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.

Peter Obi     Centre For Community Empowerment And Poverty Eradication     Eghe Igbinehi     Emmanuel Olatunji Adesoye     Kwara State Fire Service     Oba Abdulraheem     Salihu Yahaya     Plat Technologies Limited     Bolakale Saka     National Broadcasting Commission     Kolawole Akande     Oba-Solagberu     Offa Grammer School     Plat Technologies     Bolaji Abdullahi     Senior Staff Union Of Colleges Of Education     Yusuf AbdulRasheed     Ijagbo Health Centre     Twitter     Share-Tsaragi     Bareke     Ndama Al-hassan     Sanitation Exercise     JAAC     Biliaminu Aliu     Laduba     Government House     Bankole Omishore     IQRA College     Awodun     Amusement Park     Young Progressives Party     Government High School (GHS), Adeta     Saduki Lafiagi     Funmilayo Zubair     Quarry Royal Valley     Modibbo Kawu     Baba Adini Of Kwara State     Abdulrasheed Lafia     Zulu Gambari     Omoniyi     Oba Abdulrahim     Joseph Daudu     TIC     Lotus Bank     Bashir Badawi     Ilofa     Kwara State Television (KWTV)     Yoonus Lawal     Kwara State Football Association     Fatai Garuba Labaka     IYA ALFA NLA     Abdulquowiyu Olododo     Tunji Ajanaku     Musa Abdullahi     Aliyu Muhammed     Muritala Awodun     Kwara State Sports Commission     John Kehinde Salako     JMK Construction Company Limited     Kwara State Internal Revenue Service     Lateef Fagbemi     Amusa Bello     Kawu Baraje     Ganiyu Abolarin     Jawondo     KWASSIP     Ilesha Gwanara Road     Federal Road Maintenance Agency     Ebun-Olu Adegboruwa     Ibrahim Jawondo     Akorede     Baruten     Hassanat Bello     Trader Moni     Arinola Lawal     Bello Taoheed Abubakar    

Cloud Tag: What's trending

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

Garba Ayodele Wahab     Monthly Sanitation Exercise     Makama     Omotoso     Tunde Oyawoye     Samari     Women Radio     KWTV     Bankole Omishore     Ramat Oganija     NaAllah     Olanrewju Okanlawon Musa     Kola Shittu     Tunde Saad     Academic Staff Union Of Universities     Mustapha Akanbi     Undergraduate Bursary     Ekweremadu     Iyiola Oyedepo     Bamidele Adegoke Oladimeji     Quareeb     Muhammad-Mustapha Suleiman     Modupe Oluwole     Kwara Coalition Of Business And Professional Associations     LAK Jimoh     Abdulganiyu AbdulAzeez     Oke-Ero     Kanu Agabi     Ademola Kiyesola     Gbugbu International Market     Fatai Garuba Labaka     Bello Abubakar     Tunji Folami     COVID-19 Palliatives     Simon Sayomi     AbdulKareem Yusuf Danhawa     Saidu Isa     Adedayo Yusuf Abdulkareem     CACOVID Palliatives     Olabimpe Olani     Bahago     Hussein Oloyede     Baruba     Yahya Mohammed     CACOVID     Damilola Yusuf     Umar Gunu     Ojo Isekuse     Lateef Ademola Olatunji     Oke-Oyi     Damilola Yusuf Adelodun     ENetSuD     Clara Nwachukwu     Eleyele     Oni Adebayo     SARS     Sulyman Tejidini     Agor     Yunus Lawal     Garment Factory     Suwa-Arabs     Bilikisu Oniyangi     Olabode George Towoju     Yakubu Mohammed Abdullahi     Abdulkadir Jimoh     Salihu S. Yaru     Abubakar Baba Sulaiman     Durbar     Issa Oloruntogun     Abioye Bello     Ibrahim Abikan     Wakilin Mata Lafiagi     Olusegun Adeniyi     Ilorin Talaka Parapo (ITP)     Fatimoh Lawal     Twitter     Saliu Shola Taofeek