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.
Adijat Adebiyi Olatunji Moronfoye Congress For National Consensus Grillo Agboola Babatunde Tunji Arosanyin Gbemi Saraki Jani Ibrahim Kwara State Infrastructure Development Fund Col. Taiwo Yusuf Arowosaye Hassan Saliu Olumide Daniel Ibitoye Olayinka Jelili Yusuf Farouk Salim Baruten Zaratu Umar Raimi Iyanda AGM Professional Services Abdulrahman Onikijipa Aiyedun Olatunde Michaels Federal Allocation Javed Khan Adebayo Salami Computer Based Test Micheal Imodu-Ganmo Road Muhammed Taofeeq Abdulrazaq Yemi Osinbajo Leke Ogungbe Maryam Nurudeen Gambari Umaru Saro Abdulganiyu Salahudeen Abdulmajeed Wahab Aisha Ahman Pategi Prince Mahe Abdulkadir Al-Adaby Abdulkadir Bolakale Sakariyah Abubakar Baba Muritala Olarewaju Sa\'adu Salau John Mayokun Dada Oasis Muslim Care Foundation ITP Ahmed Alhasssan Jalala Kola Ologbondiyan Afolasade Opeyemi Kemi Abdullah Janet Amudat Ahmad Olanrewaju Belgore Razak Atunwa Jimoh Lambe Abdulkareem Dagbalodo Tunde Yusuf AbdulGafar Tosho Saraki Twitter Chief Imam Of Lafiagi Ndama Al-hassan Ilesha-Baruba-Gwanara Salihu Ajibola Ajia JAMB Segun Abifarin Lateef Fagbemi AbdulQowiy Olododo Durosinlohun Kawu Paul Olawoore Atiku Yusuf Ibitokun Sherifat Sadiq Buhari Ijagbo Health Centre Saadu Alanamu John Olobayo Dan Iya Muhammed Akanbi Oye Tinuoye

