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.

Ghali Alaaya     Kwara Consultative Forum     Yusuf Amuda Gobir     Tanke     Age AbdulKareem     Al-Adaby     Abdulrazaq Aiyelabegan     Kwara State Polytechnic     Kwara South     Isiaka Alikinla     Sebastine Obasi     Ibrahim Agboola Gambari     Bamikole Omishore     Oluronke Adeyemi     Mohammed Abduraheem     Kwasu     International Aviation College     Olayinka Olaogun     Tayo Awodiji     Sai Kayi     Senate     Bolakale Ayo     Oba Mogaji Abdulkadir     University Road     Kemi Adeosun     Bola Ahmed Tinubu     Omupo     Arinola Fatimoh Lawal     Shero     Okiki     Salau Kabiru Abdullahi     Kazeem Gbolagade     Salihu Alhaji Musa     HYPPADEC     Jawondo     NIPOGA     COEASU     Bilikisu Oniyangi     Ibrahim Issa Jetti     Adewuyi Funmilayo     Tunji Moronfoye     Suleiman Ajadi     Al-Hikmah Radio     Muslimah Entrepreneurship Forum     Shonga Farm Project     Justina Oha     MATTA Girls Foundation     Kassim Babamale     Ayodele Olaosebikan     Usman Rifun     Yahaya Muhammad     Ahmad Fatima Bisola     Iyabo Adisa Ibiyeye     Shaaba Lafiagi     Olushola Saraki     John Kehinde Salako     Olabode Towoju     Freshvine Nigeria Limited     Abdulbaqi Jimoh     MAI Akande     Abdulmajeed Abdullahi     Tunji Oyawoye     Clara Nwachukwu     Emir Of Shonga     Lafia Aliyu Korasabi     Sa\'adu Salau     IHS     Sherif Shagaya     Yakubu Danladi     Veterinary Teaching Hospital     Asa LGEA School     Abubakar Olusola Saraki     Kupchi Hosea Maxwell     Iliasu     Local Government Pension Board     Muhammed Mahe Abdulkadir     Iqra Books    

Cloud Tag: What's trending

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

Abdulraheem Olesin     Toyin Abdullahi     Sola Saraki Educational Foundation     Gbajabiamila     Valsolar-Kwara Company Limited     Ilorin Water Reticulation     Tricycle Owners Association Of Nigeria     Pius Abioje     Bola Shagaya     Rueben Parejo     Awili Pedro     Kwara Pdp     Garba Idris Ajia     Ilorin South Constituency     BECE     Sarakite     Ibrahim Mohammed     Haleeman Salman     Saheed Alakoso     Ibrahim Bio     Kwara Basketball Association     Eleja     Obasanjo     Kehinde Baale     Babata     Kwara State Sports Commission     Sulyman Abdulkareem     Kolawole Akande     Arik     Bashiru Makama     Kamaldeen Ajibade     Kola Shittu     Sa\'adu Salau     Wahab Abayawo     Sa\'adu Salahu     Ilorin Durbar     Dele Momodu     Odolaye Aremu     Alao Ayotunde     Mohammed Abdulahi     March 18     Amina El-Imam     Tsado Manman     Kwara State Football Association     Ekweremadu     Frootify     Omotoso     Goodluck Jonathan     Christopher Tunji Ayeni     Lucky Omoluwa     Ibrahim Issa Jetti     Toyin Olayinka Tejidini     Kayode Laro     Samuel Elizabeth Keatswa     Tescom.kwarastate.gov.ng     Saliu Ajia     Moses Rahman Popoola     Ayoade Akinnibosun     Olokoba Sulyman     QuickWin     Sulyman Buhari     Mike Omotosho     Baruba     Gbenga Adebayo     Omoniyi Ayinla     Adewuyi Funmilayo     Abdulrahman Abdulrazak     International Public Sector Accounting Standards     Halidu Danbaba     Olatunde Michaels     Dele Belgore     Joseph Daudu     Gbugbu International Market     Offa Metropolitan Club     General Hospital, Offa     Tanke Flyover Bridge     Iyabo Dupe Adekeye