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.
Saliu Alamoyo ITEM 7 AGF Abdulrazaq Kwara State Council Of Chiefs AbdulQowiy Olododo Babaita Shettima Bamidele Aluko Gbadeyan Gbadura Yomi Mohammed Lawal Apata Ajele Secondary School Fatai Adeniyi Garba Yusuf Mubarak Ramat Oganija Admiralty Villa Al-Hikmah University Sulyman Atolagbe Alege Saudat Abdulbaqi Bola Tinubu Olatunji Ayeni Baba Isale General Hospital, Ilorin NaAllah Abubakar Lah Ilorin Amusement Park Lanre Badmas HYPPADEC CCEPE Federal Polytechnic Offa Yusuf Abubakar Bio Ibrahim International Aviation College Ibrahim Bio Bello Oyedepo Abubakar Olusola Saraki National Association Of Nigerian Students Moshood Mustapha Kwara State Internal Revenue Service Lafia Aliyu Korasabi Okanlawon Taiwo JSSCE Nurudeen Mohammed Lateef Fagbemi Shehu Jimoh Saka Aleshinloye Dapo Teni Nig Enterprise Nigeria Customs Service Oke Sunna Democracy Day Muftau Akanbi Oke Ophthalmological Society Of Nigeria Elerinjare Rafiu Ajakaye Saliu Tunde Bello Senior Staff Union Of Colleges Of Education Sabi Olaiya Lawal Balogun-Ojomu Muhammed Mahe Abdulkadir 3MTT Yusuf Amuda Abubakar Maja Olubukola Kifayat Adedeji Muhammad-Mustapha Suleiman Bolaji Gambari Erubu Oba Zubair Code Of Conduct Bureau Abioye Bello IPSAS Oniyangi Kunle Sulaiman Ilesha-Gwanara Tuesday Assayomo Aliyu Adebayo Sobi Specialist Hospital Olatunji Abdulmumeen Abdulrazaq Aiyelabegan Sadiq Buhari

