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.

Lafiagi     Yusuf Amuda Aluko     Ilorin Anchor Men And Women     Sulu Babaita Isiaka     Amosa     Elesie Of Esie     Dan Iya     Abdulhakeem Adelaja Amao     Ilorin South     Ilorin General Hospital     IEDPU     Yakubu Mohammed Abdullahi     Sango-UITH Road     Hydro-electric Power Producing Areas Development Commission     Isiaka Danmeromu     Alimi Abdulrazaq     Bursary     Playing Host     Aminu Adisa Logun     Shade Omoniyi     Shuaib Abdulkadir     NIPR     Raliat AbdulRazaq     Dauda Adesola     Abdulrasheed Na\'Allah     Mohammed Yahaya Barki     A.O. Belgore     Ibikunle Ogunleye     Ayoade Akinnibosun     Lukman Adeloyin     Mansurat Amuda-Kannike     Chief Imam Of Offa     Omoniyi Ayinla     Frootify     Universal Basic Education Commission     Radio SBS     Okiki     Saka Keji     Ghali Alaaya     Kwara Metro Park     Yusuf Amuda Gobir     Paul Odama     Hassan Taiye Salam     Local Government     Maimunat Oniyangi     Abdulrasaq Alaro     High Court     HYPPADEC     Lanwa     Ahmed Idris Mohammed     Alaaya     Sun Qing Rong     Rabiu Kwankwaso     Wale Oladepo     Sabi     Bola Tinubu     Women Radio     Shururat Olatinwo     Ayobola Ipinlaiye     Aisha Buhari     Seed Technologies     Erin-ile     Adeola Abraham     Sunday Fagbemi     08001000100     Wahab Agbaje     Owu Fall     SARS     Boko Haram     Afetu Of Alabe     Mustapha Akanbi     Olatunde Oyeyiola     Mohammed Katsina Ahmed     Kolade Solagberu     Elewu     Taibat Ayinke Ahmed     Funmilayo Oniwa    

Cloud Tag: What's trending

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

PPS     Abubakar Usman Jos     Na\'Allah     Kwarareports.com     NURTW     Emmanuel Olatunji Adesoye     Oyeyemi Olasumbo Florence     Alaaya     University Road     Salake     Jide Ashonibare     Simeon Sayomi     Kwara State Health Insurance Agency     Habeeb Abdullahi Al-Ilory     Mohammed Kamaludeen     Femi Agbaje     Offa Metropolitan Club     Zainab Abass     Abdulquawiy Olododo     JAMB     Simeon Sule Ajibola     United Nigeria Airline     Saliu Ajia     Ilorin Anchor Men And Women     Kwara NIPR     Ifelodun     Allocation     Abdulazeez Arowona     AbdulRauf Keji     Ezekiel Yissa Benjamin     Amuda Musbau     Popo-Igbonna     Abiodun Abdulkareem     Tunji Ajanaku     Olusegun Adeniyi     Shuaib Abdulkadir     Maigida     David Oyepinola Adedumoye     Ibrahim Orire     Lai Mohammed     Maryam Nurudeen     Toyin Saraki     Omupo     Yusuf Lanre Badmas     Laboratory-to-Product     Oba Abdulkadir La\'aro     Kwara State Television (KWTV)     Afolasade Opeyemi Kemi     Saka Abimbola Isau     Post-utme     Gbemisola Saraki     Abubakar Imam     Samuel Olusegun Adedayo     Shehu Salau     LEAH Charity Foundation     Rebecca Bake     Shehu Jimoh     National Information Technology Development Agency     Abdulmalik Bashir Mopelola Risikatullahi     Okanlawon Musa     Musa Yeketi     Abdullahi Biffo     Muslimah Entrepreneurship Forum     Madawaki Of Ilorin     Mohammed Haruna     Doyin Agbamu     Hassan Taiye Salam     Bukola Ajikobi     Ramadhan     Musa Ayinla Yeketi     Raimi Iyanda     Chief Of Staff     Kwara State Infrastructure Development Fund     Kwara Politics     Imam Gambari     MATTA Girls Foundation     Saad Belgore