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.
SSA Youth Engagement Yahaya A Paniyaro Saliu Shola Taofeek Alore Unilorin Onilu Just Event Online Ganiyu Abolarin Ibikunle Ogunleye Abdulrazak Shehu Akorede Erubu Yahya Mohammed Reuben Paraje Yomi Adeboye Halimah Perogi Omu-aran Geri-Alimi Split Diamond Interchange Tunji Moronfoye Titus Suberu-Ajibola Oko Abubakar B.M Kola Adesina Peter Obi Ajia-Bako Solomon Edojah Musa Alhassan Buge Olawuyi Jimoh Lambe Abdulkareem National Association Of Nigerian Students Olaiya Victor Mobolaji April 11 Balogun Gambari Abubakar Aliagan Titus Ashaolu ITEM 7 Abdulwahab Oba Ibrahim Gambari Ethical College Sebastine Obasi Omotosho Bello John Olanrewaju Bolaji Aladie Emir Of Yashikira Oba Abdulrahim MAI Akande Yusuf Abubakar Turaki Of Ilorin John Mayokun Dada Okin Biscuits Saba Jibril REO CAKES Kwara State Governor Ndakene Amos Bajeh Hameed Oladipupo Ali Sabi ER-KANG Oniwasi Agbaye Basit Olatunji Leke Ogungbe Communication Network Support Services Olokoba Sulyman Asa LGEA School Umar Ayinla Saro Muhammad-Mustapha Suleiman Elerin Of Erin-Ile Centre For Community Empowerment And Poverty Eradication Umar Danladi Shero Federal College Of Education (Special), Afon GGDSS Pakata Olatunji Abdulmumeen Baba Adini Of Kwara State Ajuloopin Suraj Tunji Oyewale Sheikh Hamzat Yusuf Ariyibi Halidu Danbaba Sherif Sagaya

