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.
Kayode Zubair Pategi Surajudeen Akanbi Binta Abubakar-Mora Oba David Oyerinola Adedunmoye Olubukola Kifayat Adedeji Doyin Awoyale Yusuf Olaolu Ali Muslim Media Watch Group Of Nigeria Babatunde Ajeigbe Oko Fatai Olodo LAK Jimoh Erubu Shonga AGILE Programme Adedipe Kazeem Gbolagade Kwara State Council Of Chiefs Isiaka Oniwa Fola Consultant Titus Ashaolu Wahab Agbaje Yusuf Lanre Badmas Nigerian Army Salihu S. Yaru Oloje Egbewole AbdulRauf Keji Ilota Tricycle Owners Association Of Nigeria Lukman Oyebanji Fagbemi International Aviation College Isiaka AbdulRazaq Funke Adedoyin Waheed Ibrahim Kwara Primary Health Care Development Agency Shuaibu Yaman Abdullahi Oni Adebayo Kwara State Government Babatunde Ishola Babaita Olatunde Jare Ilorin Descendants Progressive Union Femi Oladiji Ilorin West Sebastine Obasi Photo News Muhammad-Mustapha Suleiman Bola Olukoju Veterinary Teaching Hospital Joshua Adeyemi Adimula Owo Isowo Olayinka Are Adebayo Salami Abdulquawiy Olododo Hijaab Abiodun Abdulkareem Ilorin South Okasanmi Ajayi Sa\'adu Gambari Monsurat Omotosho Olatunde Olukoya Summit University Road Transport Employers Association Of Nigeria Abubakar Ndakene Ademola Kiyesola Olaitan Buraimoh Umar Ayinla Saro Mutawali NaAllah Agboola Abdulraheem Adaramaja Solomon Edojah Ahmed Saidu Rufai Funmilayo Mohammed Nigerian Correctional Service Wasiu Odewale

