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.

Mumini Ishola Hanafi     General Hospital, Ilorin     Innocent Okoye     Mohammed Yahaya Barki     SSUCOEN     Aliyu Umar     Olusola Saraki     Emir Of Ilorin     Ahmad Ali     Kwara State Geographic Information Service     Saliu Ajia     Issa Oloruntogun     Olushola Saraki     Bashir Badawi     Lanwa     Isiaka Yusuf     Hydroelectric Power Producing Areas Development Commission     Oniye     Rafiu Ajakaye     Ilesha-Gwanara     Nurudeen Mohammed     Oloye     Lanre Issa-Onilu     Kamoru Kadiri     Onilorin     Offa Grammer School     Isiaka Gold     Twitter     Lanre Aremu     Kwara State Infrastructure Development Fund     A.O. Belgore     Lola Ashiru     Elerinjare     Centre For Peace And Strategic Studies     Abubakar Baba     Solomon Edoja     Grillo     Police Commissioner     Popo-Igbonna     Tunde Yusuf     Afolabi-Oshatimehin     Saduki Lafiagi     Maigidasanma     Aliyu Muhammed     Road Transport Employers Association Of Nigeria     HYPPADEC     Sa\'adu Gambari     Share-Tsaragi     Sola Saraki University     Saliu Tunde Bello     A.E. Afolabi     Sabo-Oke     Agboola Abdulraheem     Col. Taiwo     Rafiu Olasile     Shehu Adaramaja     Salihu Ajia     Joana Nnazua Kolo     Mahmud Ajeigbe     Sai Kayi     Jamiu Oyawoye     Abdulrauf Yusuf     Kwara Consultative Forum     Najim Yaasin     Ahmed Idris Mohammed     Abdulwahab Olarewaju Issa     Abiodun Jacob Ajiboye     Ilorin Talaka Parapo     Kudirat Arinola Lawal     National Party Of Nigeria     Aliyu Kora Sabi     Ahman Pategi     Bayo Onimago     Kwara Central     ITEM 7     Ibrahim Bio     Muhammad Ghali Alaaya    

Cloud Tag: What's trending

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

Kupchi Hosea Maxwell     Ayeyemi Sulaiman     Balogun Fulani     Dumagi     Kwara State Internal Revenue Service     Alimi Abdulrazaq     Otunba Taiwo Joseph     Okin Biscuits     Alapansapa     Gbenga Awoyale     Ronke Adeyemi     Maja     Toyin Sanusi     SARS     Aso Ofi     Hamidat Sulyman-Yusuf     Aliyu Adebayo     Gabriel Fashanu     Yakubu Shaaba     Abubakar B.M     Economic And Financial Crimes Commission     International Aviation College     Abdulkadir Remi Hawawu     Tunde Oyawoye     Idofin     Saadu Yusuf     Lai Gobir     Henry Olaosebikan     Riskat Opakunle     Aishat Sulu-Gambari     Alaiye     Oko-Erin     Jumoke Gafar     ASUU     Chartered Institute Of Personnel Management Of Nigeria     Sabo-Oke     Dan-Kazeem     Adegoke Bamidele     Busari Alabi Alausa     Council Of The Wise     John Dara     Kunbi Titiloye     Okeose Christian Cementary     Baba-Isale     Abdulrasheed Na\'Allah     Ministry Of Women Affairs And Social Development     Edu     Babaloja-General     Salihu Ajibola Ajia     Irepodun     Ubandoma     Ado Ibrahim     Afin Descendants Union Of Odo-Owa     Ejidongari     Abdulwahab Olarewaju Issa     Bayo Mohammed Onimode     Tayo Awodiji     MATTA Girls Foundation     Illyasu Abdullahi     Kudirat Arinola Lawal     Abdulrahman Iliasu     Ibrahim Abikan     Muhammad Fawaz Abubakar     Katibi Ibraheem Adeola     Alimi     Tunji Olawuyi     Kwara State Health Insurance Agency     Societe Generale Bank Of Nigeria     Abubakar Ndakene     Orisun Igbomina     Bamikole Omishore     Ilesha-Gwanara     Buhari     Yahaya A Paniyaro     Dunmade     Adedipe     Nigerian Supreme Council For Islamic Affairs