ALLEGATIONS, COUNTER ALLEGATIONS TRAIL ALLEGED PLAN TO SELL KWARA EXPRESS
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.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Plat Technologies Limited Al-Adaby Joseph Alex Offorjama Iliasu Aliyu Salihu Saheed Akinwumi Simeon Sayomi Tunji Ajanaku Age AbdulKareem Esinniobiwa Quareeb MATTA Girls Foundation Emir Of Lafiagi Abubakar Usman Jos Lanre Issa Onilu John Obuh Muslimah Entrepreneurship Forum Yusuf Amuda Aluko Olatunji Abdulmumeen Harrison Osauwagboe Moses Adekanye Oro Grammar School Old Students Association ASKOMP Olatunji Ibrahim Law School Scholarship Bayer Nigeria Limited Aminat Ahmed Ayodele Shittu Shuaib Jawondo Ibrahim Akaje Economic And Financial Crimes Commission Ado Bayero Kwara State Football Association Dan-Kazeem Lukman Oyebanji Fagbemi Fatimah Abdulkadir T And K FOODS Alao Ayotunde KWACOBPA PAACO-PCL Consortium Post Utme Sobi Hill Okedare Ibraheem Abdullateef Suleiman Ajadi Bola Tinubu Siraj Oyewale Albert Ogunsola Otuka Oba Abdulrahim IHS CUTI Baba Adini Of Kwara State Rotimi Oyedepo Ijakadi Seni Saraki Gaa Olobi Vasolar Consortium Yekeen Alabi TIC General Tunde Idiagbon International Airport Ilorin Split Diamond Interchange Kwara Poly Sarafadeen Kayode Akorede Habeeb Abdullahi Al-Ilory Amos Justus Sayo Moshood Mustapha Henry Olaosebikan Kola Bukoye Jeunkunu-Malete-Bani Kayode Zubair Arinola Fatimoh Lawal Senate President Abdulfatah Ahmed Idris Garuba Toyin Falola Bankole Omisore Guber Aspirant

