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.

College Of Health     Magaji Erubu     Kamoru Kadiri     Shoprite     ENetSuD     Cassava Growers\' Association     Halimat Yusuf     Suraj Tunji Oyewale     Tope Daramola     Samuel Elizabeth Keatswa     Toyosi Thomas     Ahmed Alhasssan     Olajumoke Monsura Gafar     Kaosarah Adeyi     Baba Issa Awoye     Ishak Mohammed Sabi     Abdulrasheed Lafia     Oro Grammar School Old Students Association     Olatunde Michaels     Kunle Okeowo     Adedayo Yusuf Abdulkareem     Olatomiwa Williams     Ahmad Olanrewaju Belgore     Okasanmi Ajayi     Federal Road Maintenance Agency     Aliyu Muhammad Saifudeen     IDPU     Road Transport Employers Association Of Nigeria     Kola Olota     Olatunji Ayeni     Moremi High School     Asiwaju Bola Tinubu     Arandun     Abdul Jimoh Mohammed     Halimah Perogi     Adamu Attah     Abdullateef Abdussalam     Farouk Salim     Aliyu Kora-Sabi     Shettima     Bayer AG     Bolakale Kawu     Kwara State Branch Of The National Library     Muritala Awodun     Neuropsychiatric Hospital     Kayode Oyin Zubair     Olukotun Of Ikotun     Ibrahim Kayode Adeyemi     Rasaq Jimoh     Sulaiman Gado     Yusuf Abdulkadir     AbdulRaheem Ahmad Shayi     Garba Ado Sanni     Habeeb Saidu     Toun Okewale-Sonaiya     KWSIEC     Kwara State Internal Revenue Service     Bayo Ajia     Joseph Alex Offorjama     Ademola Kiyesola     Bashir Omolaja Bolarinwa     Ambassador Kayode Laro     Hamid Bobboyi     Chief Imam Of Omu-Aran     Lasiele Alabi Yahaya     Omu Aran     Savannah Centre For Diplomacy, Democracy And Development     Lanre Badmus     Sulyman Buhari     Chikanda     Ebola     Khairat Gwadabe     Adolescent Girls Initiative For Learning And Empowerment     Aremu Bose Deborah     Ibrahim Oloriegbe     LABTOP     Ahman Patigi    

Cloud Tag: What's trending

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

Abdulrazaq Aiyelabegan     Dasuki Belgore     Abdulrahman Abdullahi Kayode     Olawuyi     Funmilayo Zubair     Baruten     Lasiele Alabi Yahaya     Sarah Alade     Olatunji Ayeni     Bankole Omishore     National Broadcasting Commission     Aliyu U. Tilde     Dogara     Suleiman Mora Omar     Ibrahim Jawondo     Sa\'adatu Modibbo-Kawu     Chemiroy Nigeria Limited     Rafiu Ajakaye     KWASEIC     Oke-opin     Ilesha-Baruba-Gwanara     Sarafadeen Kayode Akorede     Abubakar B.M     Bank Of Industry     Idi-Ape     JUSUN     Segun Ogunsola     Kayode Issa     John Olobayo     Ibraheem Adeola Katibi     Bello Oyedepo     Najim Yaasin     Guber Aspirant     IDPU     Obasanjo     Olanrewju Okanlawon Musa     Twitter     Afusat Nike Ibrahim     Maryam Nurudeen     Folorunsho Erubu     John Olajide Adedipe     Ilorin Metro Park     Yusuf Abdulwahab     Okala Baba     Isiaka Oniwa     Bello John Olanrewaju     Medinat Folorunsho Salman     Alloy Chukwuemeka     Chief Imam Of Offa     ARMTI     Salami Adekunle     Kumbi Titilope     Kawu     Ayobola Ipinlaiye     Alanamu     Kwara State Health Insurance Agency     Freshvine Nigeria Limited     Okoolowo     Lithium     Umaru Saro     Muhammed Akanbi     Jaigbade Alao     Yusuf Amuda Gobir     ITEM 7     Omar Bolaji Gambari     SARS     Manzuma     Mahe Abdulkadir     Osuwa     Olaiya Lawal     Kunle Suleiman     Olatomiwa Williams     Okedare     Roseline Oni Aremu     Oyedepo     Oba Sulaiman Asude     Kwara Central