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.

Government Girls’ Day Secondary School Pakata     Garba Ado Sanni     Peter Obi     Alore     AbdulHakeem Ajibola Akanbi     Isiaka Saka Opobiyi     Mohammed Tunde-Jimoh     Asiwaju Bola Tinubu     Babatunde Ishola Babaita     Haashim Initiative For Community Advancement     IFK     Titus Ashaolu     Amule Elementary School     Illyasu Abdullahi     Kolawole Bashirat     Gbugbu     Azeez Bello     Ganiyu Taofiq     Mohammed Abdulahi     Kwara United     Rasheed Jimoh     Mashood Abdulrafiu Agboola     Binta Abubakar Mora     Mohammed Saidu     Sa\'ad Alanamu     Chief Imam Of Offa     Ishaq Abdulkarim     A.E. Afolabi     Femi Gbajabiamila     Yakub Lai Gobir     Abiodun Abdulkareem     Abdulsalam Firdaous Amosa     Abdulganiyu Salahudeen     Oba David Oyerinola Adedunmoye     Kayode Laro     Centre For Community Empowerment And Poverty Eradication     VADA     Tafidan Kaiama     Olusegun Adeniyi     Baba Issa Awoye     NITDA     Sobi     Kayode Oyin Zubair     Emmanuel Olatunji Adesoye     Hassan Abdulazeez Elewu     NIPOGA     Shururat Olatinwo     Idiagbon     Bayo Ojo     Makama Of Ilorin     Tosho Yaqub     Baruba     Shonga Farm Project     School Of Nursing     Economic And Financial Crimes Commission     Wahab Olasupo Egbewole     Tunji Oyawoye     Gobir Organization Foundation     AbdulFatai Adeniyi Dan-Kazeem     April 11     Government High School Adeta     Onilu     Bilikis Oladimeji     Kwara State Governor     Sulyman Abdulkareem     Kumbi Titiloye     Kuliyan Geri     Zaratu Umar     Col. Ibrahim Taiwo     Turaki Of Ilorin     CT Ayeni     Olayinka Are     Taofik Mustapha     Shehu Salau     Okedare     Ubandoma     Jimoh Olusola Imam    

Cloud Tag: What's trending

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

Mahe Abdulkadir     Clement Yomi Adeboye     IF-K     Adamu Jemilat-Baki     Yinka Aluko     Shade Omoniyi     Toyin Abdullahi     Folaranmi Aro     Abubakar Bature Sulu-Gambari     Saka Asiat Ayinke     Noah Yusuf     Salihu Jibril Garbi     A.E. Afolabi     Riskat Opakunle     Albert Ogunsola     Omu-aran     Zara Umar     Owode Market     Jimba Babatunde     Shehu Alimi Foundation For Peace And Development     Musa Aibinu     Okin Biscuit     Shuaibu Yaman     Sabitiyu Grillo     CLAY POT     Salihu S. Yaru     Kayode Bankole     Maimunat Oniyangi     Undergraduate Bursary     IYA ALFA NLA     Park     SSA Youth Engagement     Temitope Ogunbanke     Mamatu Abdullahi     Muhammed Akanbi     Yunus Lawal     Okasanmi Ajayi     Erubu Oba Zubair     Abdulrahman Abdulrasak     Saheed Akinwumi     Sheikh Ridhwanullah El-ilory     Seni Saraki     Michael Nzekwe     Aro Yahaya     Frootify     Government House     Yoruba     Marufat Oladosu     Olawuyi     Ibrahim Taiwo Road     Rebecca Bake     Iyabo Adewuyi     Ibrahim Mashood     Muritala Olarewaju     Saka Abimbola Isau     Ishaq Oloyede     Kwara State Council Of Chiefs     Imam Gambari     Amasa     Oke-opin     Babajide Ajayi     Innocent Okoye     Ishaq Abdulkarim     Ahmed Alhasssan     Michael Ologundea     Abubakar Imam     Young Progressives Party     Haleeman Salman     NSCIA     Bello Abubakar     Crystal Corner Shops     Kamaldeen Ajibade     FOMWAN     Gobirawa     Adamu Attah     KSIRS     Afin Descendants Union Of Odo-Owa