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.
Ella Supreme Tissue Paper Kolade Solagberu Biliaminu Aliu Ishola Balogun Fulani Bamidele Aluko Busari Alabi Alausa Sabi Saba Jibril Lai Mohammed Aremu Bose Deborah Raymond Olaitan Bello Taoheed Abubakar Abdulsalam A. Yusuf Garment Factory Sulyman Age AbdulKareem Salihu Ajibola Ajia Azeez Bello Sun Qing Rong Ijakadi Millennium Development Goals Hausa Adesina Simon Sodiya Offa Grammer School Presidential Election Rachael Obisesan Nigerian Medical Association Mohammed Haruna Senior Special Assistant On Student Affairs JUSUN Jimoh Olusola Imam Bayo Ajia Abdullahi Saadudeen Alikinla Trader Moni Kwabes Yusuf Abdulkadir Al-Adaby Pakata Timothy Olatunde Fadipe Opaleke Bukola Iyabo Simeon Sule Ajibola Yoonus Lawal Ibrahim Abdulqadir Abikan Musa Ayinla Yeketi Saliu Tunde Bello Akanbi-Oke Abdulraheem Yusuf Playing Host Kayode Issa Salami Adekunle Ibrahim Oloriegbe Ibrahim Akaje Olomu Kishira Ahmed Bolaji Nagode Academic Staff Union Of Universities Musa Abdullahi Oniwasi Agbaye Aishat Sulu-Gambari Sai Kayi Eghe Igbinehin Umar Ahmed Gunu Ramadan Lanre Badmas Ohoro Of Shao Ganmo Electricity Sub-Station Chief Imam Of Lafiagi Sulu Gambari Inside Kwara Agboola Abdulraheem Yakubu Mohammed Abdullahi AbdulRazaq Abubakar Jiddah Coalition Of Kwara North Groups Local Government Pension Board Plat Technologies Limited Tanke Kwara Restoration Project Revenue Court

