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.
Mohammed Yisa Alaiye Afeyin-Olukuta Salihu Ajia Ibrahim Issa Jetti Col. Adedipe Oasis Muslim Care Foundation College Of Education Khairat Gwadabe Muhammad Sirajo Aliyu Yusuf Abubakar Modupe Oluwole Lateef Alagbonsi Minister Kola Shittu Lanre Aremu Omu Aran Oyedun Juliana Funke Habeeb Abdullahi Al-Ilory Akume NULGE Daud Adeshola Oyawoye Saka Keji Erubu Oba Zubair Academic Staff Union Of Universities Yahaya Abdulkareem Babaita Taofeek Ibraheem Yusuf Abdulraheem NTA Ilorin Kudirat Arinola Lawal Oke Sunna Femi Agbaje Ifelodun Borgu Abdul Jimoh Mohammed Oba Abdulkadir La\'aro Surajudeen Akanbi Ladi Hassan Adaramaja Senate Presidency Suleiman Mora Omar Dan Masanin All Confederation Of Principals Of Secondary Schools Kwara TV Kwara 2023 Oba Abdulraheem AbdulHakeem Ajibola Akanbi Ajikobi Abdul-Rasheed Na\'Allah Chief Imam Of Ilorin Oluwarotimi Boluwatife Adenike Yetunde Balogun AGF Abdulrazaq Bola Tinubu Flights To Ilorin Afin Descendants Union Of Odo-Owa Majlis For Sadakah, Zakat And Waqf Kazeem Gbolagade Wahab Egbewole Popo-Igbonna Matthew Okedare Ita-Nmo Market Ilesha-Baruba-Gwanara Agboola Abdulraheem Mohammed Ghali Alaaya Pakata Development Association Alapansapa Mustapha Akanbi Danhawa Elewu Atunwa Ilorin East/South Federal Constituency Medinat Folorunsho Salman Neo Mundo Ltd Salami Adekunle Bello John Olanrewaju

