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.
Babaita Alfa Yahaya Road Osi Kpotum Mohammed Baba Olatunji Ayeni Kwara State Health Insurance Agency Nigerian Medical Association Mahmud Babatunde Baker Ajibike Katibi Ariyo Segun Adeniyi Wole Oke Saba Jibril Akanbi-Oke Innocent Okoye Alloy Chukwuemeka Elections Maryam Nurudeen Sola Saraki University Abiodun Abdulkareem Iyaloja-General Kwara State Internal Revenue Service Bilikisu Oniyangi Funmilayo Isiaka Oniwa NAWOJ Computer Based Test Sardauna Of Ilorin Salary SDP Oluranti Idowu Universal Basic Education Commission Tunji Oyawoye Medview Airlines Aliyu Muhammed Abdulrazaq Sanni Fawenu CUTI Convocation Ceremonies Adam Abdullahi Al-Ilory Idris Garuba Women Radio Facemasks Toyosi Thomas Adama Isa Shuaib Boni Aliyu Olusin Of Ijara Isin Abubakar Imam Salmon Babatunde Salmon Ridhwanullah Al-Ilory T And K FOODS Shonga Farm Project Ayedun Roheemat Hammed Adijat Adebiyi John Olajide Adedipe Road Transport Employers Association Of Nigeria JUSUN Offa Eruku CCT Adamu Ibrahim Sabi Abdulrahman Abdulrasak Sun Qing Rong Alaaya Local Government Okanlawon Taiwo SSUCOEN Aisha Buhari Ibraheem Adeola Katibi KWASAA Nigerian Correctional Service Law School Scholarship Hamid Bobboyi KWTV Talaka Parapo Agboola Babatunde IYA YUSUF

