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.

Ahmed Shuaib Buranga     Ayobami Seriki     Sulyman Buhari     2017 Budget     Muritala Olarewaju     Abdulrazaq Adebayo     Ilorin     Yunus Lawal     Facebook     Bureau Of Lands     Razak Atunwa     Balogin Alanamu     Monthly Sanitation Exercise     Ilorin Innovation Hub     Yusuf Mubarak     Saba Mamman Daniel     Agboola Abdulraheem     Lanre Issa-Onilu     Sulyman Age AbdulKareem     Idofin     Amuda Musbau     Ndakene     Kabir Shagaya     Aminat Omodara     Alabi Lawal     Olomu Of Omu-Aran     Offa Metropolitan Club     Sidikat Akaje     Sarkin Malamai     Kwara University Of Education     Abdulrahman Abdulrasak     Tafida     Mamman Saba Jibril     Illyasu Abdullahi     Ahmad Olanrewaju Belgore     Ishaq Salman     Senate     Alagbado     KWASEIC     Hikmah AbdulKareem     Rasaq Jimoh     Mogaji Aare     Share/Tsaragi     Code Of Conduct     Alloy Chukwuemeka     Charcoal     Sa\'ad Alanamu     Moshood Kashimawo Abiola     NaAllah     Dar-Al-Handasah Consultants     Kulende-UITH     Samuel Adaramola     Ayo Opadokun     Agbarere     Abdulraheem Olesin     Kwara Muslim Pilgrims Welfare Board     Summit University     A.O. Belgore     Okeose Christian Cementary     Jumoke Gafar     ARMTI     Lanre Jimoh     Vishvas KOZ Tractors     Jimoh Olusola Imam     Tafidan Kaiama     Hakeem Idris     Temi Kolawole     Ike Ekweremadu     Jani Ibrahim     Old Oyo     Al-Hikmah Radio     Saadu Alanamu     Revenue Court     Olota Of Odo-Owa     Egbejila     Shade Omoniyi     Owo Isowo    

Cloud Tag: What's trending

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

Osinbajo     Ibrahim Mohammed     Iyabo Adewuyi     Omu-aran     Saliu Alamoyo     Rachael Obisesan     Jamiu Oyawoye     Halimat Yusuf     Quareeb Islamic Association     Alfa Belgore     NURTW     Abdulquawiy Olododo     Madawaki     Chief Imam Of Ilorin     Quran     Valsolar Consultoria     Ilorin Likeminds Foundation     Abioye Bello     Adeleke Ogungbe     Haliru Yahaya     Oyin-Zubair     Aminat Omodara     Sunday Popo-Ola     Yakubu Dogara     Elections     Forgo Battery     Mashood Dauda     Saraki     Lateef Ademola Olatunji     Elerin Of Adanla     Babajide Ajayi     Jimoh Bashir     Sheikh Alimi     Kayode Laro     Abubakar Ndakene     Ahmad Olayiwola Kamaldeen     Charles Ibitoye     Abdulrahman Abdulrazaq     UNILORIN Alumni Association     Yusuf Mubarak     Bolakale Ayo     Yemi Sanni     The Herald     Abdulwasiu Bolaji Adeyi     Saeedat Aliyu     Apaokagi     Kayode Yusuf     Aliyu Kora-Sabi     Baba Issa Awoye     Saka Isau     George Innih     Hijaab     ITEM 7     Kisra     Mohammed Tunde-Jimoh     Oyun     Tunde Oyawoye     National Union Of Road Transport Workers     Isiaka AbdulRazaq     Ayodele Kuburat Olaosebikan     AbdulRazaq Abubakar Jiddah     International Public Sector Accounting Standards     Hassan Oyeleke     Iponrin     JSSCE     Balogun Gambari     Umar Gunu     Amuda Bembe     Joseph Offorjama     Lawyers Unite Against Corruption     Abdulazeez Uthman     Oba Abdulraheem     Offa Metropolitan Club     Mogaji Aare     Kwara Volleyball Association     Gobir     Turaki