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.
Funmilayo Oniwa Madawaki Of Ilorin Siddiq Adebayo Idowu Salawu Isau Abdulhakeem Adelaja Amao Jimoh Lambe Abdulkareem Kolawole Bashirat Bayo Ajia Kwara 2019 Biliaminu Aliu CBT Oba Of Jebba Memunat Monsuma Towobola Abdulrahman Toyin Gbenga Adebayo Yahya Mohammed Ganmo Power Sub-Station Kayode Laro Young Progressives Party Abdulfatai Ahmed Bukola Saraki Muhammed Mahe Abdulkadir Kayode Issa George Funsho Adebayo Abubakar Abdulraheem Okin Biscuit Alaaya Arik Hamidat Sulyman-Yusuf Bashiru Makama Abioye Bello Nurudeen Muhammed Abikan Bayer AG Rotimi Oyedepo Abubakar Aliagan Eruku Ibrahim Bio Assayomo Oro Grammar School Emir Of Kano Modupe Oluwole Durbar Folorunsho Alao Ajayi Okasanmi Erin-ile Saba Jibril Rachael Obisesan Baboko Primary School Senior Staff Union Of Colleges Of Education ENetSuD Ishaq Salman National Party Of Nigeria Sulyman Tejidini Yusuf Mubarak Federal Road Maintenance Agency Kazeem Gbolagade Funmi Salau National Information Technology Development Agency Na\'Allah Olaoye B. Felix Awodun Special Agro-Industrial Hub Read With Me Mustapha Olanipekun Yusuf Ibitokun Sherifat Samari Presidential Election Toyin Sanusi Oluronke Adeyemi Alimi Abdulrazaq National Association Of Nigerian Students Anilelerin Oyelere Oyinloye Muhammad Toyin Sanusi Makama Odogun Olushola Gabriel

