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.

IESA     Allocation     Vasolar Consultoria     11th Galadima     Olabode George Towoju     Razaq Atunwa     Alfa Modibo Belgore     ITEM 7     Towobola Abdulrahman Toyin     Olomu     Flights To Ilorin     Ridhwanullah Al-Ilory     Amosa     Joseph Offorjama     Jumoke F. Ajao     Adeleke Ogungbe     Erubu Oba Zubair     Yekeen Alabi     Garba Idris Ajia     Oluwole Dupe     Sidikat Akaje     Ghali Alaaya     Okanlawon Taiwo     Tescom.kwarastate.gov.ng     Lanwa     National Information Technology Development Agency     Peter Amogbonjaye     College Of Arabic And Islamic Legal Studies     Ibrahim Orire     Emir Of Ilorin     Cassava Growers\' Association     Orisa Bridge     Kwara Consultative Forum     IYA YUSUF     Bolaji Aladie     Falokun-Oja     Ijagbo Health Centre     Oba Abdulkadir La\'aro     Damilola Yusuf Adelodun     Alaro     Women For Change And Development Initiative     Undergraduate Bursary     Countryside Emerging Leaders Fellowship     Okoolowo     Bashir Badawi     Lithium     Salau Kabiru Abdullahi     Abdulraheem Yusuf     Baba Idris     Habeeb Saidu     Funke Adedoyin     John Obuh     Kola Ologbondiyan     Yusuf AbdulRasheed     Sobi FM     Oba Abu     Esinniobiwa Quareeb     LAK Jimoh     Sardauna Of Ilorin     NIRSAL     NURTW     Ijakadi     Tanke     AGM Professional Services     Shuaib Boni Aliyu     Toyin Falola     Oba Abdulraheem     Okin Malt     Ayobola Ipinlaiye     Musa Alhassan Buge     Ifelodun     C2c@kwarastate.gov.ng     Saad Omo\'ya     Micheal Imodu-Ganmo Road     Omotoso     Usman Alkali Baba     Abdulrazaq Adebayo    

Cloud Tag: What's trending

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

Jide Oyinloye     Abdulkadir Bolakale Sakariyah     Issa Oloruntogun     Lotus Bank     NURTW     HICA     Bola Ahmed Tinubu     Obayomi Azeez     Ibrahim Abdulkadir Abikan     Kwara State Geographic Information Service     Principal Private Secretary     Senior Ibrahim Suleiman     March 28     A.O. Belgore     Madawaki Of Ilorin     Ashiru     Omotosho     Kawu     Gbugbu International Market     Harafat E. Mukadam     Olayinka Olaogun     Amuda Aluko     Christopher Odetunde     Erin-ile     Ibrahim Issa Jetti     Kwara Politics     LEAH Charity Foundation     NIPOGA     Ayo Salami     Olaiya Zuberu     Folorunsho Erubu     Eleja Taiwo Banu     Omu Aran     Salau Kabiru Abdullahi     Adama Isa     National Association Of Nigerian Students     Ilorin East     Hydroelectric Power Producing Areas Development Commission     Government High School Adeta     Ibrahim Taiwo     Fareedah Dankaka     Chief Of Staff     Bashir Adigun     Bisi Kristien     Budo Egba     Abdulkareem Alabi     Iyaloja-General     Olupako Of Share     Joseph Daudu     NULGE     Amos Bajeh     Timothy Akangbe     Adisa Logun     Simeon Ajibola     Abdulrazaq Adebayo     Ojo Fadumila     Ibrahim Abiodun     Abdullahi Adisa Akodudu     Abdulrazaq Solihudeen     Funmilayo Mohammed     Babaloja-General     Ilorin Talaka Parapo     Emir Of Shonga     Onilorin Of Ilorin     Trader Moni     Mumini Ishola Hanafi     Alimi Abdulrazaq     Oniwasi Agbaye     Abubakar Aliagan     Idiagbon     Theophilus Oyebiyi     Mogaji Aare     Maja     Abdulmumini Sanni Jawondo     Florence Saraki     Senate Presidency     Chief Imam Of Ilorin