     Razaq Ayobami Akanbi     Mahee Abdulkadir     Tescom.kwarastate.gov.ng     Lawyers Unite Against Corruption     CELF     Admiralty Villa     Baaziki Sulaiman     Abdulrasaq Alaro