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.

Sango-UITH Road     Amos Bajeh     Isin     Damilola Yusuf Adelodun     Ilorin Innovation Hub     Eleja Taiwo Banu     Shehu Adaramaja     Frootify     Toyin Falola     AbdulRauf Keji     All Confederation Of Principals Of Secondary Schools     Muhammadu Gobir     Federal Road Maintenance Agency     Www.Kwarareports.com     V.O. Abioye     COEASU     Olayinka Are     Sherif Sagaya     Isiaka Saka Opobiyi     Saliu Ajibola Ajia     Esinrogunjo     Muhammad Fawaz Abubakar     Bolaji Abdullahi     Kamaldeen Ajibade     Lithium Deposit     Trade Lenda SME Fair     Christopher Ayeni     Popo-Igbonna     Imam Gambari     UNIFEMGA     Akanji     Yemi Osinbajo     Solomon Edoja     Muhammad Sirajo Aliyu     Lateef Ademola Olatunji     Congress For National Consensus     Inside Kwara     Sunday Otokiti     Senior Ibrahim Suleiman     Kayode Issa     Aisha Gobir     Split Diamond Interchange     Sa\'adu Gambari     General Hospital, Ilorin     Chief Imam Of Lafiagi     Maimunat Oloriegbe     Quareeb Islamic Association     Raliat Elelu-Habeeb     Sheu Ndanusa Usman     General Hospital     Ubandawaki     Dagbalodo     Moshood Mustapha     Zulu Gambari     Mope Dasuki Belgore     Alapado     Chemiroy Nigeria Limited     Ilorin Talaka Parapo (ITP)     Yahya Mohammed     Dele Momodu     Egbewole     Oluranti Idowu     Yusuf Lanre Badmus     Ayinke Saka     Farouk Salim     Mohammed Alabi Lawal     Kwara 2019     Taofik Mustapha     Ubandoma Of Ilorin     Facemasks     Sulyman Buhari     Neuropsychiatric Hospital     Sola Saraki Educational Foundation     Adekunle David Dunmade     Marufat Oladosu     Rasaq Jimoh     Ridwan Agboola    

Cloud Tag: What's trending

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

Jawondo     Razaq Ayobami Akanbi     Afolayan     Ilorin South Constituency     EFCC     Anilelerin     Chief Imam Of Lafiagi     Valsolar Consortium     Samuel Elizabeth Keatswa     Ilorin.Info     Bello John Olanrewaju     Ishaq Oloyede     Yahya Mohammed     Abdulrasheed Na\'Allah     Olam Food Ingredients     Jamila Bio Ibrahim     Saliu Ajibola Ajia     Lawan     Al-Hikmah Radio     Ibraheem Abdullateef     Charles Ibitoye     Abiodun Abdulkareem     Lasiele Alabi Yahaya     Kale Ayo     Sadiq Buhari     Bisi Kristien     AIT Ilorin     Mukhtar Shagaya     Sheikh Alimi     Col. Taiwo     Arinola Lawal     Maimunat Oloriegbe     Kayode Alabi     ANCOPPS     Tanke Road     Abdulrahman Onikijipa     Muhammed Aliyu     IQRA College     Baba Issa     Abdulwaheed Musa     NNPP     Titus Ashaolu     Bayo Lawal     Kayode Bankole     Roseline Oni Aremu     Olomu Of Omu-Aran     NULGE     Principal Private Secretary     Iyabo Adisa Ibiyeye     Iyabo Adewuyi     Hijab     Sa\'adatu Modibbo-Kawu     Kwara Teaching Service Commission     Wahab Agbaje     Unicontinental Construction Company     Yomi Adeboye     Jimoh Saadudeen Muhammed     AbdulRasaq Abdulmajeed Alaro     V.O. Abioye     Chief Imam Of Omu-Aran     Ahmed Mohammed Rifun     Awili Pedro     Rafiu Ajakaye     Baba Adini Of Kwara State     Bayo Onimago     Al-Ilory     Afusat Nike Ibrahim     Sidikat Uthman Ajibola     Salihu Ajibola Ajia     Abikan     Olaitan Buraimoh     Kwara Hotel     Oladipo Akanmu Tolani     Salihu Ajia     Funmilayo Braithwaite     Twitter     Bond