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.

Gbenga Awoyale     Kwara State Governor     Col. Taiwo     Hydro-electric Power Producing Areas Development Commission     Haashim Initiative For Community Advancement     Law School Scholarship     Muritala Olarewaju     Oba Of Jebba     Folaranmi Aro     Igbomina     Samari     Marufat Oladosu     Tunde Kazeem     Aminu Ado Bayero     Erin-ile     CKNG     International Vocational Centre     Elerinjare     AbdulRaheem Ahmad Shayi     Tunde Yusuf     Gbenga Olawepo     Sun Qing Rong     PharmAccess Foundation     TIIDELab     Odolaye Aremu     Bamidele Adegoke     Rasheed Jimoh     Hauwa Nuru     Agboola Abdulraheem     Lawal Arinola Kudirat     Agor Market     Yahaya Seriki     Bolakale Kawu Agaka     Bukola Ajikobi     Pius Abioje     Magaji Are     Moses Rahman Popoola     Ibrahim Oloriegbe     Vasolar Consultoria     Suleiman Yahya Alapansapa     Ayoade Akinnibosun     Majlis For Sadakah, Zakat And Waqf     Arinola Fatimoh Lawal     Olukotun Of Ikotun     Abdulrazaq Akorede     Marafan Shonga     Eghe Igbinehi     Yekini Adio     Shagari     Sango-UITH Road     Sobi Hill     Kayode Ishola     Ilesha Gwanara Road     Aliyu Umar     FERMA     UNIFEMGA     Plat Technologies Limited     Gobirawa     Oke-Oyi     Kwara TV     Suleiman Abubakar     Just Event Online     Oyeyemi Olasumbo Florence     National Union Of Road Transport Workers     Bamidele Aluko     Muhammed Danjuma     Earlyon Technologies     Neuropsychiatric Hospital     Ahmed Bolaji Nagode     Okala Baba     Zubair Folorunsho Erubu     Ishak Mohammed Sabi     ER-KANG Mining Nigeria Company Limited     Labour Party     Adedipe     Yusuf Lawal     Ilorin Curfew    

Cloud Tag: What's trending

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

Na\'Allah     Kola Bukoye     Sarah Jubril     Women Radio     Rotimi Atere     Noah Yusuf     Omupo     Raji Ayodele Kamaldeen     SARS     Earlyon Technologies     Olaiya Zuberu     Share-Tsaragi     Joseph Bamigboye     Yusuf Zulu-Gambari     Aishat Sulu-Gambari     Kola Olota     Alabe     11th Galadima     Adesina Simon Sodiya     Local Government Pension Board     Harrison Osauwagboe     Ilorin Emirate Stakeholders Forum     Edret Sabi Abel     Toun Okewale-Sonaiya     Principal Private Secretary     Al-Hikmah Radio     Ilorin Emirate     Opobiyi     Titus Suberu-Ajibola     Kwara Teaching Service Commission     Esuwoye     Offa Grammer School     Abdulganiyu Salahudeen     Tunde Kazeem     Amuda Bembe     Abubakar Baba Sulaiman     Timothy Akangbe     Yusuf Abdulkadir     Zubair Folorunsho Erubu     Muritala Olarewaju     Law School Scholarship     Oluwarotimi Boluwatife Adenike     Otunba Taiwo Joseph     Funke Adedoyin     Busari Toyin Isiaka     Mubarak Oladosu     Olatunji Abdulmumeen     Idris Amosa Oladipo Saidu     Sanusi Abubakar     Olatinwo     Michael Nzwekwe     Saliu Alamoyo     Kwara State Branch Of The National Library     Joana Nnazua Kolo     Abdulsalam Firdaous Amosa     IESA     Kwara State Sports Commission     Bio Ibrahim     Towobola Abdulrahman Toyin     Ibrahim Akaje     Bamidele Adegoke     Just Law Forum     Haashim Initiative For Community Advancement     AbdulKareem Yusuf Danhawa     Emir Of Yashikira     Kwara State Government     Kolawole Akande     Jumoke Gafar     Valsolar Consultoria     Michael Imoudu National Institute For Labour Studies     Mope Dasuki Belgore     Yusuf AbdulRasheed     JUSUN     Alabere     Code Of Conduct Bureau     Muhammed Akanbi     Nigeria Customs Service