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.

John Dara     Salmon Babatunde Salmon     Students Union Government     John Mayokun Dada     CBT     Saka Adeyemo     VADA     Baruba     Funmilayo Braithwaite     Sidikat Akaje     Sango-UITH Road     IsDB     Michael Nzekwe     Ilorin Amusement Park     Bilikis Oladimeji     Durosinlohun Kawu     Igbomina     Sheikh Alimi     Lawal Arinola Kudirat     Olokoba     Kwara-SAPZ Project     Tunde Mukaila Mustapha     Ibrahim Jawondo     Goodluck Jonathan     Funmilayo Isiaka Oniwa     Ghali Alaaya     Yahaya Dumoye     Offa     NIRSAL     Sheriff Olanrewaju     Segun Ogunsola     Logun     Tunde Idiagbon Road     KWASIEC     Offa Metropolitan Club     Tope Daramola     Kwara University Of Education     Folorunsho Alao     Usman Alkali Baba     T And K FOODS     Muhammed Akanbi     Eleja     Ileloke     Islamic Development Bank     UNILORIN Alumni Association     Yusuf Ali     Kazeem Adekanye     Aliyu Muhammed     Aso Ofi     Olabimpe Olani     Rotimi Samuel Olujide     Okin High School     ER-KANG     Muhammad Mustapha Suleiman     Chief Imam Of Ilorin     Mohammed Abdulahi     KWACOBPA     International Public Sector Accounting Standards     TESCOM     Haleeman Salman     Air Peace     Gbenga Olawepo     Isiaka Alikinla     Saliu Mustapha     Babajide Ajayi     Tanke Road     Yusuf Badmus     TVC Female National Debate     Folaranmi Aro     Abdulkadir Bolakale Sakariyah     Ilota     Gambari     Dan Masanin     ITP     Dankaka     AbdulRazaq Jiddah     Otunba Taiwo Joseph    

Cloud Tag: What's trending

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

Neuropsychiatric Hospital     AGILE Programme     Gambari     Aliyu Umar     Tunde Akanbi     Akume     Government House     Abdulrazaq Sanni     Sambo Murtala     Ishaq Oloyede     Ilorin Emirate Stakeholders Forum     Isiaka Rafiu Mope     Shehu Jimoh     Tosho Yaqub     Wasiu Odewale     Yekini Adio     Abdullahi Samari     Jawondo     UNILORIN Alumni     Adolescent Girls Initiative For Learning And Empowerment     AbdulFatai Adeniyi Dan-Kazeem     Katibi Ibraheem Adeola     Kwara Teaching Service Commission     Abdulwahab Olarewaju Issa     Omoniyi Ayinla     Quarry Royal Valley     Wasiu Onidugbe     Basic Education Certificate Examination     Abubakar Aliagan     Ishaq Abdulkarim     Young Progressives Party     Iqra Books     Elese Of Igbaja     Muritala Olarewaju     Kwara State Branch Of The National Library     Oju Ekun Sarumi     Muhammed Taofeeq Abdulrazaq     Ahman Pategi     Ramadhan     Democracy Day     Lawyers Unite Against Corruption     Ayedun     Kwara Central     Abdulrasheed Lafia     Sarakite     Share     Government High School Adeta     Kemi Adeosun     Isapa     Oba Abdulkadir La\'aro     Rebecca Olanrewaju     Opobiyi     Boko Haram     Sulyman Abdulkareem     Sa\'ad Alanamu     Ibrahim Gambari     Facebook     Abdulmumini AbdulRazaq     Olofa Of Offa     Kwara 2019     Kwasu     Rasaq Jimoh     Idris Amosa Oladipo Saidu     Odo-Owa     Aliyu Olatunji Ajanaku     Hakeem Idris     Ibrahim Mohammed     Olupako     Kwara     Agbarere     Harmony Holdings     Lafia Aliyu Korasabi     Adeola Abraham     Baboko     Yahya Mohammed     Saliu Mustapha     Ekweremadu