ALLEGATIONS, COUNTER ALLEGATIONS TRAIL ALLEGED PLAN TO SELL KWARA EXPRESS

Date: 2014-03-30

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.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Olomu     Ishaq Abdulkarim     Peter Amogbonjaye     Arinola Lawal     Mamman Saba Jibril     Yoonus Kola Olatinwo     Oko Erin     Raliat Elelu-Habeeb     Agboola Babatunde     Arca Santa     Idris Amosa Oladipo Saidu     Sola Saraki Educational Foundation     Tunde Oyawoye     KWASEIC     Oro Grammar School     Toun Okewale-Sonaiya     Bayo Ojo     Afonja Descendants Union     Gbenga Adebayo     Kwara State Internal Revenue Service     Naira Redesign     Olupako     Olaiya Victor Mobolaji     Ayodele Kuburat Olaosebikan     Communication Network Support Services     Abubakar Usman Jos     Abdulrasheed Na\'Allah     IPSAS     Bashiru Makama     Ramadhan     Muhammed Danjuma     Seun Bolaji     N-Power     Taiwo Joseph     Hameed Oladipupo Ali     AbdulRauf Keji     Baboko Primary School     Joseph Bamigboye     Awoye     Moshood Kashimawo Abiola     Agboola Abdulraheem     Kwara Volleyball Association     Oasis Muslim Care Foundation     Lasiele Alabi Yahaya     A.G.F Abdulrasaq     Adesoye College     Mohammed Yahaya Barki     Y.A. Abdulkareem     Najim Yaasin     Government High School (GHS), Adeta     Bahago     Yusuf Amuda Abubakar     Towoju     Ilorin Likeminds Foundation     Seni Saraki     Roheemat Hammed     Azeez Salawu     Lateef Fagbemi     Binta Abubakar Mora     Nigerian Army     Oyawoye     Bamidele Adegoke     Kumbi Titilope     Abikan     Sa\'ad Alanamu     NNPP     Sunday Otokiti     Bola Olukoju     Aisha Ahman-Pategi     Kwara Poly     Alore     Alao Ayotunde     Boko Haram     Imam Gambari     ER-KANG     Kwara 2023     Mohammed Lawal    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Saidu Isa     Kwara State Government     Kwara Polytechnic     Olaosebikan     Bahago     Olatunji Moronfoye     Adolescent Girls Initiative For Learning And Empowerment     Oyin-Zubair     Mohammed Halidu     Modupe Oluwole     Abdulrasheed Na\'Allah     Emmanuel Olatunji Adesoye     Tunji Oyawoye     Halidu Danbaba     Umar Saro     Olaiya Victor Mobolaji     KWSUED     IHS Towers     Shehu Jimoh     IHS     All Confederation Of Principals Of Secondary Schools     Garuba Alikinla Shittu     Mahmud Ajeigbe     David Oyepinola Adedumoye     Saduki Lafiagi     Opaleke Bukola Iyabo     Ubandoma     David Oyedepo     Ilorin     Yahaya A Paniyaro     Okin Group     IYA YUSUF     Aisha Buhari     Kwara NIPR     Abdullateef Abdussalam     Yemi Osinbajo     Freshvine Nigeria Limited     Joseph Bamigboye     Emir Of Lafiagi     Abdulwahab Oba     Orire     Otoge     N-Power     Amosa     Tunji Olawuyi     Isiaka AbdulRazaq     Maryam A. Garuba     Maja     Kwara 2019     Pilgrims Board     IFK     Saudat Abdulbaqi     Ita-Ore     Kazeem Adekanye     Kayode Oyin-Zubair     Bola Shagaya     Offa Metropolitan Club     Okin Biscuit     Oju Ekun Sarumi     Saheed Popoola     Jebba     Igbaja     Muftau Akanbi Oke     UTME     Ilorin Central Mosque     Laduba     Ayodele Kuburat Olaosebikan     Ojo Fadumila     Timothy Olatunde Fadipe     Kwara Central     Risikat Lawal     Dorcas Afeniforo     KWTV     Agboola Babatunde     Gbemi Saraki     Ayinde Oki     Taofeek Sanusi