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.

Sunday Popo-Ola     Adesoye     Abdulmumini Sanni Jawondo     Moro     Ishola Moses Abiodun     Omotoso     Yahaya Abdulkareem     UNILORIN Alumni     Code Of Conduct Bureau     Gambari     Salihu Alhaji Musa     Fatai Olodo     EndSARS     Bursary     Aasiyat Bello Oyedepo     Doyin Agbamu     Saka Abimbola Isau     Ilorin East     Modibo Kawu     Special Agro-Industrial Hub     Lotus Bank     Niyi Osundare     Kunle Suleiman     Yahya Mohammed     Solomon Edojah     Elerinjare-Ibobo     Crystal Corner Shops     Durosinlohun Kawu     Awwal Jawondo     Shagari     Adewuyi Funmilayo     Olabode George Towoju     Suwa-Arabs     Shuaibu Yaman     Clement Yomi Adeboye     Kayode Oyin-Zubair     Mohammed Tunde-Jimoh     Abdulkadri Ahmad Alaiye     Samuel Adedoyin     Olosi Of Osi     Minister     Abdulrazaq Solihudeen     Muhammad Ghali Alaaya     Aliyu Sabi     Salman Suleiman     Baruten     Laolu Saraki     Yemi Sanni     Kwara State Television     Kaosarah Adeyi     KWTV     Olusola Saraki     David Oyedepo     Universal Basic Education Commission     AbdulRazaq Jiddah     Ramadan     Ijagbo Health Centre     Yahaya Muhammad     Adedayo Yusuf Abdulkareem     Saka Saadu     TETFUND     Face Masks     Aliyu Adebayo     Aliyu Muhammad Saifudeen     Baba Idris     Bolakale Saka     Turaki     Javed Khan     Egbejila     Farouk Salim     Oloje     Summit University     Mohammed Alabi Lawal     Christopher Ayeni     Sidikat Uthman Ajibola     Pilgrims Board     A.O. Belgore    

Cloud Tag: What's trending

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

Erin-ile     Kannike     NAWOJ     Haashim Initiative For Community Advancement     Suleiman Mora Omar     Mopelola Abdulmaliq-Bashir     Ilofa     Idowu Aremu     Radio Kwara     Awoye     Ahmed Saidu Rufai     Yakub Lai Gobir     Maja     Olugbense     Ridhwanullah Al-Ilory     Yusuf Lanre Badmus     Millennium Development Goals     Boko Haram     Funmilayo Braithwaite     Elerin Of Erin-Ile     Igbomina     Adebayo Salami     Goodluck Jonathan     Asa     Usman Alkali Baba     Abdulraufu Mustapha     Olusin Of Ijara Isin     Bayo Ajia     Abdulahi Abubakar Bata     Adesina Simon Sodiya     Moji Makanjuola     Yahaya Dumoye     All Confederation Of Principals Of Secondary Schools     Sarah Jubril     Mohammed Abduraheem     Dan Masanin     Markaz Arabic And Islamic Training Institute, Agege     NURTW     Abdulwahab Olarewaju Issa     Olatunji Bamgbola     Oniyangi     Waheed Ibrahim     Ilorin Like-Minds     Lanre Olosunde     Talaka Parapo     Binta Abubakar Mora     Abdulfatah Ahmed     Sunset Workers     Kwara Teaching Service Commission     Olaiya Victor Mobolaji     Share/Tsaragi     Ibrahim Labaika     Naira Redesign     Issa Oloruntogun     Hassan Oyeleke     Sheikh Alimi     Samuel Adedoyin     Nurudeen Muhammed     Oniwa     Kayode Oyin-Zubair     Mahmud Durosinlohun Atiku     AGF Abdulrazaq     Hassan A. Saliu     Presidential Election     Al-Adaby     Mutawali Of Ilorin     Kwara     Bolaji Aladie     Aminat Ahmed     Wasiu Odewale     Mansur Alfanla     Is\'haq Modibbo Kawu     Minister     Olumide Daniel Ibitoye     Muftau Akanbi Oke     Kwara State Coalition Of Business And Professional Associations     Abdulganiyu AbdulAzeez