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.
Na\'Allah Ekweremadu Centre For Community Empowerment And Poverty Eradication Bukola Ajikobi Ebola Ahmed Idris Mohammed Association Of Kwara State Online Media Practitioners Yeketi Olanrewju Okanlawon Musa Mahfouz Adedimeji Ayinke Saka Ayobami Akanbi Towoju Saheed Popoola Ijagbo Health Centre Sun Qing Rong Bature Bello Alimi Abdulrazaq Wahab Isa Toyin Olayinka Tejidini EndSARS Baba Issa Awoye Code Of Conduct Rafiu Ajakaye Musa Yeketi Kwara Volleyball Association Bareke Segun Abifarin Owode Market Abdulmutalib Shittu Siddiq Adebayo Idowu Salawu Islamiya Abdulraheem Kwara State Internal Revenue Service Yoonus Kola Olatinwo NIPOGA Mogaji Aare Ilesha-Gwanara Ilorin Descendants Progressive Union Yunus Oniboki Abdulquawiy Olododo Federal Polytechnic Offa Rebecca Bake Wahab Abayawo Timothy Akangbe Saba Mamman Daniel Gbugbu Dauda Adeniran Adeshola Dan Masanin Jare Olatundun Arandun CELF National Democratic Congress Adamu Ibrahim Sabi TESCOM 2025 Olatunji Ibrahim Eruku Lawal Olohungbebe Umar Ahmed Gunu John Mayokun Dada Erubu Oba Zubair Tanke Flyover Bridge Amos Bajeh Lateef Alagbonsi AbdulFatai Adeniyi Dan-Kazeem Suleiman Mora Omar Pius Abioje Saidu Isa Bayo Ajia Umar Saro Sa\'adu Salahu Hassan Abdulazeez Elewu Toyin Sanusi Labour Party Aminu Adisa Logun Gaa Olobi Dunmade Oke-Ogun

