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.
Abdullah Janet Amudat Olokoba Abdullahi Ayinla Ilorin Emirate Offorjama KW-GIS Odo-Owa National Pilot Simon Sayomi Abdulrahman Abdulrazaq Ella Supreme Tissue Paper Bankole Omishore Centre For Peace And Strategic Studies Theophilus Oyebiyi ASUU Najim Yaasin Ronke Adeyemi Zainab Abass Okin Malt KFA Junior Secondary School Certificate Examinations Irepodun Saheed Akinwumi Ifelodun Afolabi-Oshatimehin Azeez Salawu Danladi Salman Suleiman Federal Neuro-Psychiatric Hospital Kumbi Titilope Plat Technologies Shehu Raheem Adaramaja Olayinka Jelili Yusuf Oba David Oyerinola Adedunmoye ASKOMP Muideen Olaniyi Alalade Fatai Garuba Labaka Olusegun Adeniyi Code Of Conduct Bureau Femi Oladiji Ajibola Saliu Ajia Ado Ibrahim General Hospital, Offa MAI Akande Rihanat Ajia Wahab Egbewole Ajase-Ipo Bayo Ajia Abubakar Lah Ilorin General Hospital Habeeb Saidu Ibrahim Taiwo Road Omotosho Mohammed Halidu Sunday Otokiti Emir Of Yashikira Femi Ogunsola Gbenga Awoyale Economic And Financial Crimes Commission Yahaya Oloriegbe IF-K Akeem Olatunji Shao Bello Bature Benin Republic Jumoke Gafar Balogun Ajikobi Sunday Popo-Ola S.O. Opowoye John Olobayo Tunji Folami International Vocational Centre Oluwarotimi Boluwatife Adenike Guber Aspirant Congress For National Consensus Hassan Taiye Salam Federal Road Maintenance Agency Kubra Kazum

