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.

Agor Market     Abdulahi Abubakar Bata     Michael Imoudu National Institute For Labour Studies     Wahab Olasupo Egbewole     Computer Based Test     Abiodun Oyedepo     AGF Abdulrazaq     Sa\'adatu Modibbo-Kawu     Dauda Adeniran Adeshola     Bankole Omisore     Laboratory-to-Product     Inside Kwara     Salake     Elerinjare-Ibobo     Muhammed Taofeeq Abdulrazaq     AbdulGafar Tosho     Garba Idris Ajia     Balogun Fulani     Kayode Oyin-Zubair     Gaa Olobi     Igbaja     Mutawali Of Ilorin     Olaiya Victor Mobolaji     Ahmed Dankaya     Tinubu     Segun Ogunsola     Olohungbebe     Mustapha Akanbi     PPS     Kumbi Titiloye     Babaloja-General     Olaitan Buraimoh     Ayegbeni     Budo Egba     Kpotum Mohammed Baba     Afonja     Rafiu Ibrahim     Vasolar-Kwara Company Ltd     Amuda Musbau     NNPP     Adamu Ibrahim Sabi     Egbejila     Tunji Arosanyin     College Of Education     Ahmed Bayero     Law School Scholarship     Simeon Sule Ajibola     Erubu Oba Zubair     Shola Odetundun     Olosi Of Osi     University Road     MINILS     HICA     Dasuki Belgore     Muhammad Ghali Alaaya     Grillo     Suleiman Ajadi     Wahab Isa     ASMAU PLAZA     Coronavirus     Folaranmi Aro     Elekoyangan     Wakilin Mata Lafiagi     Jare Olatundun     Kwara Restoration Project     Abiodun Musa Aibinu     Kudirat Arinola Lawal     Omotoso     NURTW     Muyideen Ajani Bello     ASUU     Alfa Belgore     John Mayokun Dada     Senior Staff Union Of Colleges Of Education     Ghali Alaaya     IDPU     Kwara State Pension Board    

Cloud Tag: What's trending

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

Agboola Abdulraheem     Alaro     KSIRS     Yahya Mohammed     New Naira Notes     Unilorin     Abdulraheem Olesin     Yusuf Amuda Abubakar     Umar Gunu     Emir Of Lafiagi     Just Event Online     Kola Adesina     Bankole Omisore     Dairo Kunle Paul     Pakata Patriots     Mope Dasuki Belgore     Ubandawaki     Abdulrahman Abdullahi Kayode     Olaiya Victor Mobolaji     Chief Of Staff     Idi-Ape     Bola Tinubu     Demola Banu     Economic And Financial Crimes Commission     Coalition Of Kwara North Groups     Ishak Mohammed Sabi     Dan-Kazeem     Bursary     Lola Olabayo     Lanwa     Kwara Basketball Association     KWIRS     Isiaka AbdulRazaq     Bola Iyabo Ibiyeye Adisa     Abdulraufu Mustapha     Fatima Abolore Jimoh     Kwara State University Of Education     Otunba Taiwo Joseph     AbdulKareem Yusuf Danhawa     HYPPADEC     Sobi Hill     Bilikis Oladimeji     Sulu Gambari     Olokoba Abdullahi Ayinla     Abdulwahab Olarewaju Issa     Oyedepo     Haleeman Salman     Baakini     Alao Ayotunde     Federal Allocation     Anilelerin     Radio Kwara     Abdullahi Adisa Akodudu     SGBN     Abubakar Abdulraheem     Gafaru Olayiwola Olorisade     Raji AbdulRasaq     NTA Ilorin     Nurudeen Mohammed     Isa Aremu     Illyasu Abdullahi     Jimoh Olusola Imam     LAK Jimoh     Kwara Pdp     Tanke     Samuel Olusegun Adedayo     Abdul-Rahoof Bello     College Of Education     Moro     Kayode Oyin-Zubair     Moronfoye     Sabi     CACOVID Palliatives     Umar Saro     Sobi     David Oyepinola Adedumoye     Salman Jawondo