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.
Jumoke F. Ajao Kolawole Akande Okin Biscuit Elerin Of Adanla Javed Khan Oyin-Zubair College Of Education Florence Saraki Aminat Omodara Shero Ibrahim Oloriegbe Elewu Christopher Odetunde Yahaya Seriki Gambari Alabi Olayemi Abdulrazak Baakini Aishat Sulu-Gambari Dan Masanin Saad Omo Iya Ali Ahmad Sheriff Olanrewaju Femi Oladiji Modupe Oluwole Fatimoh Lawal Ganmo Electricity Sub-Station Gbenga Adebayo Kawu Baraje Chief Imam Of Omu-Aran AGF Abdulrazaq Bond Titus Suberu-Ajibola Gobir All Confederation Of Principals Of Secondary Schools Chikanda Adedayo Yusuf Abdulkareem Michael Nzekwe Ola Falade David Oyepinola Adedumoye HAMFAT Clinic And Maternity Funke Adedoyin Lasiele Alabi Yahaya Oke-Ero Sola Saraki University Abdulsalam A. Yusuf Olatunde Michaels Tsaragi Kwara Hotel Olatunde Oyeyiola Kemi Adeosun Wahab Egbewole Yusuf Babatunde Abdulwahab Umar Ahmed Gunu Dauda Adesola Eruku Yusuf A. Usman Muyiwa Oladipo Kanu Babatunde Ajeigbe Iyiola Oyedepo Alfa Belgore State Bureau Of Internal Revenue Kwara NIPR Okin Group Adaramaja Oko-Olowo Kaiama Mohammed Kamaludeen Gambari Sanitation Exercise Kulende-UITH Ibrahim Gambari Tanke Flyover Bridge Suleiman Ajadi Yahaya Oloriegbe Adanla-Irese Amos Justus Sayo Mary Arinde Sola Saraki Educational Foundation

