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.
Ibrahim Jawondo Kola Adesina Iyiola Oyedepo Abdulraheem Yusuf Ibrahim Issa Jetti Usman Yunusa Shuaibu Yaman Nigerian Supreme Council For Islamic Affairs Taofik Abdulkareem Jalala Abiodun Abdulkareem Flights To Ilorin Senior Ibrahim Suleiman Funke Adedoyin Aliyu Kora-Sabi Babaloja-General Chief Imam Of Lafiagi HICA Junior Secondary School Certificate Examinations Ghali Muhammed Monthly Sanitation Exercise David Oyedepo SSUCOEN Bisi Oyeleke Maimunat Oloriegbe Ilorin Like-Minds Yemi Sanni IYA ALFA NLA Vasolar-Kwara Company Ltd Kwara State Health Insurance Agency Minimum Wage COEASU Folashade Omoniyi National Information Technology Development Agency Islamiya Abdulraheem Share-Tsaragi Ayinde Oki Susan Modupe Oluwole Abdulrahman Abdulrasak Akeem Olatunji Oluwole Dupe Modibbo Kawu Yakubu Shaaba Jimoh Akani Salaudeen Oyewale Stephen Fasakin Sulyman Abdulkareem ASMAU PLAZA Abdullahi Saadudeen Alikinla Deji Ajani AbdulFatai Adeniyi Dan-Kazeem Abdulkadir Akanbi-Oke Neuropsychiatric Hospital Idofin Hausa Cassava Growers\' Association Offa Poly Academic Staff Union Of Universities Bolakale Ayo PPS Jelili Yusuf Maryam Ado Bayero Kwara State Internal Revenue Service March 18 Kunle Suleiman Bello Oyebanji Ayo Opadokun Oba Abdulraheem Olam Food Ingredients Galland Marcias Abdulkadri Ahmad Alaiye Abdulrasaq Alaro Adewuyi Funmilayo Obayomi Azeez IHS 2023 Elections Abdulkadir Orire

