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.
Dar-Al-Handasah Consultants Bio Ibrahim KWASAA Ilorin Talaka Parapo Aliyu Kora Sabi Kolawole Akande Air Peace Ahmad Lawan Abiodun Jacob Ajiboye Ita-Nmo Market Third Estate Col. Taiwo Barakat Community Secondary School Diagnostic Centre Olofa Of Offa Sulyman Tejidini Nurudeen Mohammed Lawan Sidikat Uthman Ajibola Isapa Age AbdulKareem Vasolar-Kwara Company Ltd Muhammed Danjuma Ilorin Durbar UTME Assayomo Femi Oladiji Ronke Adeyemi Bareke Afetu Of Alabe Omupo Segun Olawoyin Muhammad Toyin Sanusi Abegunde Goke ER-KANG Mining Nigeria Company Limited Bluenile Associates Oyelere Oyinloye Haruna Olawale Sulaiman Is\'haq Modibbo Kawu Lithium Ilorin Anchor Men And Women Oloruntoyosi Thomas Adewuyi Funmilayo Veterinary Teaching Hospital Oyun Firdaos Amasa Saudat Abdulbaqi Kudirat Arinola Lawal Bashiru Makama Abdulahi Abubakar Bata Abdulkadir Bolakale Sakariyah Mufutau Gbadamosi Esuwoye Teachers Specific Allowance Damilola Yusuf Ganmo Electricity Sub-Station Hauwa Nuru Ilorin Water Reticulation Usman Rifun MalHub Opolo Global Innovation Limited Jamiu Oyawoye United Nigeria Airline Umar Ahmed Gunu Earlyon Technologies Idris Amosa Oladipo Saidu Umar Bayo Abdulwahab Oko Dogara NURTW NSCIA Saidu Kawu Olaiya Lawal Twitter Funmi Salau Al-Hikmah Radio Kwara-SAPZ Project Seni Saraki

