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.

Modupe Oluwole     Ganmo     Ophthalmological Society Of Nigeria     Razaq Ayobami Akanbi     Isau     Jaigbade Alao     11th Galadima     Sardauna Of Ilorin     KWIRS     Yashikira     Maryam Ado Bayero     GAMA     Yusuf Abdulwahab     Pakata     Fatai Adeniyi Garba     Kemi Adeosun     Salman Suleiman     Odo-Owa     Bashir Badawi     Mohammed Tunde-Jimoh     Kwara TV     Umar Adelodun     Usman Yunusa     Elewu     Wahab Agbaje     Yusuf A. Usman     Ibrahim Oloriegbe     Turaki Of Ilorin     Charles Ibitoye     Abdulmumin Yinka Ajia     Isiaq Khadeejah     Magaji Are     Imam Gambari     Mahmud Ayinla Giwa     Galadiman Ngeri     General Hospital     Suleiman Alege Kuranga     Kwara State Council Of Chiefs     Sadiq Buhari     Abubakar Abdullahi Bata     Gaa Olobi     New Nigeria People’s Party     Habeeb Saidu     Kwara Apc     Adeola Abraham     Abdullahi AbdulMajeed     Tanke Road     IDPU     Taibat Ayinke Ahmed     John Obuh     Rapheal Ashaolu     Abiodun Musa Aibinu     SAPZ Project     Olatunji Ibrahim     SSUCOEN     Ladi Hassan     Ilota     Centre For Peace And Strategic Studies     Obayomi Azeez     Isaac Gbenle     Ahmad Uthman     Share-Tsaragi     Kwara South     Rex Olawoye     Yekeen Alabi     Ahmed Dankaya     Hussein Olokooba     Samari     Abdulazeez Arowona     Ojo Fadumila     Igosun     AbdulFatai Adeniyi Dan-Kazeem     Haliru Yahaya     Jani Ibrahim     CCB     Kola Bukoye     Yemi Osinbajo    

Cloud Tag: What's trending

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

Orire     Ahmed Mohammed Rifun     Shehu Jimoh     Just Law Forum     Taiwo Joseph     Senior Ibrahim Suleiman     James Kolo     Mohammed Katsina Ahmed     Mohammed Danjuma     Obasanjo     KSIRS     Vasolar Consortium     Abdulkarim Adisa     KWSUED     Binta Abubakar Mora     Olukotun Of Ikotun     Mahmud Durosinlohun Atiku     Kwara Politics     Tosho Yaqub     Old Oyo     Abiodun Abdulkareem     Ilorin East/South Federal Constituency     Usman Rifun     Salaudeen Oyewale     Kwara Pdp     Galadima     Ibrahim Abduquadri Abikan     Ayeyemi Sulaiman     Irepodun     AbdulRahman Saad     Gobir Organization Foundation     Tope Daramola     IHS Towers     Daud Adeshola     Baakini     Adisa Logun     Zainab Abass     Florence Saraki     Abikan     Kazeem Oladepo     Oba Of Jebba     Rasheed Jimoh     Bilikisu Oniyangi     Mohammed Ghali Alaaya     Sabitiyu Grillo     Saka Onimago     Alabe     Kunbi Titiloye     Muhammad Yahya     Niguel Gallando Marcias     Cornelius Adebayo     Abdulganiyu Salahudeen     Olupako     Hijaab     Aliyu Muhammad Saifudeen     Yashikira     Donatus Ejidike     Raliat AbdulRazaq     Oyedun Juliana Funke     Jaigbade Alao     Bola Ahmed Tinubu     Wahab Issa     Gurei     Kwasu     Idowu Laro     Elerinjare     Isiaka Danmeromu     Baba-Isale     Tosin Saraki     Gabriel Fashanu     High Court     Yekini Adio     Federal College Of Education (Special), Afon     Babatunde Idiagbon     Nagode     Sodiya     IYA YUSUF