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.

Amule     Mufutau Olatinwo     Henry Olaosebikan     Waheed Ibrahim     Folorunsho Alao     Mamatu Abdullahi     New Nigeria People’s Party     Muhammad-Mustapha Suleiman     Oladimeji Thompson     Shero     Rafiu Ibrahim     Adedipe     Kawu Baraje     Adegoke Bamidele     Shonga     Mashood Abdulrafiu Agboola     Mufti Of Ilorin     KWASAA     Muazam Nayaya     Sulyman Age AbdulKareem     Pakata Development Association     Ishola Balogun Fulani     Olatunde Jare     Aishat Mohammed Lawal     Afonja Descendants Union     Raimi Iyanda     Mohammed Yahaya Barki     Maimunat Oniyangi     Femtech     Ahmad Fatima Bisola     Lafiagi     Tunde Saad     Ganiyu Abolarin     Salman Alada     Muritala Olarewaju     Mohammed Yisa     Shururat Olatinwo     James Kolo     Kwara Polytechnic     Ifelodun     Nagode     Veterinary Teaching Hospital     Kunbi Titiloye     Bolakale Kawu     Kayode Oyin-Zubair     KWASIEC     Abikan     Towobola Abdulrahman Toyin     Jumoke Gafar     Taofik Abdulkareem Babaita     Medinat Folorunsho Salman     Ibrahim Taiwo Road     Igbomina     CCEPE     Akume     Mohammed Jimoh Faworaja     Amosa     Suleiman Yahya Alapansapa     Ezekiel Yissa Benjamin     Aliyu Adebayo     Bamikole Omishore     Ekiti     Onilorin     Gbemisola Saraki     Geri-Alimi Split Diamond Interchange     Baruten     National Association Of Nigerian Students     Aisha Abodunrin Ibrahim     Folajimi Aleshinloye     KWASEIC     Patience Jonathan     Ilorin Emirate Staff Association     Halidu Danbaba     Mohammed Kamaludeen     PAACO-PCL Consortium     Ilorin East     Kwara State Infrastructure Development Fund    

Cloud Tag: What's trending

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

Doyin Awoyale     Ahmed Bolaji Nagode     Funmilayo Isiaka Oniwa     Abubakar Abdullahi Bata     Communication Network Support Services     Law School Scholarship     Idris Garba     Aliyu Olatunji Ajanaku     Erubu Oba Zubair     Ijagbo     Kabir Shagaya     Biliaminu Aliu     Kamaldeen Kehinde     John Dara     Isiaka Abdulrazak     AIT Ilorin     Sai Kayi     Radio Kwara     Amada Jidda     Ibrahim Mohammed     KSIRS     GANZY     Usman Alkali Baba     Hussein Olokooba     Muritala Olarewaju     Tunji Arosanyin     Kwara State Football Association     Idris Amosa Oladipo Saidu     HYPPADEC     Oluwarotimi Boluwatife Adenike     Oju Ekun Sarumi     COVID-19 Palliatives     Kehinde Baale     Ibikunle Ogunleye     Suleiman Ajadi     Rabiu Kwankwaso     Okeose Christian Cementary     Babata     NAWOJ     Dan-Kazeem     Gbenga Adebayo     Baba Idris     Onilorin Of Ilorin     Segun Olawoyin     John Mayokun Dada     Salman Suleiman     Naira Redesign     Jare Olatundun     AGILE Programme     Khadijat Ayoola Yusuf     EFCC     Kaiama     Olupako Of Share     Olatunde Oyeyiola     Obasanjo     Ibrahim Akaje     HAMFAT Clinic And Maternity     Ridwan Agboola     Imam Gambari     Balogun Gambari     Maryam Ado Bayero     Kwara Metro Park     Salaudeen Oyewale     Offa Poly     Federal College Of Education (Special), Afon     Isiaka Alikinla     Chikanda     Funmilayo Braithwaite     Ebola     Dauda Adeniran Adeshola     Saliu Ajia     Salihu Yahaya     Yekeen Alabi     Ajibike Katibi     Mashood Dauda     Baba Isale     Sarah Jubril