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.

IHS Towers     Basit Olatunji     Kassim Babamale     Kwara Liberation Group     Abubakar Abdulraheem     Vasolar Consortium     Economic And Financial Crimes Commission     Kwara Metro Park     Oba Of Jebba     Rabiu Kwankwaso     Emir Of Shonga     Park     Grillo     Solomon Edoja     Yaru     Sunday Fagbemi     Rafiu Ajakaye     Micheal Imodu-Ganmo Road     Dagbalodo     Sarah Alade     Kale Belgore     Oniwasi Agbaye     Musibau Akanji     Bluenile Associates     Tuesday Assayomo     Tafida Of Kaiama     JUSUN     Chikanda     Centre For Peace And Strategic Studies     Mopelola Abdulmaliq-Bashir     Olatinwo     PPS     New Naira Notes     Ghali Alaaya     Mufti Of Ilorin     Abiodun Abdulkareem     Valsolar Consultoria     Nigeria Customs Service     Hydroelectric Power Producing Areas Development Commission     KWTV     Jumoke F. Ajao     Sulyman Age AbdulKareem     Kwara Teaching Service Commission     Abdulrazaq Sanni     Moses Afolayan     Oyeyemi Olasumbo Florence     Siddiq Adebayo Idowu Salawu     Ghali Muhammed     Eleyele     Third Estate     Ganmo Power Sub-Station     Ibrahim Kayode Adeyemi     Maryam Ado Bayero     George Funsho Adebayo     Leke Ogungbe     General Hospital     Hakeem Lawal     Shero     Coronavirus     Opaleke Bukola Iyabo     NNPP     Yusuf Amuda Aluko     Olatunji Ayeni     Al-Hikmah Radio     Egbewole     Ishaq Salman     Lawan     Tunde Kazeem     Alabe     Mahee Abdulkadir     Standard Organization Of Nigeria     Abdulwahab Oba     Adesina Simon Sodiya     Federal College Of Education (Special), Afon     Isiaq Khadeejah     Femtech     Manzuma    

Cloud Tag: What's trending

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

Fatimat Saliu     Senior Staff Union Of Colleges Of Education     Kisira     Mutawali     Kawu     Abdullahi G. Mohammad     Elesie Of Esie     KWSIEC     Alfa Belgore     Assayomo     Salman Jawondo     Azeez Salawu     Afusat Nike Ibrahim     Opolo Global Innovation Limited     Simeon Sule Ajibola     GAMA     Afolabi-Oshatimehin Adenike Harriet     Sola Saraki Educational Foundation     KFA     Suleiman Rotimi Iliasu     Okin High School     Alfa Yahaya Road     Kehinde Boyede     Wahab Egbewole     Olatunde Olukoya     Saka Keji     Joseph Offorjama     Prince Mahe Abdulkadir     Yusuf A. Usman     NaAllah     Abdulazeez Arowona     Ibrahim Gambari     Alabi Olayemi Abdulrazak     Asa     Agboola Abdulraheem     Yusuf Abdulraheem     Sheu Ndanusa Usman     Tafida Of Ilorin     Bursary     Village Alive Development Association     Bello John Olanrewaju     Sunset Workers     Kwara State Geographic Information Service     Zubair Folorunsho Erubu     Mansurat Amuda-Kannike     Lawal Olohungbebe     Ilorin Anchor Men And Women     Galland Marcias     SARS     Abdulwahab Ololele     Kwara 2023     Abegunde Goke     Okin Biscuit     Zulu Gambari     Oke-Kura     Abubakar Imam     Mahmud Ayinla Giwa     Saheed Popoola     Bayo Lawal     Alabere     Vasolar-Kwara Company Ltd     Kwarareports.com     Olokoba Abdullahi Ayinla     Doyin Group     Aliyu Alhassan     Ghali Alaaya     Ibrahim Akaje     Dan Iya Of Ilorin     Kwara State Football Association     Sabitiyu Grillo     Razaq Ayobami Akanbi     Ilorin Talaka Parapo     Edu     2017 Budget     Awwal Jawondo     Reuben Paraje     Centre For Community Empowerment And Poverty Eradication