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.
Ilesha-Baruba-Gwanara Esinniobiwa Quareeb Ojo Isekuse General Tunde Idiagbon International Airport Ilorin Rasheed Jimoh Yemi Sanni Haruna Olawale Sulaiman Wahab Agbaje Abdulrauf Yusuf Habeeb Abdullahi Al-Ilory Kunle Akogun Illyasu Abdullahi Salman Alada Ilorin Water Reticulation Olatunji Abdulmumeen Isiaka Danmeromu Apaola Omoniyi Ilorin Emirate Kishira Hakeem Idris Share-Tsaragi Issa Baba Eghe Igbinehin KWASAA Rebecca Olanrewaju Michael Nzwekwe JMK Construction Company Limited Ishola Moses Abiodun Apado Mohammed Ajia Ibrahim Veterinary Teaching Hospital Abikan Arinola Fatimoh Lawal Salmon Babatunde Salmon NaAllah Jimoh Saadudeen Muhammed Ahman Patigi Paul Odama Moses Afolayan Abdulrasaq Alaro 2023 Elections Unicontinental Construction Company Aliyu Muyideen AbdulRauf Keji Abdullahi Imam Abdullahi Aisha Abodunrin Ibrahim Summit University Rihanat Ajia Local Government Abdulkadri Ahmad Alaiye Adamu B. Yaqubu Adegoke Bamidele Ilorin International Airport Gbenga Awoyale Olokoba Ibraheem Abdullateef Amoyo Ishak Mohammed Sabi Quran Gwanara Offa Poly Sheriff Shagaya Sa\'adu Salau Bola Iyabo Ibiyeye Adisa Adanla-Irese Pakata Development Association Javed Khan Shururat Olatinwo Sheikh Ariyibi Olaosebikan Muhammad-Mustapha Suleiman KWASIEC Lateef Ademola Olatunji Abdulrazaq Solihudeen Grillo Asa LGEA School

