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.

Babajide Ajayi     Yahaya Seriki Gambari     JSSCE     SDP     Kayode Ogunlowo     Olatunde Michaels     Abdulmalik Bashir Mopelola Risikatullahi     Lukman Oyebanji Fagbemi     Zulkifli Ibraheem     Toyin Abdullahi     Abubakar Baba Sulaiman     Kola Ologbondiyan     Association Of Kwara State Online Media Practitioners     Saidu Kawu     Sola Saraki University     Funmilayo Zubair     IESA     A.O. Belgore     Kwara State Internal Revenue Service     Ishaq Salman     Ilorin West/Asa Federal Constituency     Funmilayo Isiaka Oniwa     Oladimeji Thompson     Aliyu Kora-Sabi     Okin Biscuits     LEAH Charity Foundation     Council Of The Wise     Ebun-Olu Adegboruwa     Owo Arugbo     Mahe Abdulkadir     Kunle Okeowo     Moshood Bakare     Oba Of Jebba     Emir Of Yashikira     Mansurat Amuda-Kannike     Kwara Central     Shettima     Olaiya Victor Mobolaji     Women Radio     Salaudeen Oyewale     Kwara State Fish Farmers Association     Shuaibu Yaman     Oko Erin     Atunwa     Alapado     Seni Saraki     Okoolowo     Umar Saro     Olofa Of Offa     Ahmad Fatima Bisola     Harrison Osauwagboe     ARMTI     Asa     Radio SBS     Omoniyi Ayinla     Oba David Oyerinola Adedunmoye     Press Release     Prince Mahe Abdulkadir     Vishvas KOZ Tractors     KWASAA     Ganmo Power Sub-Station     Emir Of Kano     Kayode Issa     Kwara 2019     Kwara Restoration Project     Kale Belgore     Sulu Babaita Isiaka     Olupako Of Share     Seun Bolaji     Makama Of Kaiama     Muazam Nayaya     Ajeigbe     Government Girls’ Day Secondary School Pakata     Boko Haram     IFK     Akom Construction And Engineering Synergy Ltd     Toyosi Thomas    

Cloud Tag: What's trending

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

Baba Idris     PAACO-PCL Consortium     Prince Sunday Fagbemi     Fatai Olodo     Ramadan     Idris Garuba     COEASU     Forgo Battery     Aiyedun     Sayomi     Aliyu Muyideen     John Obuh     Amos Justus Sayo     Sobi     Ajikobi     NNPP     Akande Idowu Ayoola Muhammed     David Oyepinola Adedumoye     Rotimi Samuel Olujide     Folorunsho Alao     Laduba     Alaiye     Abdulrahman Onikijipa     Javed Khan     Jamila Bio Ibrahim     Oke-Oyi     Pakata Development Association     Kazeem Gbolagade     Oju Ekun Sarumi     Musa Yeketi     Igbomina     BIR     Bashiru Makama     Adekunle David Dunmade     Ilorin Metro Park     Abraysports FC     Amoyo     Daud Adeshola     Yakubu Mohammed Abdullahi     Mohammed Halidu     Millennium Development Goals     Suleiman Yahya Alapansapa     Summit University     Ajase-Ipo     Aliyu Salihu     Abdulmajeed Wahab     Nnazua     Turaki     Katibi Ibraheem Adeola     Ijagbo Health Centre     Ahmad Olanrewaju Belgore     Isin     Undergraduate Bursary     Lawal Jimoh     Omotoso     Ilesha-Gwanara     Maigida     Basic Education Certificate Examination     Bolaji Nagode     Musa Aibinu     Kannike     Timothy Olatunde Fadipe     Saka Isau     Teachers Specific Allowance     International Vocational Centre     Monthly Sanitation     Vishvas KOZ Tractors     Modibbo Kawu     Ayedun     Chartered Institute Of Personnel Management Of Nigeria     Olosi Of Osi     Kwarareports     Council Of The Wise     Okanlawon Musa     Bio Ibrahim     Olushola Saraki     Buhari