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.

CKNG     Gani Saadu     Haashim Initiative For Community Advancement     Abdulhakeem Adelaja Amao     Malete     Al-Adaby     T And K FOODS     Arca Santa     Sabitiyu Grillo     Bilikisu Oniyangi     Kayode Ogunlowo     AbdulKareem Yusuf Danhawa     Hassan A. Saliu     Halidu Danbaba     Kwara State Fire Service     Council Of The Wise     Saka Onimago     Abdullah Janet Amudat     Oyedun Juliana Funke     Democracy Day     TIC     Raymond Olaitan     Saka Adeyemo     Saka Aleshinloye     Volunteers Of Ilorin Community And The Emirate     Omu Aran     Abdulahi Abubakar Bata     KWASEIC     Olabanji Orilonishe     Monsurat Omotosho     Garuba Alikinla Shittu     Omotosho     Ilesha Gwanara Road     Ilorin Metro Park     MATTA Girls Foundation     Muazam Nayaya     Oba-Solagberu     Sobi FM     Oniyangi Kunle Sulaiman     Tunji Olawuyi     Federal Neuro-Psychiatric Hospital     Inside Kwara     Musa Yeketi     Kwara 2015     Ejidongari     Abdulmajeed Wahab     Abraham Ojo     Jide Oyinloye     Abubakar Abdulraheem     Abdulganiyu Oladosu     Pilgrims Board     Shuaib Jawondo     Elewu     Raheem Adaramaja     Moses Salami     Rice Farmers Association Of Nigeria     Aliyu Kora Sabi     Women Radio     Simeon Ajibola     Sam Onile     N-Power     Abdulraheem Yusuf     Simeon Sule Ajibola     Wahab Agbaje     Sa\'ad Alanamu     ANCOPPS     Abdulmalik Bashir Mopelola Risikatullahi     Onilu     Societe Generale Bank Of Nigeria     Aliyu Kora-Sabi     Ojuekun     Patigi Regatta     Ballah     Oyelere Oyinloye     Seun Bolaji     Student Learning Support Helpline     Abdul-Rasheed Na\'Allah    

Cloud Tag: What's trending

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

KW-GIS     Joana Nnazua Kolo     National Democratic Congress     ENetSuD     Saliu Shola Taofeek     Senate President     Zulu Gambari     Abubakar Olusola Saraki     John Obuh     Yinka Aluko     Adegoke Bamidele     Muhammad Mustapha Suleiman     Lukman Adeloyin     NAWOJ     Ahmed Shuaib Buranga     Abdulrazaq Aiyelabegan     ER-KANG     Matthew Babaoye     Yahya Mohammed     Femi Agbaje     Fatimah Abdulkadir     Siddiq Adebayo Idowu Salawu     Musa Yeketi     Orisun Igbomina     IYA ALFA NLA     Illyasu Abdullahi     Babatunde Ajeigbe     Plat Technologies     Balikis Jawondo     Yakubu Gobir     Tayo Alao     Bayo Onimago     National Association Of Nigerian Students     Adolescent Girls Initiative For Learning And Empowerment     Suleiman Yahya Alapansapa     Igbomina     Jani Ibrahim     Yusuf Amuda Gobir     Bolaji Aladie     UITH     Kayode Oyin-Zubair     Folajimi Aleshinloye     Ibrahim Taiwo Road     Yusuf Aiyedun     Chikanda     Dele Momodu     Ahmed Alhasssan     Modupe Oluwole     Oba Abdulrahim     Ishaq Abdulkarim     Kwara State Infrastructure Development Fund     Kunbi Titiloye     Innocent Okoye     Yusuf Amuda Abubakar     Mufutau Olatinwo     Tunde Akanbi     Ahman Pategi University     Kazeem Oladepo     Abdulhakeem Adelaja Amao     Kwara State Branch Of The National Library     Jimoh Bashir     Ahmad Olanrewaju Belgore     Kolo     Olugbense     Lawal Jimoh     Olatunji Ibrahim     JMK Construction Company Limited     Kayode Ibrahim     Abdul-Rahoof Bello     Okala Baba     Joseph Yemi Ajayi     Adekunle David Dunmade     Folaranmi Aro     Olayinka Jelili Yusuf     Nurudeen Mohammed     Ilorin Emirate     Col. Taiwo