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.
Egbejila Ibrahim Abdulkadir Abikan Mahfouz Adedimeji Oni Adebayo Bureau Of Lands Ishola Moses Abiodun Abdulrahman Abdulrazaq Kayode Zubair YAKOOYO Alliance For Democracy Gbajabiamila Inside Kwara Amasa Isaac Aderemi Kolawole Taofeek Sanusi Olatunji Ayeni General Tunde Idiagbon International Airport Ilorin MATTA Girls Foundation National Pilot Alabe Toyosi Thomas Isau Matthew Okedare Undergraduate Bursary Aliyu Alhassan Abdulwasiu Bolaji Adeyi Bolaji Abdullahi Ladi Hassan Dele Momodu Abdulrahman Abdullahi Kayode Amuda Bembe NIRSAL Okin Biscuits Rotimi Oyedepo Adedayo Yusuf Abdulkareem Kola Ologbondiyan Baba Issa Awoye Ilorin East/South Federal Constituency Police Commissioner Odo-Owa Toyin Olayinka Tejidini S.O. Opowoye Oluranti Idowu Oke-Kura Olugbense Mohammed Alabi Lawal Raymond Olaitan Abdullah Janet Amudat Aminu Adisa Logun IQRA College Tunde Mukaila Mustapha Code Of Conduct Niyi Ogundiran Abdul-Rahoof Bello Aishatu Ahmed Gobir Gbugbu Monkey Pox Centre For Digital Economy Lanre Issa-Onilu Belgore LABTOP Rueben Parejo Abdulrazaq Akorede Women For Change And Development Initiative Abubakar Baba AbdulHakeem Ajibola Akanbi Kwara State Football Association AbdulQowiy Olododo Trader Moni A.O. Belgore Shuaibu Yaman Twitter Ilorin General Hospital Joseph Yemi Ajayi Ajike People Support Centre Bola Magaji Amina Susa\'a De Ahmed

