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.
Jeunkunu-Malete-Bani Oloje Femi Oladiji Kola Adesina Isiaka Gold Saeedat Aliyu Innocent Okoye Kwasu Kale Bayero Ronke Adeyemi Omoniyi Bashir Adigun Dan Masanin Gbemisola Oguntimehin Oke-Ode Share/Tsaragi Sheriff Olanrewaju Mogaji Aare Wahab Egbewole Olugbense Bola Ahmed Tinubu Kwara Muslim Pilgrims Welfare Board Ajeigbe Kayode Laro Ayodele Olaosebikan Ita-Ore Oba Abdulkadir La\'aro CELF College Of Health Ilorin South Constituency Colleges Of Education Academic Staff Union Kola Bukoye Sheikh Ariyibi Ahmed \'Lateef Neo Mundo Ltd SUBEB Hassan Oyeleke Asiwaju Bola Tinubu Abdulwahab Oba Danladi Kwara Liberation Group Veterinary Teaching Hospital Salman Alada Kale Kawu Centre For Community Empowerment And Poverty Eradication Abdullahi Samari Usman Alkali Baba Omar Bolaji Gambari Yakubu Mohammed Abdullahi Babaita Gbajabiamila Yusuf Abdulkadir Voices Of Tomorrow Vasolar Consortium Dauda Adesola Kolade Solagberu Sobi Hill Samuel Elizabeth Keatswa Eleyele Solomon Edoja Gbugbu International Market Raliat AbdulRazaq Olushola Saraki Chief Of Staff Isiaka Oniwa Ojo Fadumila Baruten Laduba Ajike People Support Centre Lanre Issa Onilu Toun Okewale-Sonaiya Ahmed Dauda Adeniran Adeshola Kwara State Council Of Chiefs Garba Idris Ajia Ibrahim Jawondo Oyelere Oyinloye

