Kwara Assembly to recover alleged Government Assets in private hands

Date: 2017-09-07

The Kwara State House of Assembly has restated its commitment towards recovering state government's properties in private hands, to ensure equity, probity and accountability in government owned companies.

The Speaker, Dr. Ali Ahmad gave the assurance in Ilorin, while inaugurating an ad- hoc Committee to investigate Allegation of Misappropriation, relating to government Assets under Harmony Holdings.

Dr. Ahmad explained that the investigation, became imperative, as the legislature was inundated with several stories, petitions and reports of mismanagement and alleged fraud that Harmony Holdings, its subsidiaries, or some of its staff converted or sold choice properties to themselves or their acquaintances and allegedly failed to show evidence of payment of commercially competitive prices into appropriate accounts, pointing out that " director's breach of fiduciary duties to the company has been wide spread and other sundry allegations inconsistent with running of a purely commercial, profit - driven conglomerate.

The Speaker commended the state Governor, Alhaji Abdul Fatah Ahmed, for coming up with the initiative of Harmony Holdings Limited, to "oversee other smaller and industry- specific entities" to reinvigorate and redirect all potentially income - yielding and revenue generating agencies and parastatals of government.

He said the investigation was geared towards establishing facts, proffer recommendations and ensure that the company, which he said, is the repository of the state's collective wealth, is salvaged and restored to the path of profitability and enjoined Kwarans to give the the committee and the Holdings, the benefit of doubt.

Dr. Ahmad who allayed the fear that the House was out to witch hunt or victimize any one , urged members of the ad- hoc committee to discharge their duties in accordance with the salient provisions of section 128 of the nation's Constitution.

He disclosed that the House has given a week of grace to individuals or institutions to return what they have earned unduely from the company to the State and praised a member of the committee Hon. Adamu Usman who returned his landed property, given to him by the company free of charge many years ago in Abuja.

Responding, the Chairman of the Ad- hoc Committee and House Leader, Hon. Hassan Oyeleke promised to carryout thorough investigation, without fear or favour, pointing out that " we will not leave any stone unturned in our attempt to unearth the misery behind the management of our collective resources ".

Meanwhile, a member of the committee Hon. Adamu Usman who was a senior Accountant of the company between 2012-2013, has willingly surrendered all benefits accrued to him, to enable him to be fair in the discharge of his duty, pointing out that the investigation was long overdue.

 

Cloud Tag: What's trending

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

Abdulrahman Onikijipa     Rapheal Ashaolu     Alliance For Democracy     Abubakar Aliagan     Timothy Olatunde Fadipe     Kayode Oyin Zubair     Abiodun Oyedepo     ITP     Salake     Ibrahim Bio     Chief Imam Of Lafiagi     Saliu Mustapha     HAMFAT Clinic And Maternity     Marafan Shonga     Abraysports FC     Ilorin.Info     Abdulmumin Yinka Ajia     Clement Yomi Adeboye     Kwara State Pension Board     ASMAU PLAZA     Chief Imam Of Omu-Aran     Abdulraheem Olesin     Forgo Battery Company Limited     Amoyo     AGILE Programme     Ahman Pategi University     Abdulmutalib Shittu     Shuaib Boni Aliyu     Wahab Olasupo Egbewole     Durosinlohun Kawu     Madawaki     University Road     Sun Qing Rong     AbdulRaheem Ahmad Shayi     Gbajabiamila     Ilorin Likeminds Foundation     Yoonus Lawal     Lawal Jimoh     Bamidele Aluko     Ilorin West     IEDPU     Bamidele Adegoke Oladimeji     Abdulrasheed Lafia     Nigerian Medical Association     Yusuf Babatunde Abdulwahab     Bello Abubakar     Bisi Kristien     Michael Nzwekwe     Kwara State Television     Rachael Obisesan     Ilorin     Bolakale Saka     Aliyu Adebayo     Amina El-Imam     Okasanmi Ajayi     Taofik Abdulkareem     Ballah     Senate     Mahmud Ayinla Giwa     Alfa Modibo Belgore     Hassan Oyeleke     Ayedun     Nigeria Governors\' Forum     Ibrahim Mohammed     Oro Grammar School Old Students Association     Seun Bolaji     Rice Farmers Association Of Nigeria     Olaosebikan     Tanke Road     Sambo Murtala     Jani Ibrahim     TVC Female National Debate     Afonja Descendants Union     Yunus Lawal     Mohammed Abduraheem     Kunle Suleiman     ITEM 7    

Cloud Tag: What's trending

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

Bola Shagaya     Government Girls’ Day Secondary School Pakata     PharmAccess Foundation     Oluronke Adeyemi     Obasanjo     Muritala Awodun     Kwara State Coalition Of Business And Professional Associations     Harmony Holdings     Fatimoh Lawal     Ahmed Mohammed Rifun     GANZY     Bature Bello     Sunday Popo-Ola     Olaoye B. Felix     Oyawoye     Umar Adelodun     Okin Biscuits     Vasolar-Kwara Company Ltd     Sayomi     Majlis For Sadaqah, Zakat And Waqf     Zubair Folorunsho Erubu     Folorunsho Alao     Kazeem Gbolagade     Yusuf Lanre Badmus     Stephen Fasakin     Albert Ogunsola     Abdullahi Biffo     UNILORIN Alumni Association     Abubakar Olusola Saraki     UNILORIN Alumni     Ayegbeni     Towobola Abdulrahman Toyin     Muhammadu Gobir     Bamidele Adegoke Oladimeji     Offa Descendants Union     Oniyangi     Gaa Olobi     Mustapha AbdulGaniyu     Khadijat Ayoola Yusuf     Adisa Logun     Oloyede     NIPR     Muslim Cementary     Plat Technologies     Yusuf Abdulraheem     Barakat Community Secondary School     Bisi Kristien     Saheed Alakoso     Otuka     Oke-Ero     Park     CKNG     Halimah Perogi     Oko     Lawal Jimoh     Olabode George Towoju     Sa\'adatu Modibbo-Kawu     Jelili Yusuf     Ridwan Agboola     Ishola Abdullahi     Ibrahim Taiwo     Kwara TV     Amuda Musbau     Niguel Gallando Marcias     United Nigeria Airline     Amos Bajeh     Amusa Bello     Ndakene     Raheem Adaramaja     MalHub     Dankaka     Babs Iwarere     Dunmade     Kwara State Fire Service     Senate Presidency     NTA Ilorin     Trader Moni