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.

Omu Aran     Raliat Elelu-Habeeb     Ekiti     Saheed Alakoso     Balogun Gambari     Yusuf Amuda Aluko     Ibikunle Ogunleye     Segun Adeniyi     Damilola Yusuf     Aso Ofi     Ayodele Olaosebikan     Mahfouz Adedimeji     Yusuf Olaolu Ali     Yusuf Aiyedun     KWSIEC     Paul Odama     Rachael Obisesan     Rebecca Bake     Busari Toyin Isiaka     Surajudeen Akanbi     Adesoye College     Yusuf Lawal     Abdulfatai Baakini     Shagari     Ahmed Shuaib Buranga     Garba Idris Ajia     Societe Generale Bank Of Nigeria     Yahaya Abdulkareem Babaita     Owu Fall     Olomu Of Omu-Aran     Saliu Ajibola Ajia     Idi-Ape     Sheikh Hamzat Yusuf Ariyibi     Pacify Labs     A.G.F Abdulrasaq     Razak Atunwa     Noah Yusuf     Abdulwahab Olarewaju Issa     Kayode Issa     Idowu Aremu     Kishira     Ahmed Idris Mohammed     Kunle Akogun     Ali Ahmad     Tafida Of Ilorin     Pakata Development Association     Monsurat Omotosho     Bayo Onimago     Eghe Igbinehi     Alumni Association Of The Federal Polytechnic Offa     Ijakadi     Onilu     Tunji Olawuyi     Gbemisola Oguntimehin     Vasolar Consortium     Aminat Ahmed     Lawal Arinola Kudirat     Kwara University Of Education     Michael Imoudu National Institute For Labour Studies     Olupako Of Share     Abdul-Rasheed Na\'Allah     Dauda Adeniran Adeshola     Ajayi Okasanmi     Ogbondoroko     Kwara     Makama Of Kaiama     Principal Private Secretary     Turaki Of Ilorin     Kwara United     Orisa Bridge     Undergraduate Bursary     Oro Grammar School Old Students Association     Sobi Specialist Hospital     Haliru Yahaya     Moses Adekanye     Aremu Bose Deborah     Salmon Babatunde Salmon    

Cloud Tag: What's trending

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

Segun Olawoyin     Umar Gunu     Okin High School     Akeem Lawal     Kwha.gov.ng     Agbarigidoma     Ilesha-Baruba     Offorjama     Ballah     Sunday Fagbemi     Okasanmi Ajayi     Salake     Muftau Akanbi Oke     Idowu Laro     Okanlawon Musa     Susan Modupe Oluwole     Akande Idowu Ayoola Muhammed     Haliru Yahaya     Bolaji Aladie     Rafiu Ibrahim     KFA     Sunday Popo-Ola     Iponrin     Ayobami Akanbi     Musa Abdullahi     Markaz Arabic And Islamic Training Institute, Agege     Kwara State Football Association     Oniyangi Kunle Sulaiman     Adeleke Ogungbe     Odo-Owa     Muhammad Mustapha Suleiman     Salaudeen Oyewale     Alfa Belgore     Kunle Okeowo     ER-KANG     Ganiyu Taofiq     KWASIEC     Abubakar Aliagan     Okoolowo     AbdulGafar Tosho     Abdulquawiy Olododo     Okiki     Geri-Alimi Split Diamond Interchange     Abubakar Imam     Titus Ashaolu     Ayinde Oki     Shuaibu Yaman     Baba-Isale     Tricycle Owners Association Of Nigeria     Aliyu Sabi     Bisi Oyeleke     Rasheed Jimoh     Share/Tsaragi     Baruba     Yunus Oniboki     Haruna Olawale Sulaiman     Abiodun Jacob Ajiboye     Orisa Bridge     Salmon Babatunde Salmon     Ibrahim Agboola Gambari     Yekini Adio     COEASU     National Democratic Congress     Olatunde Michaels     Borgu     Kubra Kazum     Shonga     Taofik Abiodun Ahmed     Offa     Millennium Development Goals     Halidu Danbaba     Suleiman Alege Kuranga     Alaaya     Suleiman Rotimi Iliasu     Kayode Issa     Gani Saadu     Salman Suleiman