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.
Moshood Mustapha Just Law Forum Osi Monthly Sanitation Abdullahi Biffo Aliyu Muhammed CKNG Lithium IEDPU Sheikh Ridhwanullah El-ilory Oniyangi Sobi Specialist Hospital Olosi Of Osi Saliu Ajibola Ajia Amule Rabiu Kwankwaso Ebola Aliyu Kora Sabi Dan Iya Of Ilorin Tunji Ajanaku 20 Billion Bond Forgo Battery Company Limited Medinat Folorunsho Salman Yusuf Babatunde Abdulwahab JUSUN Muhammed Danjuma Issa Baba Segun Ogunsola Oniye Share/Tsaragi Abiodun Jacob Ajiboye Rafiu Ajakaye COVID CACOVID Dankaka Kwara State Branch Of The National Library Abdulbaqi Jimoh Gwanara National Party Of Nigeria Wasiu Onidugbe Mumini Ishola Hanafi Ridwan Agboola College Of Arabic And Islamic Legal Studies UNIFEMGA Garment Factory AbdulRazaq Jiddah Irepodun Theophilus Oyebiyi Kwara Basketball Association Abdulrauf Yusuf Sunday Popo-Ola Senior Special Assistant On Student Affairs Ilorin Likeminds Foundation Yusuf Amuda Abubakar Idowu Laro Baboko Primary School Wahab Egbewole Salihu Yahaya Alloy Chukwuemeka Prince Mahe Abdulkadir Mutawali Abdulrazaq Sanni Mohammed Abdulahi Mashood Abdulrafiu Agboola Azeez Salawu Justina Oha Ibrahim Abikan Quarry Royal Valley Abraham Ojo Barakat Community Secondary School Salaudeen Oyewale Coalition Of Kwara North Groups Kayode Oyin-Zubair Segun Abifarin Raymond Olaitan International Public Sector Accounting Standards Suleiman Alege Kuranga

