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.

Wahab Femi Agbaje     Siraj Oyewale     Jumoke Gafar     Arik     Abubakar Baba Sulaiman     Abdulmumini AbdulRazaq     Idris Garuba     KwaraLearn     Iqra Books     NSCIA     Mohammed Khadijat Kubura     Garba Ado Sanni     Ayinde Oyepitan     Garuba Alikinla Shittu     James Kolo     AbdulGafar Tosho     Baba Isale     Ezekiel Yissa Benjamin     Amos Justus Sayo     Kayode Bankole     Elese Of Igbaja     Centre For Digital Economy     Junior Secondary School Certificate Examinations     New Model Police Station     Roseline Oni Aremu     Ajia-Bako     Abubakar Abdulraheem     Mohammed Lawal Bagega     Apata Ajele Secondary School     Marufat Oladosu     Halidu Danbaba     Hakeem Lawal     Photo News     Sunset Workers     BECE     Federal Allocation     Esinrogunjo     Bureau Of Lands     Saliu Mustapha     Amuda Aluko     Ilorin East/South Federal Constituency     Ebola     Reuben Paraje     Ilorin Muslim Community     Sanusi Abubakar     Magaji Are     Awili Pedro     Susan Modupe Oluwole     Stephen Fasakin     Wakilin Mata Lafiagi     Yeketi     Hydro-electric Power Producing Areas Development Commission     Muhammed Taofeeq Abdulrazaq     Kabir Shagaya     Charles Ibitoye     Gbemi Saraki     Abdulfatai Ahmed     Col. Adedipe     Christian Association Of Nigeria     Rashidi Yekini     Abdulganiyu AbdulAzeez     Afonja Descendants Union     Oniyangi Kunle Sulaiman     Aliyu Sabi     Ishola Abdullahi     Binta Abubakar-Mora     Bello Bature     Oniye     Sa\'adu Salahu     Monthly Sanitation Exercise     Islamic Development Bank     Undergraduate Bursary     National Pilot     Idris Amosa Saidu     Inside Kwara     Oke Sunna     SARS    

Cloud Tag: What's trending

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

Bello Abubakar     Offa Poly     NSCIA     Dumagi     Funmilayo Braithwaite     Omu Aran     Babatunde Ishola Babaita     Fatimat Saliu     Waheed Ibrahim     Amoyo     Hikmah AbdulKareem     Baboko Primary School     Elerin Of Adanla Irese     Grillo     Salman Alada     Funmilayo Oniwa     Opaleke Bukola Iyabo     Abdulahi Abubakar Bata     Doyin Agbamu     TESCOM 2025     Zulu Gambari     Kuliyan Geri     Danhawa     Garment Factory     NNPP     Umar Gunu     Bankole Omishore     Ishaq Abdulkarim     Mamatu Abdullahi     Goodluck Jonathan     Yusuf Ali     Afolasade Opeyemi Kemi     Jide Ashonibare     Isiaq Khadeejah     Mohammed Yisa     Abdullahi Imam Abdullahi     Sunday Popo-Ola     Yahaya A Paniyaro     ANCOPPS     Ajasse-Ipo     Abdul-Rahoof Bello     Salman Suleiman     Lafiagi     Ayeyemi Sulaiman     Kayode Yusuf     Isiaka Oniwa     Okoolowo     Iliasu     Olayinka Are     General Hospital     Tanke Road     Omotosho     Saba Jibril     Lawyers Unite Against Corruption     Olatunji Bamgbola     Saidu Kawu     Fatai Olodo     Otuka     Ilorin Emirate Staff Association     FOMWAN     Yusuf Amuda Aluko     Rashidi Yekini     Ado Ibrahim     Abdulmutalib Shittu     Baba Issa Awoye     Gbadeyan Gbadura Yomi     Alao Ayotunde     Arinola Fatimoh Lawal     Coalition Of Kwara North Groups     Ita-Nmo Market     Government Girls’ Day Secondary School Pakata     Obasanjo     Ifelodun     Oba Sulaiman Asude     Gaa Olobi     Abdulkarim Adisa     Haruna Olawale Sulaiman