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.

Rice Farmers Association Of Nigeria     Oke-Ogun     Ahmed     Makama Of Kaiama     Sunday Popo-Ola     Javed Khan     Rasaq Jimoh     Kawu Baraje     College Of Arabic And Islamic Legal Studies     Kwara Volleyball Association     CCT     Dar-Al-Handasah Consultants     Yomi Adeboye     Federal Neuro-Psychiatric Hospital     Adekunle David Dunmade     SUBEB     Toyin Olayinka Tejidini     Lateef Alagbonsi     Halimah Perogi     Mohammed Yisa     Bello Taoheed Abubakar     Forgo Battery Company Limited     Yakub Ali-Agan     Medinat Folorunsho Salman     Bolakale Kawu     Solomon Edojah     New Naira Notes     James Ayeni     Abdulfatai Salman Baakini     Bolakale Ayo     ANCOPPS     Salihu Ajia     UTME     SWAN     Transition Implementation Committee     Pategi     Tunde Oyawoye     Nupe     Segun Abifarin     David Adesina     Ibrahim Issa Jetti     Olatunji Moronfoye     Oladipo Akanmu Tolani     Law School Scholarship     Mohammed Katsina Ahmed     United Nigeria Airline     Arinola Fatimoh Lawal     Oladimeji Thompson     Dan Iya     Isaac Gbenle     General Tunde Idiagbon International Airport     ASMAU PLAZA     Adebayo Mohammed Kamaldeen     Lanre Jimoh     PPS     Kwara Hotel     ASKOMP     Maryam Ado Bayero     Baba Issa Awoye     Gbugbu International Market     Esinniobiwa Quareeb     Olomu Of Omu-Aran     Kannike     Ramat Oganija     Sunday Otokiti     Ado Ibrahim     Bayer AG     Bola Ahmed Tinubu     Ganmo     UNILORIN Alumni Association     Bature Bello     Alfa Modibo Belgore     Dogara     Hakeem Idris     Ghali Muhammed     Yusuf Olaolu Ali     Damilola Yusuf Adelodun    

Cloud Tag: What's trending

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

AIT Ilorin     Kayode Bankole     Soffiyyallah Kamaldeen     Arinola Lawal     Neuropsychiatric Hospital     Shaaba Lafiagi     Busari Toyin Isiaka     Shehu Salau     Halimah Perogi     Galadima     Yahaya Muhammad     Abdulrazaq Akorede     Risikat Lawal     Tafidan Kaiama     Isiaka Abdulrazak     Musibau Akanji     New Naira Notes     Ganiyu Abolarin     Apaola     ANCOPPS     Christopher Ayeni     Agor Market     Arandun     Omotoso     Ahmed Dankaya     Tsaragi-Share     Umar Saro     Zubair Folorunsho Erubu     Abubakar B.M     Abubakar Ndakene     Just Law Forum     Borgu     Aliyu Kora Sabi     Voices Of Tomorrow     Saad Omo\'ya     Afonja Descendants Union     Musa Ayinla Yeketi     COVID     SSUCOEN     UNILORIN Alumni     Yusuf Amuda Abubakar     Unilorin     Forgo Battery Company Limited     Oke-Odo     Saliu Alamoyo     Logun     Salihu Jibril Garbi     Idris Garba     Shonga Farm Project     Ayobami Akanbi     AbdulFatai Adeniyi Dan-Kazeem     Memunat Monsuma     CKNG     Olam Food Ingredients     AbdulHamid Adi     Haliru Yahaya     Bolaji Nagode     Salihu Ajia     Justina Oha     Olatunde Olukoya     Rapheal Ashaolu     Balogun-Ojomu     Kale Bayero     Lawyers Unite Against Corruption     Stephen Fasakin     GGDSS Pakata     Shero     Dar-Al-Handasah Consultants Ltd     Babs Iwarere     Abdulfatai Baakini     Ubandoma     Adeleke Ogungbe     Kunle Akogun     Yusuf AbdulRasheed     Ibrahim Mohammed     Jamila Bio Ibrahim     College Of Health