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.

Yusuf Zulu-Gambari     ARMTI     Quranic Recitation Competition     Kwara North     Issa Baba     Hijaab     Sabi     Mahfouz Adedimeji     Ayobami Akanbi     Yusuf Abubakar     Kwara Apc     Bashir Badawi     Kwara Pdp     Taofik Abdulkareem     Solomon Edoja     Tsado Manman     Kwara Central     Kassim Babamale     Hussein Olokooba     Taofik Mustapha     Quran     Ahmed Mohammed Rifun     Abdulfatai Baakini     Bayo Mohammed Onimode     Funmi Salau     Basit Olatunji     Sheriff Shagaya     Haruna Olawale Sulaiman     Rasheed Jimoh     Khadijat Ayoola Yusuf     Muhammad-Mustapha Suleiman     Basic Education Certificate Examination     KWASAA     Local Government Pension Board     Plat Technologies Limited     Sulyman Tejidini     Tsaragi     Omotoso     NIPOGA     Olokoba Sulyman     Taofeeq Olateju     Ahman Pategi University     Moses Rahman Popoola     Government High School Adeta     Abdulquowiyu Olododo     Afolabi-Oshatimehin     Kolawole Bashirat     Rachael Obisesan     UNIFEMGA     Osinbajo     Hydroelectric Power Producing Areas Development Commission     V.O. Abioye     Suleiman Mora Omar     Democracy Day     Yaman     Rashidi Yekini     Baba-Isale     LABTOP     Kazeem Gbolagade     Jimoh Olusola Imam     Durbar     Towobola Abdulrahman Toyin     Inside Kwara     Sheikh Hamzat Yusuf Ariyibi     Abdulrahman Abdulrasak     Fola Consultant     Ekiti     Mutawali     Nigerian Correctional Service     Naira Redesign     Demola Banu     Tosin Saraki     IPSAS     Tuesday Assayomo     Kola Olota     Lanre Issa Onilu     Umar Adelodun    

Cloud Tag: What's trending

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

Lateef Fagbemi     Okasanmi Ajayi     Jaigbade Alao     ER-KANG Mining Nigeria Company Limited     CELF     General Tunde Idiagbon International Airport Ilorin     Ilorin Anchor Men And Women     Samuel Adaramola     Ibrahim Abdulkadir Abikan     NTA Ilorin     Amina Susa\'a De Ahmed     Ndakene     Saliu Ajibola Ajia     Offa Poly     Balogin Alanamu     Bukola Ajikobi     Tinubu Legacy Forum     Sulyman Atolagbe Alege     Babajide Ajayi     Mohammed Ibrahim     Ganmo     Hijab     Abdulrahman Abdulrazak     Code Of Conduct Tribunal     Kwara Pdp     Trade Lenda SME Fair     Irepodun     SAPZ Project     Sarakite     Makama Of Kaiama     Suleiman Ajadi     Tanke Flyover Bridge     Abubakar Bature Sulu-Gambari     Arinola Lawal     CACOVID Palliatives     Arandun     Universal Basic Education Commission     Ibrahim Agboola Gambari     Titus Suberu-Ajibola     Omotosho     Jide Oyinloye     Raji Ayodele Kamaldeen     Yusuf Abubakar     11th Galadima     Kehinde Baale     Awoye     Bello Bature     Ifelodun     Trader Moni     Monsurat Omotosho     Hajj     Kaiama     Sango-UITH Road     Afin Descendants Union Of Odo-Owa     Seed Technologies     Radio Kwara     Mohammed Yisa     Ahmed \'Lateef     Ilota     JMK Construction Company Limited     Moji Makanjuola     Kale Belgore     SSUCOEN     Olatunji Ayeni     Agboola Babatunde     EndSARS     Kwara State Printing And Publishing Corporation     Olusola Saraki     Kunbi Titiloye     Lateef Ademola Olatunji     Kudirat Arinola Lawal     Amos Sayo     Kwara State Pension Board     Ibrahim Akaje     Lawal Olohungbebe     Yinka Aluko     Salman Alada