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.

Kwara North     First Lady     Azeez Salawu     NURTW     Mumini Ishola Hanafi     Niyi Ogundiran     Aliyu Kora Sabi     Hassan Saliu     Shettima     Kwara Politics     Modibbo Kawu     Ibraheem Abdullateef     Abraham Ojo     Laboratory-to-Product     Wahab Issa     Olatunde Oyeyiola     Saliu Tunde Bello     Pius Abioje     Emir Of Yashikira     Mohammed Danjuma     Matthew Okedare     Dan Iya Of Ilorin     Zubair Folorunsho Erubu     John Dara     Mahfouz Adedimeji     Sarakite     Salmon Babatunde Salmon     Usman Alkali Baba     Ahmad Fatima Bisola     Ilorin.Info     Christopher Tunji Ayeni     National Democratic Congress     AbdulRasaq Abdulmajeed Alaro     Dagbalodo     RTEAN     Issa Oloruntogun     Oniyangi Kunle Sulaiman     Yakubu Gobir     African Democratic Congress     UITH     UNIFEMGA     Salake     Ilorin Airport     Bayer AG     Saka Balikis Kehinde     Mubarak Oladosu     Dogara     Ojuekun Sarumi     Oke-opin     Titus Ashaolu     Muftau Akanbi Oke     Shagari     Ministry Of Women Affairs And Social Development     Isiaka AbdulRazaq     Musa Yeketi     Lateef Ademola Olatunji     Malete     Ilorin South Constituency     Jaiz Bank     Afolayan     Muhammad-Mustapha Suleiman     Jaigbade Alao     Sobi Hill     Abdulahi Abubakar Bata     Sheriff Olanrewaju     Okiki     Theophilus Oyebiyi     Lafia Aliyu Korasabi     Oba-Solagberu     Cornelius Adebayo     Dauda Adesola     Folajimi Aleshinloye     Twitter     Yeketi     Lanre Badmas     Ajuloopin     Oke-Ogun    

Cloud Tag: What's trending

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

John Olobayo     CACOVID Palliatives     Osinbajo     Dankaka     Barakat Community Secondary School     Abubakar Baba Sulaiman     Yusuf Abubakar     Funke Adedoyin     Ogidi-Oloje     Garba Ado Sanni     Garba Dogo     Sa\'adu Gambari     KWSIEC     Jimoh Bashir     Ahmed Shuaib Buranga     Funmi Salau     Aisha Gobir     AbdulRahman Saad     Mohammed Saidu     AbdulRazaq Abubakar Jiddah     Umar Gunu     Shuaib Boni Aliyu     Mutawali Of Ilorin     Lanwa     Ilorin Amusement Park     Egbejila     National Pilot     Kayode Bankole     Tunde Kazeem     TIC     Yaman     Awwal Jawondo     Abdulbaqi Jimoh     Gbugbu International Market     Funmilayo Isiaka Oniwa     Ubandoma     Alaaya     Bisi Kristien     Ndama Al-hassan     Mutawali     Mumini Ishola Hanafi     Eghe Igbinehin     Kwara State Fish Farmers Association     Yusuf Zulu-Gambari     Bluenile Associates     Imam Gambari     Donatus Ejidike     Abdul-Rasheed Na\'Allah     Iyeru Grammar School     Ishaq Salman     Raliat Elelu-Habeeb     Galadiman Ngeri     Adebara     3MTT     Garuba Alikinla Shittu     Ilorin West     Sidikat Alaya     Sarakite     Yahaya Abdulkareem     Taofik Abdulkareem Babaita     Alliance For Democracy     NYSC     M.Y. Abdulrahaman     Abdullahi Saadudeen Alikinla     Y.A. Abdulkareem     Ashiru     Salake     Olanrewju Okanlawon Musa     Olam Food Ingredients     Universal Basic Education Commission     Afolabi-Oshatimehin Adenike Harriet     Tunde Mukaila Mustapha     Borgu     Kwara State Pension Board     Kolawole Bashirat     Atiku     Ilorin Talaka Parapo (ITP)