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.
Sulyman Atolagbe Alege Split Diamond Interchange Share Razaq Ayobami Akanbi Abatemi Usman Tafida Of Kaiama Donatus Ejidike Sulyman Abdulkareem Omoniyi M. Ayinla SWAN Saliu Oluwole Bahago Toyin Olayinka Tejidini Suleman Abubakar Abdulmajeed Wahab Ibrahim Issa Jetti Ganmo Power Sub-Station PAACO-PCL Consortium Femtech Ohoro Of Shao Doyin Group Saidu Yaro Musa Centre For Community Empowerment And Poverty Eradication Kwara North Kwara 2015 Ganiyu Taofiq Valsolar-Kwara Company Limited Ali Ahmad EFCC Haashim Initiative For Community Advancement Babatunde Ishola Babaita Ayodele Olaosebikan Abdulrazaq Akorede Kolo Tinubu Legacy Forum Abdul-Rasheed Na\'Allah Chief Imam Of Ilorin Jimoh Akani Olaiya Zuberu Abdulkadir Remi Hawawu Lukman Oyebanji Fagbemi Abdulazeez Uthman Gobirawa Ajike People Support Centre Bamidele Adegoke Aisha Ahman Pategi Salary Dasuki Belgore Oloyede Kola Bukoye Rihanat Ajia Ado Bayero Victor Gbenga Yusuf Onilorin Of Ilorin Ibrahim Abiodun Moronfoye Salaudeen Oyewale Gobir Adebara Demola Banu Ilorin Likeminds Foundation Balogun-Ojomu Magaji Erubu Oke-Odo Abdulrahman Abdulrazaq Special Agro-Industrial Hub Amosa Lafiagi Adisa Logun Pacify Labs Sanitation Exercise Dan-Kazeem Issa Oloruntogun Amos Justus Sayo Sulaiman Gado Plat Technologies AbdulRaheem Ahmad Shayi

