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.

Umaru Saro     Sardauna     Ambassador Kayode Laro     Suleiman Idris     KWATMA     Oyedun Juliana Funke     Vasolar     IYA YUSUF     Post-utme     Peculiar Allowance     Abdulrazaq Magaji     Mustapha AbdulGaniyu     Ilesha Gwanara Road     Folorunsho Alao     Babatunde Ishola Babaita     Mohammed Ghali Alaaya     Sabi     Agbarigidoma     Wahab Isa     Yusuf Badmus     Gobir Organization Foundation     Shuaib Olarongbe     Bankole Omishore     Salary     Bisi Kristien     Ibraheem Adeola Katibi     Makama Of Ilorin     Abdulwasiu Bolaji Adeyi     AbdulKareem Yusuf Danhawa     Kamoru Kadiri     AIT Ilorin     Code Of Conduct Bureau     Saka Asiat Ayinke     07039448763     Rasheed Jimoh     Yomi Adeboye     David Adesina     Oba Mogaji Abdulkadir     Rafiu Ajakaye     Mutawalle     Ibrahim Taiwo Road     Tunde Saad     Abubakar B.M     Bola Sagaya     Oloruntoyosi Thomas     KFA     Mahmud Ajeigbe     Isaac Gbenle     Ethical College     Bola Ahmed Tinubu     Moremi High School     Afusat Nike Ibrahim     FOMWAN     Local Government Pension Board     Saad Omo\'ya     Umar Ahmed Gunu     Rueben Parejo     Oba Abdulrahim     Ghali Alaaya     Abdulfatah Ahmed     Abioye Bello     Raymond Olaitan     Tunji Arosanyin     Shuaib Jawondo     Bolakale Kawu     Zulu Gambari     Oko-Erin     Salihu S. Yaru     Samuel Elizabeth Keatswa     Amada Jidda     Abegunde Goke     Senior Ibrahim Suleiman     Senate Presidency     Islamic Development Bank     March 28     Amina El-Imam     Oba Sulaiman Asude    

Cloud Tag: What's trending

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

Alagbado     Aliyu Kora Sabi     Sulu Gambari     Gamji Members Association     Ilesha-Gwanara     Playing Host     Yusuf Aiyedun     Ilesha Gwanara Road     Revenue Court     TIIDELab     LABTOP     Imam Gambari     Lukman Adeloyin     JAAC     Yusuf Ali     Dumagi     Ibrahim Issa Jetti     James Kolo     Buhari     Kwara     Iponrin     Usman Yunusa     Christopher Odetunde     Kwara Apc     Gbemisola Oguntimehin     Abdulsalam A. Yusuf     Isapa     LEAH Charity Foundation     Modibbo Kawu     Ndakene     Erin-ile     Samuel Adedoyin     Valsolar-Kwara Company Limited     AbdulKareem Yusuf Danhawa     HAMFAT Clinic And Maternity     Yemi Sanni     Abdullahi Biffo     Dan Masanin     Dan Iya Of Ilorin     Sarakite     Mohammed Ghali Alaaya     Unilorin     Monkey Pox     Ahmed Dankaya     Halimat Yusuf     JMK Construction Company Limited     Yusuf Babatunde Abdulwahab     Adegoke Bamidele     Third Estate     Aisha Ahman Pategi     Aliyu Muhammed     Lanre Olosunde     Mahe Abdulkadir     Kulende-UITH     Kpotum Mohammed Baba     Umar Gunu     AGILE Programme     Principal Private Secretary     Kwara Central     Ilorin Talaka Parapo (ITP)     Medinat Folorunsho Salman     Esinniobiwa Quareeb     Countryside Emerging Leaders Fellowship     Ayo Salami     Rice Farmers Association Of Nigeria     Bareke     Lanre Aremu     Saka Balikis Kehinde     Yusuf Abdulkadir     Wahab Isa     Osi     Maigida     Kwara State Branch Of The National Library     Olofa Of Offa     JUSUN     Ahmad Lawan     Kwara TV