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.

Kwara State Coalition Of Business And Professional Associations     Veterinary Teaching Hospital     Waziri Yakubu Gobir     Shehu Jimoh     Laolu Saraki     Matthew Okedare     Abraysports FC     Bamidele Adegoke Oladimeji     Saka Keji     Nnazua     George Innih     Innocent Okoye     Suleiman Yahya Alapansapa     Salmon Babatunde Salmon     08001000100     Orire     Kwara State Television     Jimoh Olusola Imam     Emir Of Kano     Timothy Akangbe     Olaoye B. Felix     CKNG     Al-Hikmah University     Abiodun Musa Aibinu     Christopher Ayeni     Muslim Media Watch Group Of Nigeria     Mahe Abdulkadir     Simeon Sayomi     Soffiyyallah Kamaldeen     Paul Olawoore     Durbar Festival     Ilorin Curfew     Gafaru Olayiwola Olorisade     Atiku Abubakar     Abdulazeez Uthman     Emir Of Lafiagi     Hakeem Lawal     Fola Consultant     Amoyo     Lukman Oyebanji Fagbemi     Muhammad Sirajo Aliyu     Waheed Ibrahim     Abdullahi Biffo     Saadatu Modibbo-Kawu     Sun Qing Rong     Michael Ologundea     KwaraLearn     Aliyu Kora Sabi     Issa Oloruntogun     Kayode Bankole     Hassan Oyeleke     Ibrahim Oloriegbe     AbdulQowiy Olododo     Ilesha-Baruba-Gwanara     Magaji Nda     Abdulrahman Onikijipa     Garuba Alikinla Shittu     Jaigbade Alao     Yunus Lawal     Tsaragi/Share     Alanamu     Metro Park     Shuaibu Yaman Abdullahi     Kwarareports     Aisha Ahman-Pategi     Alfa Yahaya Road     UNILORIN Alumni Association     Labour Party     General Tunde Idiagbon International Airport Ilorin     Abubakar Lah     Asa LGEA School     Inside Kwara     Baboko     Suwa-Arabs     Muazam Nayaya     Hydroelectric Power Producing Areas Development Commission     Iyeru Grammar School    

Cloud Tag: What's trending

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

Muhammed Mahe Abdulkadir     Amada Jidda     Bello Oyebanji     Societe Generale Bank Of Nigeria     Oloyede     A.E. Afolabi     John Dara     Ilorin Descendants Progressive Union     Kayode Oyin Zubair     Jamiu Oyawoye     Saka Balikis Kehinde     Danhawa     FOMWAN     Demola Banu     Ghali Muhammed     Umaru Saro     Anilelerin     Ibrahim Abdulkadir Abikan     Ilorin     ASUU     Raliat AbdulRazaq     Umar Yakubu Jaja     Lucky Omoluwa     Pategi     Convocation Ceremonies     TETFUND     Issa Manzuma     Kwara State Coalition Of Business And Professional Associations     Olatunji Ibrahim     Yakubu Danladi     Vishvas KOZ Tractors     Mohammed Danjuma     Sardauna     Oluwarotimi Boluwatife Adenike     Yusuf Abdulwahab     Sulaiman Gado     Voices Of Tomorrow     Muyiwa Oladipo Kanu     Talaka Parapo     Mustapha AbdulGaniyu     Manzuma     Lawyers Unite Against Corruption     Bolaji Nagode     UNILORIN Alumni Association     S.O. Opowoye     Chemiroy Nigeria Limited     Ibrahim Gambari     Wasiu Onidugbe     Hassan A. Saliu     Olawuyi     Raymond Olaitan     Mumeen Lah     State Bureau Of Internal Revenue     Muhammed Danjuma     Mansurat Amuda-Kannike     Kubra Kazum     Shuaib Boni Aliyu     Rafiu Ajakaye     Durosinlohun Atiku     Peter Amogbonjaye     IPSAS     Bolaji Aladie     Sherif Sagaya     Post Utme     Fatai Olodo     Tope Daramola     Gabriel Fashanu     Oni Adebayo     Kayode Zubair     Bankole Omisore     Kwara State Governor     Muhammed Taofeeq Abdulrazaq     Afusat Nike Ibrahim     Kassim Babamale     KWACOBPA     Musa Yeketi     Waheed Ibrahim