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.
Dan Masanin Olatunji Abdulmumeen Saheed Akinwumi Ibrahim Mashood Abdul-Rasheed Na\'Allah Olokoba Sulyman Dan-Kazeem Ophthalmological Society Of Nigeria NTA Ilorin Just Event Online Sheriff Olanrewaju Aminu Ado Bayero Azeez Salawu Magaji Erubu Yemi Osinbajo Oloje Senior Ibrahim Suleiman Alfa Modibo Belgore Bankole Omisore Babatunde Idiagbon Gafaru Olayiwola Olorisade KWASAA Ajakaye EndSARS Air Peace Tanke Adama Isa Ita-Ore Coalition Of Kwara North Groups Aliyu Alhassan Towoju Muhammad Yahya Bukola Ajikobi Ayodele Kuburat Olaosebikan Harafat E. Mukadam Saad Omo\'ya Ayegbeni John Obuh Yunus Oniboki Isaac Aderemi Kolawole UTME Funmilayo Isiaka Oniwa Ayobami Seriki Elerin Of Erin-Ile Ilorin Talaka Parapo Revenue Court Ali Ahmad Abubakar Baba Sulaiman Sabo-Oke Post-utme Adesina Simon Sodiya James Kolo Siraj Oyewale Oluronke Adeyemi Raji Ayodele Kamaldeen Ebola Odogun Olushola Gabriel Sulu Gambari Muhammad-Mustapha Suleiman Aishat Mohammed Lawal Kwara Basketball Association Valsolar-Kwara Company Limited Haleeman Salman Y.A. Abdulkareem Issa Baba Deji Ajani Ethical College Mazars Consulting Bluenile Associates Sai Kayi Gbemisola Saraki Waziri Yakubu Gobir Amuda Musbau Quarry Royal Valley Ilorin Muslim Community Segun Olawoyin Sheu Ndanusa Usman

