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.
CELF Salihu Alhaji Musa Kwara Volleyball Association Abdulkadir Jimoh Lucky Omoluwa Kwarareports.com Opaleke Bukola Iyabo Tunde Oyawoye Ayo Salami Olajumoke Monsura Gafar Na\'Allah Waheed Ibrahim Junior Secondary School Certificate Examinations Umar Gunu Balikis Jawondo Yahaya Seriki Gambari Ilorin Descendants Progressive Union Arik Samuel Olusegun Adedayo Fawenu Dasuki Belgore David Adesina Rafiu Olasile Shettima SAPZ Project Suleiman Mora Omar Academic Staff Union Of Universities Suraj Tunji Oyewale Garment Factory V.O. Abioye Oyelere Oyinloye Monthly Sanitation Elerinjare-Ibobo Micheal Imodu-Ganmo Road Salihu Ajibola Ajia Ubandoma Ophthalmological Society Of Nigeria KwaraLearn Mohammed Khadijat Kubura Esuwoye Sola Saraki University Ayotunde Emmanuel Alao Okoolowo Iponrin Shuaibu Yaman Congress For National Consensus Jimoh Olusola Imam Olohungbebe Onilorin Of Ilorin Raji Ayodele Kamaldeen Jimba Babatunde Kale Belgore Gbenga Olawepo Ilorin International Airport Clara Nwachukwu Tinubu Legacy Forum Yahaya Muhammad Alabi Lawal Suleiman Alege Kuranga National Party Of Nigeria Ilorin Emirate Staff Association Razaq Ayobami Akanbi Yusuf Lanre Badmus Saka Asiat Ayinke Ubandawaki AbdulRahman Saad Kwara State Health Insurance Agency Bamidele Adegoke Oladimeji SGBN Hakeem Idris Bello Oyedepo Abubakar Bature Sulu-Gambari Owu Fall CUTI George Funsho Adebayo Kwara State Branch Of The National Library Abdulsalam Firdaous Amosa

