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.

Binta Abubakar Mora     Abubakar Usman Jos     Ayobami Akanbi     AbdulRazaq Jiddah     Obasanjo     Millennium Development Goals     Kale Belgore     Offorjama     Oyin-Zubair     Ayoade Akinnibosun     UNIFEMGA     Kolo     Ado Bayero     Kwara State Television (KWTV)     Taiwo Joseph     AbdulRahman Saad     Okanlawon Musa     General Tunde Idiagbon International Airport Ilorin     Sunday Popo-Ola     Suleiman Ajadi     A.O. Belgore     Ogidi-Oloje     Students Union Government     ITP     Binta Sulyman     Saeedat Aliyu     Solomon Edoja     Christopher Odetunde     Amusement Park     Olateju Lukman     Oro Grammar School     07039448763     Emmanuel Olatunji Adesoye     Haruna Tambiri Mohammed     Alabi Lawal     Esinrogunjo     Kunbi Titiloye     Saka Onimago     Aliyu Olatunji Ajanaku     Zainab Abass     Belgore     Ahmad Uthman     Isiaka Yusuf     Isiaka Saka Opobiyi     Saidu Kawu     Iyabo Dupe Adekeye     Babatunde Ishola Babaita     Salihu Jibril Garbi     Alfa Modibbo Belgore     Salaudeen Oyewale     Mohammed Lawal Bagega     Tafida     Moji Makanjuola     Mahe Abdulkadir     Muyiwa Oladipo Kanu     Olomu Of Omu-Aran     Awodun     Henry Olaosebikan     Saka Saadu     Government Girls’ Day Secondary School Pakata     N-Power     Yakubu Gobir     Chief Imam Of Omu-Aran     Otuka     Tunji Folami     Sarafadeen Kayode Akorede     Jalala     Share     Toyosi Thomas     JMK Construction Company Limited     CCT     Sulu Babaita Isiaka     Alimi Abdulrazaq     Joseph Alex Offorjama     Geri-Alimi Split Diamond Interchange     Ajuloopin     Fola Consultant    

Cloud Tag: What's trending

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

Sabo-Oke     Okanlawon Taiwo     Saad Omo\'ya     Omupo     Segun Ogunsola     Ayoade Akinnibosun     Women Radio     Tanke     Busari Alabi Alausa     Facemasks     Shuaib Abdulkadir     Buari Edun     Kwasu     Salman Alada     Oba David Oyerinola Adedunmoye     Sobi FM     Florence Saraki     Ayinde Oki     Chemiroy Nigeria Limited     Taofeek Sanusi     New Model Police Station     IDPU     Kwara Pdp     Medinat Folorunsho Salman     Tanke Flyover Bridge     Jamiu Oyawoye     V.O. Abioye     Umaru Saro     Surajudeen Akanbi     Yashikira     Yahaya Seriki Gambari     Senate President     Yusuf Abdulwahab     Local Government     Osi     Firdaos Amasa     Raymond Olaitan     Muhammed Akanbi     Busari Toyin Isiaka     Toyin Sanusi     Kwara State Health Insurance Agency     Aminat Ahmed     Valsolar-Kwara Company Limited     Ajuloopin     Raliat Islamic Foundation     Kunle Suleiman     IYA ALFA NLA     Usman Rifun     Abdullahi Atanda     Onilorin     Saka Keji     Abdul-Rasheed Na\'Allah     Idowu Laro     Saka Asiat Ayinke     National Pilot     Oniye     Kwara United     Baboko Primary School     Oyedun Juliana Funke     Aliyu Muhammed     Nigeria Governors\' Forum     AbdulRazaq Jiddah     Www.Kwarareports.com     Abdullahi Adisa Akodudu     Oniyangi Kunle Sulaiman     Abdulraheem Yusuf     Isiaka Oniwa     Susan Modupe Oluwole     Maryam A. Garuba     Abdulraufu Mustapha     Tescom.kwarastate.gov.ng     Orisa Bridge     Oke-Ogun     Abdulkareem Alabi     Abdulganiyu Oladosu     Veterinary Teaching Hospital     Student Learning Support Helpline