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.

David Oyepinola Adedumoye     Olaiya Lawal     Oladimeji Thompson     Afeyin-Olukuta     Yakubu Gobir     Ayo Salami     Olatunji Moronfoye     Mohammed Tunde-Jimoh     Kulende-UITH     Pius Abioje     General Tunde Idiagbon International Airport     Abdulkadri Ahmad Alaiye     Jimoh Lambe Abdulkareem     Biliaminu Aliu     Al-Hikmah Radio     Orire     Mutawalle     CCB     Kisira     Photo News     National Union Of Road Transport Workers     Edret Sabi Abel     Nigeria Foundation For Artificial Intelligence     Arandun     Nigerian Correctional Service     MAI Akande     GANZY     Quranic Recitation Competition     Bilikisu Gambari     Lai Gobir     Khairat Gwadabe     Saidu Isa     Baboko Primary School     Baba Adini Of Kwara State     Minister     Obayomi Azeez     Offa     Tunde Oyawoye     Sulu Babaita Isiaka     Saad Omo\'ya     AbdulRahman Saad     Aisha Ahman Pategi     Saliu Ajibola Ajia     Popo-Igbonna     AGM Professional Services     Adeola Abraham     Garment Factory     Moji Makanjuola     Tunde Yusuf     Alfa Modibbo Belgore     Olawuyi     General Hospital, Offa     Saheed Alakoso     Forgo Battery     Esinniobiwa Quareeb     Bayo Ojo     Hussein Olokooba     Muslim Media Watch Group Of Nigeria     Yekini Adio     Yoruba     Peter Amogbonjaye     Tunde Saad     Ilorin East/South Federal Constituency     Erubu     Curfew     Quran     Elerin Of Adanla Irese     Yahaya Seriki Gambari     Theophilus Oyebiyi     Olaitan Buraimoh     Christian Association Of Nigeria     Agboola Abdulraheem     Abubakar Kawu Baraje     Makama Of Kaiama     Law School Scholarship     Code Of Conduct Tribunal     Olaitan Adefila    

Cloud Tag: What's trending

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

New Nigeria People’s Party     Muhammed Taofeeq Abdulrazaq     Centre For Community Empowerment And Poverty Eradication     Reuben Paraje     Kale Ayo     Illyasu Abdullahi     Isiaka Yusuf     Abdul-Rahoof Bello     Buhari     Tope Daramola     Hassan Abdulazeez Elewu     Junior Secondary School Certificate Examinations     Rapheal Ashaolu     Oniwasi Agbaye     Dankaka     Imodoye Writer’s Enclave     Isiaka Danmeromu     Garba Ado Sanni     Tinubu     Saad Belgore     Borgu     Bamidele Aluko     Dar-Al-Handasah Consultants Ltd     Cassava Growers\' Association     Bankole Omisore     Kunbi Titiloye     Yakubu Danladi     Aishat Sulu-Gambari     Segun Adeniyi     Tunde Idiagbon Road     Olayinka Oladapo Jogunola     Jamiu Oyawoye     Kwara State Geographic Information Service     Bureau Of Lands     Yaman     Federal Polytechnic Offa     Salake     Sunday Fagbemi     AGILE Programme     Apaola     Tunde Akanbi     Femtech     Olosi Of Osi     Oyedun Juliana Funke     Saliu Oluwole     Lai Mohammed     Awili Pedro     Abdul-Rasheed Na\'Allah     Oke-Ogun     Amusement Park     Muazam Nayaya     Gurei     IHS Towers     Raimi Iyanda     Ethical College     Ibrahim Jawondo     Ayinde Oyepitan     Olayinka Jelili Yusuf     Senate Presidency     AbdulRasaq Abdulmajeed Alaro     Belgore     Dapo Teni Nig Enterprise     Lawal Arinola Kudirat     Agbarere     CT Ayeni     Galadima     Baba Issa Awoye     Akom Construction And Engineering Synergy Ltd     Orisa Bridge     Erin-ile     Ilorin Emirate     Umar Adelodun     Bisi Kristien     Prince Mahe Abdulkadir     Timothy Olatunde Fadipe     Pategi     Oko-Olowo