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.
Sola Saraki University General Hospital, Offa Mashood Dauda Quranic Recitation Competition Suleman Abubakar Oko Erin Ola Falade Elerin Of Erin-Ile Magaji Erubu IF-K Otoge Share Hauwa Nuru Oyedepo Segun Abifarin Babaloja-General Ganiyu Taofiq Oluwarotimi Boluwatife Adenike Prince Sunday Fagbemi Sambo Murtala IQRA College Ayegbeni Saad Omo Iya Olatunji Moronfoye Igosun Kwara Liberation Group Femtech Jumoke Monsura Gafar Wasiu Odewale Bisi Kristien Opaleke Bukola Iyabo Ilorin Emirate Government High School Adeta Ramat Oganija Ijagbo All Peoples Party Alabi Lawal Salman Jawondo Abdulmalik Bashir Mopelola Risikatullahi Oladimeji Thompson CLAY POT Suleiman Idris Kwara State Pension Board Mohammed Haruna Iyabo Adewuyi Egbewole Adolescent Girls Initiative For Learning And Empowerment Ahmed Alhasssan Kale Belgore Oloye Muhammed Mahe Abdulkadir Salaudeen Oyewale Abdulmumin Yinka Ajia Ilesha-Gwanara Olusola Saraki Alagbado Muritala Olarewaju Mahee Abdulkadir Bola Ahmed Tinubu Alaro Christopher Odetunde Mubarak Oladosu National Broadcasting Commission Jebba Alimi Aminat Omodara Musa Ayinla Yeketi Lotus Bank MalHub Yusuf A. Usman Mohammed Kamaludeen General Tunde Idiagbon International Airport Omu-aran REO CAKES Kawu Sa\'adu Gambari Ayotunde Emmanuel Alao