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.

Aasiyat Bello Oyedepo     VADA     Nigeria Association Of Women Journalists     Niyi Osundare     Raliat Islamic Foundation     Peter Obi     JAAC     Musa Ayinla Yeketi     Abatemi-Usman     Ayo Opadokun     Mahmud Ayinla Giwa     Iyaloja-General     Babatunde Ishola Babaita     Saadatu Modibbo-Kawu     Oba Abdulraheem     Akeem Olatunji     Kola Bukoye     Centre For Peace And Strategic Studies     Aremu Odolaye     Lucky Omoluwa     Ayo Salami     Mohammed Jimoh Faworaja     Oke-Odo     Adesoye     Kayode Zubair     Funmilayo Braithwaite     Halimat Yusuf     Omoniyi M. Ayinla     Ahmad Olanrewaju Belgore     Maigida     Gbajabiamila     Salman Jawondo     Chief Imam Of Omu-Aran     Sola Saraki Educational Foundation     Bayo Onimago     Ella Supreme Tissue Paper     Ebola     TESCOM     Elewu     Kwara NIPR     Raheem Adaramaja     Adedeji Onimago     Yahaya Abdulkareem     Kwara State Geographic Information Service     Harafat E. Mukadam     Yusuf Olaolu Ali     Baakini     Harmony Holdings     Oba Abdulrahim     Esinrogunjo     Amuda Aluko     Elerin Of Adanla Irese     Susan Modupe Oluwole     Tunji Olawuyi     Olokoba     Charcoal     Minister     Balogin Alanamu     Oro Grammar School Old Students Association     Michael Nzekwe     Ibrahim Abdullahi     Mustapha Akanbi     Olam Food Ingredients     Ebun-Olu Adegboruwa     ASMAU PLAZA     Kunbi Titiloye     Buhari     Bello John Olanrewaju     Aliyu Muhammed     Olatunde Olukoya     Quareeb     Kwara University Of Education     Folajimi Aleshinloye     Akorede     YAKOOYO     Aishat Mohammed Lawal     Basic Education Certificate Examination    

Cloud Tag: What's trending

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

Ilorin Likeminds Foundation     Mohammed Danjuma     Mutawalle     Umar Yakubu Jaja     Maryam A. Garuba     Baba Adini Of Kwara State     Yemi Sanni     Senate     Joseph Yemi Ajayi     Ayotunde Emmanuel Alao     Col. Ibrahim Taiwo     Abubakar Baba     Lawan     KWAFFA     Kale Kawu     Dauda Adeniran Adeshola     Aliyu Adebayo     Owo Isowo     Ijagbo     Ibrahim Gambari     Isin     Quran     Ajasse-Ipo     CACOVID Palliatives     Mohammed Yahaya Barki     Abdulfatai Ahmed     College Of Education     Kolawole Akande     Joseph Offorjama     Sobi FM     Ridwan Agboola     Kulende     Babs Iwarere     Ibrahim Abdullahi     Oke-Kura     Ayodele Kuburat Olaosebikan     Doyin Agbamu     Yusuf Zulu-Gambari     S.O. Opowoye     Abdulwahab Ololele     Wale Oladepo     NAWOJ     Ahmed Bayero     Ifelodun     Ibrahim Taiwo     Jumoke Gafar     Ahmed     M.Y. Abdulrahaman     Elerin Of Adanla     Issa Memunat Moyosore     Vasolar-Kwara Company Ltd     Abdulrahman Iliasu     Yusuf Abdulkadir     Garba Dogo     Kayode Laro     Federal Neuro-Psychiatric Hospital     Col. Adedipe     Habeeb Saidu     Makama     Abubakar Aliagan     IHS     March 18     Olokoba Sulyman     Bankole Omishore     Government Girls’ Day Secondary School Pakata     Kwasu     Sheriff Olanrewaju     Raliat Islamic Foundation     Road Transport Employers Association Of Nigeria     Rebecca Olanrewaju     Quareeb     Orire     Abdulkadir Remi Hawawu     Federal Allocation     Amuda Aluko     Mubarak Oladosu     Adesoye College