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.

Salman Alada     CUTI     Abdulrahman Abdulrasaq     Saka Isau     Kwara State Governor     Aliyu Muyideen     AbdulRauf Keji     Asa     High Court     Association Of Kwara State Online Media Practitioners     Bukola Ajikobi     Kolade Solagberu     IEDPU     Lanre Issa Onilu     Abdulhakeem Amao     Jeunkunu-Malete-Bani     SSA Youth     Aisha Gobir     Abdulwasiu Bolaji Adeyi     Dauda Adeniran Adeshola     Inside Kwara     Folashade Omoniyi     Omotoso     Minimum Wage     Mahmud Durosinlohun Atiku     Iponrin     Folajimi Aleshinloye     Rihanat Ajia     Kayode Oyin Zubair     Logun     Bola Magaji     Kunle Okeowo     Al-Hikmah Radio     Yusuf Abdulraheem     Hajj     Temitope Ogunbanke     Mutawali     Emmanuel Olatunji Adesoye     Wahab Egbewole     Lai Gobir     Kwara Poly     Ezekiel Yissa Benjamin     Yusuf A. Usman     Kwara State University Of Education     Elelu     TESCOM     Adamu Ibrahim Sabi     Kola Bukoye     Madawaki Of Ilorin     Abdulrahman Abdulrazak     Islamiya Abdulraheem     Olatunde Oyeyiola     Shururat Olatinwo     Alabe     Marufat Oladosu     Olaiya Lawal     Akom Construction And Engineering Synergy Ltd     Bello John Olanrewaju     Kehinde Baale     Olabode George Towoju     Onilorin Of Ilorin     Asa LGEA School     Iyaloja-General     Salihu S. Yaru     Mahmud Ayinla Giwa     FERMA     Tafida Of Kaiama     Olupako Of Share     Jimba Babatunde     Bayo Lawal     Dairo Kunle Paul     Raji Ayodele Kamaldeen     Abdulahi Abubakar Bata     Yakubu Dogara     Moses Adekanye     ER-KANG Mining     Gobir    

Cloud Tag: What's trending

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

Kwara Teaching Service Commission     Borgu     Salman Suleiman     GANZY     Samuel Elizabeth Keatswa     Jani Ibrahim     Titus Ashaolu     Leke Ogungbe     Christian Association Of Nigeria     Olokoba Abdullahi Ayinla     Haleeman Salman     Tunde Idiagbon Road     Shaykh Luqman Jimoh     Iyeru Grammar School     Michael Imoudu National Institute For Labour Studies     Rasheed Jimoh     Medview Airlines     Akeem Olatunji     Is\'haq Modibbo Kawu     United Nigeria Congress Party     IQRA College     RTEAN     Vasolar Consultoria     Oko-Olowo     Nupe     Yinka Aluko     Radio Kwara     Muhammadu Gobir     LAK Jimoh     Lanre Badmas     Kale Bayero     Bolaji Abdullahi     Okiki     Wakilin Mata Lafiagi     YAKOOYO     Micheal Imodu-Ganmo Road     Oye Tinuoye     Oba-Solagberu     Oke-Kura     Egbewole     Atiku Abubakar     Kwara-SAPZ Project     Gafaru Olayiwola Olorisade     New Model Police Station     Ayinke Saka     Elekoyangan     Baboko Primary School     Earlyon Technologies     Kupchi Hosea Maxwell     Zara Umar     Tunji Ajanaku     Muhammad Fawaz Abubakar     Mohammed Saidu     NTA Ilorin     Abioye Bello     Nurudeen Mohammed     Tafida Of Kaiama     Labaeka     Fatimat Saliu     Kwara State Polytechnic     Ilorin Central Mosque     Omoniyi M. Ayinla     Issa Oloruntogun     Abikan     Madawaki Of Ilorin     Bayer AG     Peter Amogbonjaye     Valsolar     Umar Bayo Abdulwahab     KwaraLearn     Emmanuel Bello     Yahaya Dumoye     Moshood Kashimawo Abiola     Saliu Shola Taofeek     Wahab Olasupo Egbewole     Adesina Simon Sodiya     Aliyu U. Tilde