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.
Bola Olukoju Abdulbaqi Jimoh Ali Ahmad CACOVID Centre For Community Empowerment And Poverty Eradication Gbugbu Yinka Aluko Kwara North UNIFEMGA Abdulkadir Orire Musbau A. Akanji Akanbi-Oke Tsaragi Transition Implementation Committee Mohammed Saidu Samuel Elizabeth Keatswa Kwara State Printing And Publishing Corporation Lanre Badmas Ilorin Durbar Mohammed Abduraheem Yusuf AbdulRasheed Stephen Fasakin Amina El-Imam Abdulmajeed Wahab Fulani Omu Aran Aminu Adisa Logun Quranic Recitation Competition Tosho Yaqub Vishvas KOZ Tractors Yahya Mohammed Wasiu Odewale Tunde Saad Ishola Balogun Fulani Noah Yusuf AbdulQowiy Olododo Coronavirus Saka Balikis Kehinde Baba-Isale Mufti Of Ilorin Alabere Segun Ogunsola Umar Ayinla Saro Ilorin Emirate COVID Olaitan Adefila Muslimah Entrepreneurship Forum Waheed Ibrahim Senate President Tafida Zainab Abass Adesoye John Kehinde Salako Dar-Al-Handasah Consultants Garba Idris Ajia Sulyman Buhari James Kolo Afonja Descendants Union Saad Omo\'ya Usman Yunusa Al-Ilory Shonga Doyin Agbamu Na\'Allah Maigida Soludero Transit Babaloja-General Madawaki Of Ilorin Babaita SGBN Madawaki Kwara Volleyball Association Quareeb Islamic Association Funmilayo Isiaka Oniwa Yahaya A Paniyaro Muritala Awodun Sunday Fagbemi Matthew Okedare

