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.

Ibrahim Issa Jetti     Kwasu     ENetSuD     Orisun Igbomina     Yekini Adio     HAMFAT Clinic And Maternity     Saka Asiat Ayinke     Erin-ile     Kwara Restoration Project     Alapansapa     Segun Adeniyi     Taofik Abdulkareem Babaita     Ibrahim Abdulkadir Abikan     CKNG     Lanre Aremu     Buari Edun     Ahmed Mohammed Rifun     Sulyman Tejidini     Women Radio     Omoniyi M. Ayinla     Moses Afolayan     Sunday Popo-Ola     Societe Generale Bank Of Nigeria     Michael Imoudu National Institute For Labour Studies     Ayedun     Issa Oloruntogun     Kwara State Sports Commission     Tafida     Elewu     Afolabi-Oshatimehin     Alaro     Isiaka Yusuf     Dan-Kazeem     NSCIA     Lanwa     IDPU     Folashade Omoniyi     Salihu Ajibola Ajia     Issa Manzuma     Medview Airlines     Just Law Forum     Olaoye B. Felix     Jimoh Olusola Imam     Baboko     Ilesha-Baruba-Gwanara     Sun Qing Rong     Salmon Babatunde Salmon     Jebba     Ibrahim Jawondo     Tayo Awodiji     UNIFEMGA     Abdullahi AbdulMajeed     Hussein Oloyede     Adamu Attah     Oloye     Michael Ologundea     Kwara Basketball Association     Maryam A. Garuba     Iyabo Adewuyi     Yahya Mohammed     Oke-Odo     Arandun     Lola Olabayo     Hajj     Frootify     Adebayo Mohammed Kamaldeen     Aisha Gobir     Nurudeen Mohammed     Shagari     Memunat Monsuma     Tsaragi-Share     Agbarigidoma     Ibrahim Taiwo Road     KwaraLearn     Omoniyi Ayinla     Sadiq Umar     Saliu Oluwole    

Cloud Tag: What's trending

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

Gwanara     Government High School Adeta     Ishola Balogun Fulani     REO CAKES     Fulani     Shonga Farm Project     Labour Party     Mohammed Halidu     Babaloja-General     FERMA     Oyun     Yakub Lai Gobir     Yusuf Abdulwahab     Olanrewju Okanlawon Musa     Kwara State Fire Service     Col. Taiwo     Olaitan Buraimoh     International Public Sector Accounting Standards     Alore     Onilorin     Age AbdulKareem     Unilorin FM     Solomon Edojah     Bluenile Associates     Yusuf Babatunde Abdulwahab     Suwa-Arabs     Just Event Online     UNILORIN Alumni     Jumoke F. Ajao     Garuba Alikinla Shittu     Kayode Oyin Zubair     United Nigeria Congress Party     Suleiman Alege Kuranga     Sulaiman Gado     Ishaq Oloyede     Raji Ayodele Kamaldeen     Amule     College Of Arabic And Islamic Legal Studies     Femi Oladiji     Kulende     Azeez Bello     Funke Adedoyin     Alloy Chukwuemeka     MMWG     Mary Kemi Adeosun     All Peoples Party     Sidikat Uthman Ajibola     Baba Isale     Folaranmi Aro     Oloruntoyosi Thomas     Gbemisola Saraki     Amos Bajeh     Kwara-SAPZ Project     Razaq Atunwa     Muhammed Danjuma     Igbaja     Peter Obi     Aiyedun     Computer Based Test     National Broadcasting Commission     Christopher Ayeni     Moses Afolayan     Muyiwa Oladipo Kanu     Akande Idowu Ayoola Muhammed     Okin Malt     Babatunde Ishola Babaita     Harafat E. Mukadam     Adamu Jemilat-Baki     Dairo Kunle Paul     Rebecca Olanrewaju     Aasiyat Bello Oyedepo     UNILORIN Alumni Association     Oba David Oyerinola Adedunmoye     Abdulrahman Abdulrasak     Abdulkadir Jimoh     Tunde Akanbi     Mansur Alfanla