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.

Akume     KWTV     Omar Bolaji Gambari     Jamiu Oyawoye     Communication Network Support Services     Share/Tsaragi     Alabere     Old Oyo     Taofik Abdulkareem     Sunset Workers     Saba Mamman Daniel     The Herald     Temitope Ogunbanke     Abdulwahab Olarewaju Issa     Shade Omoniyi     Mujtabah Bature     Maryam A. Garuba     Salary     Bolaji Nagode     Kumbi Titiloye     Tunde Saad     Mohammed Abdulahi     Moronfoye     Adam Abdullahi Al-Ilory     Zubair Folorunsho Erubu     Bolakale Ayo     Sheikh Hamzat Yusuf Ariyibi     FOMWAN     Hassanat Bello     Ahmed Idris Mohammed     Yaman     Flights To Ilorin     Michael Imoudu National Institute For Labour Studies     Abdulrahman Abdullahi Kayode     Olatomiwa Williams     Fatimoh Lawal     Ilesha-Baruba     NTA Ilorin     Ilorin Central Mosque     Bayo Lawal     Afetu Of Alabe     Bello Oyebanji     Offorjama     Bareke     Hydro-electric Power Producing Areas Development Commission     Yinka Aluko     Ilorin Emirate Staff Association     TESCOM     Sa\'adu Salahu     Javed Khan     Alao Ayotunde     Kazeem Oladepo     Oyelere Oyinloye     Tinubu     Curfew     Christian Association Of Nigeria     Adebara     Awili Pedro     Dauda Adeniran Adeshola     Yusuf Arowosaye     Okin Biscuits     Taofeeq Olateju     Abatemi Usman     Tunji Arosanyin     Bolakale Kawu     Shonga Farm Project     Niguel Gallando Marcias     Kishira     Adesoye     Sam Onile     Gambari     Hydroelectric Power Producing Areas Development Commission     Suleiman Mora Omar     Mahee Abdulkadir     VADA     Muhammad Mustapha Suleiman     Lawyers Unite Against Corruption    

Cloud Tag: What's trending

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

Olayinka Oladapo Jogunola     AbdulFatai Adeniyi Dan-Kazeem     Kwara State University Of Education     Shonga Farm Project     Rotimi Oyedepo     Olatunde Michaels     Ibrahim Abdulqadir Abikan     KWASAA     Government High School (GHS), Adeta     Yaru     NULGE     Balogun-Ojomu     Osuwa     Babajide Ajayi     Adebayo Mohammed Kamaldeen     Yakubu Danladi     Christopher Odetunde     CUTI     Ashiru     Amuda Bembe     Oya State     Ramat Oganija     Aliyu Umar     Ahmad Belgore     Abdulrahman Abdulrazak     Offa Descendants Union     Abdulrazak Shehu Akorede     Joseph Daudu     Olam Food Ingredients     Surajudeen Akanbi     Sabi     Chikanda     Abatemi Usman     AbdulRahman Saad     National Union Of Road Transport Workers     Chemiroy Nigeria Limited     Rihanat Ajia     Aliyu Sabi     Federal Road Maintenance Agency     Saidu Isa     Yunus Oniboki     Ilorin Emirate     Funke Adedoyin     Balogun Fulani     Inside Kwara     Akande Idowu Ayoola Muhammed     Lasiele Alabi Yahaya     SSUCOEN     Kwara State Printing And Publishing Corporation     Mashood Dauda     Idowu Aremu     Lanre Issa Onilu     Shettima Of Ilorin     Solomon Edoja     Amada Jidda     MINILS     Oladimeji Thompson     Oba-Solagberu     Quareeb Islamic Association     Odogun Olushola Gabriel     Bashir Adigun     Niyi Ogundiran     Babatunde Idiagbon     Adaramaja     Ajia-Bako     Apaola     Wahab Femi Agbaje     Turaki     Adegoke Bamidele     Ahmed Shuaib Buranga     Laolu Saraki     Special Adviser On Digital Innovation     Alfa Yahaya Road     Eleja     Aishat Mohammed Lawal     Shaaba Lafiagi     Suraj Tunji Oyewale