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.

Sulyman Age AbdulKareem     Akanji     Balogun Fulani     Imam Gambari     Isiaka Alikinla     Bamidele Adegoke     Saliu Tunde Bello     Government High School Adeta     Olayinka Olaogun     ENetSuD     Adeleke Ogungbe     Olokoba Sulyman     Jumoke Gafar     Salary     Olaiya Victor Mobolaji     Oba Sulaiman Asude     Alapado     Irepodun     Sulyman Abdulkareem     Babajide Ajayi     Offa     Shade Omoniyi     Binta Abubakar Mora     Curfew     Council Of The Wise     Mohammed Ghali Alaaya     Salau Kabiru Abdullahi     Olaitan Buraimoh     Bareke     Issa Baba     Alapansapa     Bluenile Associates     Aliyu Kora-Sabi     Iliasu     Balogun Ajikobi     Kisra     Forgo Battery     Kwara Apc     Aliyu U. Tilde     Tunji Arosanyin     Jimoh Bashir     Yoruba     Bashir Omolaja Bolarinwa     Principal Private Secretary     Wahab Femi Agbaje     Garment Factory     Hassan Oyeleke     Kwara Pdp     Isiaka Danmeromu     Hamidu Olowo     Ilesha-Baruba-Gwanara     Doyin Awoyale     Olohungbebe     Umar Adelodun     Busari Toyin Isiaka     Majlis For Sadakah, Zakat And Waqf     Lanre Badmas     General Hospital     Sa\'adu Gambari     Awoye     Shuaib Boni Aliyu     Baba Isale     Kishira     Salihu Yahaya     Abubakar Olusola Saraki     Bashirat Bola Bello     Babatunde Ishola Babaita     Agboola Babatunde     Ganmo Electricity Sub-Station     Saka Saadu     Dar-Al-Handasah Consultants     Isiaka Gold     Face Masks     Elesie Of Esie     AbdulGaniyu Kareem     Ayekale     Funmilayo Zubair    

Cloud Tag: What's trending

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

Abdullateef Abdussalam     AGM Professional Services     Nurudeen Mohammed     Raji Ayodele Kamaldeen     Onilu     Unicontinental Construction Company     Kayode Issa     Ambassador Kayode Laro     Aisha Ahman Pategi     Ibraheem Adeola Katibi     Aliyu Sabi     Olatunji Ayeni     Albert Ogunsola     Afonja Descendants Union     Abdulwahab Ololele     Okiki     Sadiq Umar     Economic And Financial Crimes Commission     Hussein Olokooba     Aliyu Kora Sabi     Tanke     Eleyele     YAKOOYO     Asiwaju Bola Tinubu     Olayinka Olaogun     Yusuf Lanre Badmas     Damilola Yusuf     Ojo Isekuse     IsDB     CELF     Hausa     Ishak Mohammed Sabi     Wakilin Mata Lafiagi     Olomu     Afolasade Opeyemi Kemi     Yinka Aluko     NULGE     Toyin Olayinka Tejidini     National Information Technology Development Agency     Florence Saraki     Kwara United     Tunde Yusuf     Ishola Balogun Fulani     Yusuf Lanre Badmus     Bankole Omishore     New Nigeria People’s Party     Idris Garba     Abdulmalik Bashir Mopelola Risikatullahi     Oyedun Juliana Funke     LABTOP     Fola Consultant     Federal College Of Education (Special), Afon     Ilota     Ilorin West/Asa Federal Constituency     Abdulraheem Yusuf     Tosho Yaqub     Oba-Solagberu     Saadatu Modibbo-Kawu     Emir Of Kano     Ibrahim Labaika     Obasanjo     2023 Elections     Iponrin     Busari Alabi Alausa     Olokoba     Ilorin Like-Minds     Chemiroy Nigeria Limited     Baruten     Temi Kolawole     Raliat Islamic Foundation     Ita-Nmo Market     David Oyedepo     Folorunsho Erubu     Issa Baba     Salihu Ajibola Ajia     Ilorin East     Special Adviser On Digital Innovation