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.

Societe Generale Bank Of Nigeria     Sa\'adu Salahu     Simon Sayomi     Basit Olatunji     Ayinke Saka     Suleiman Mora Omar     Transition Implementation Committee     Yemi Osinbajo     Gbemisola Saraki     Mohammed Halidu     Sheu Ndanusa Usman     Abdulraheem Olesin     Belgore     Mohammed Haruna     Bamidele Aluko     Demola Banu     Yinka Aluko     Saliu Ajia     Igbaja     Haliru Dantoro     Kehinde Baale     Yusuf Mubarak     Kwara Metro Park     Ilorin Central Mosque     Bello Oyedepo     Wahab Agbaje     Nnazua     MINILS     Olohungbebe     Peter Amogbonjaye     Radio SBS     Iponrin     Madawaki Of Ilorin     Kwarareports     Bilikisu Oniyangi     Ilorin Innovation Hub     Owo Arugbo     Sabi     Kamaldeen Kehinde     Haliru Yahaya     Laboratory-to-Product     Olaitan Buraimoh     IF-K     Onikijipa     Pakata Development Association     Kumbi Titilope     George Funsho Adebayo     Muritala Awodun     Abdulwahab Oba     Kisra     Odolaye Aremu     SSA Youth Engagement     Ohoro Of Shao     Basic Education Certificate Examination     Jimoh Bashir     Oluranti Idowu     Kale Kawu     A.G.F Abdulrasaq     Ibrahim Abduquadri Abikan     Salihu Alhaji Musa     Neuropsychiatric Hospital     Ike Ekweremadu     HYPPADEC     College Of Health     Opaleke Bukola Iyabo     Binta Abubakar Mora     Ifelodun     Ope Saraki     CCT     JMK Construction Company Limited     Babajide Ajayi     Musibau Akanji     Oniyangi     Laolu Saraki     Lola Ashiru     Taofik Abdulkareem     National Association Of Nigerian Students    

Cloud Tag: What's trending

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

Ajidagba     Elerin Of Adanla     Seed Technologies     Saliu Ajia     High Court     Tsaragi-Share     Oniyangi     NTA Ilorin     Universal Basic Education Commission     Kamaldeen Ajibade     MAI Akande     Sardauna     Esinrogunjo     Oniye     Yakub Ali-Agan     Illyasu Abdullahi     Egbejila     Adamu Ibrahim Sabi     Lawyers Unite Against Corruption     Salihu Jibril Garbi     Abdulhakeem Amao     KwaraLearn     Abdulraufu Mustapha     Abdulrazaq Sanni     Ophthalmological Society Of Nigeria     Tope Daramola     African Democratic Congress     Owo Arugbo     Ibrahim Agboola Gambari     3MTT     IDPU     Galadiman Ngeri     March 18     Mohammed Khadijat Kubura     Gamji Members Association     Ogidi-Oloje     National Information Technology Development Agency     Abubakar Lah     Baba Issa Awoye     Adedipe     Abdul-Rahoof Bello     Egbewole     Monthly Sanitation     Lola Ashiru     Allocation     Abdullateef Abdussalam     Isiaka Danmeromu     Oyeyemi Olasumbo Florence     Revenue Court     Y.A. Abdulkareem     Kwara State Branch Of The National Library     Abdulkadir Orire     Abubakar Abdullahi Bata     Harafat E. Mukadam     Igbomina     Mashood Abdulrafiu Agboola     Ubandoma Of Ilorin     Yaru     Razaq Atunwa     Mahmud Babatunde Baker     Afonja     Olaitan Buraimoh     Bursary     Kwara State Football Association     Sanitation Exercise     Umar Adelodun     Mumeen Lah     Ibraheem Adeola Katibi     Ijakadi     Oladimeji Thompson     Code Of Conduct Tribunal     Alimi Abdulrazaq     Ajibike Katibi     Razaq Ayobami Akanbi     Amos Bajeh     Yusuf Amuda Abubakar     KSIRS