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.
Peculiar Allowance Dairo Kunle Paul Garuba Alikinla Shittu Okin High School Kamaldeen Kehinde Isiaka Danmeromu Riskat Opakunle Mamman Saba Jibril Muhammad Yahya Lateef Ademola Olatunji Boko Haram Baruba Oba Mogaji Abdulkadir Yakubu Gobir Twitter Arca Santa Kwara South Isiaka Alikinla Oluwarotimi Boluwatife Adenike IHS Mohammed Ghali Alaaya Radio SBS Lateef Fagbemi Oju Ekun Sarumi Oro Grammar School Muyideen Ajani Bello Saad Omo\'ya Apado Kwara Volleyball Association Obayomi Azeez New Naira Notes Islamic Development Bank David Oyepinola Adedumoye Muhammad Toyin Sanusi Ahmed \'Lateef Sarakite NaAllah Garba Ado Sanni Kwara State Printing And Publishing Corporation Paul Odama Savannah Centre For Diplomacy, Democracy And Development Yusuf Amuda Gobir Muhammadu Gobir Okala Baba Quranic Recitation Competition Special Agro-industrial Processing Zone IFK GRA Daud Adeshola KW-GIS Majlis For Sadakah, Zakat And Waqf Yoonus Kola Olatinwo Rebecca Bake Simeon Sule Ajibola Vasolar Consortium Ibrahim Abdullahi National Association Of Nigerian Students Yemi Osinbajo Magaji Nda Sayomi Public Holiday AIT Ilorin Wale Oladepo Medinat Folorunsho Salman Bond Issa Memunat Moyosore Babajide Ajayi Unilorin FM CACOVID Bello Abubakar Ghali Muhammed Jimoh Akani Akande Idowu Ayoola Muhammed Mohammed Haruna Mohammed Ajia Ibrahim Olateju Lukman Gobir

