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.

Raliat Elelu-Habeeb     Kwara 2019     Alikinla     REO CAKES     Adegoke Bamidele     Code Of Conduct Tribunal     Atunwa     General Hospital, Offa     Saheed Alakoso     Belgore     Elerin Of Adanla Irese     Abdul-Rasheed Na\'Allah     Yakubu Gobir     Gobir Organization Foundation     COVID-19 Palliatives     Ilorin Emirate Staff Association     International Vocational Centre     Oke-Ogun     Mohammed Khadijat Kubura     Valsolar-Kwara Company Limited     Oniyangi Kunle Sulaiman     Ahman Patigi     Mutawali     George Funsho Adebayo     PPS     Muhammed Akanbi     ANCOPPS     Amule     Kolade Solagberu     Ayegbeni     Toyin Olayinka Tejidini     Tope Daramola     Aliyu Kora Sabi     Folaranmi Aro     Samari     Ohoro Of Shao     Oloruntoyosi Thomas     Tunde Yusuf     UTME     SUBEB     Isiaka Danmeromu     Binta Abubakar Mora     Abdulrahman Abdulrazaq     Adamu Atta     AbdulRazaq AbduMajeed Alaro     SSA Youth     Tunde Mukaila Mustapha     Assayomo     Arca Santa     Local Government Pension Board     Wale Oladepo     Kwara Muslim Pilgrims Welfare Board     Countryside Emerging Leaders Fellowship     AGILE Programme     Obasanjo     Chief Imam Of Lafiagi     Hassan Taiye Salam     Christopher Ayeni     Afolayan     Abdullahi Imam Abdullahi     Bayo Ajia     NaAllah     Mansur Alfanla     Mohammed Ghali Alaaya     Kola Olota     Emir Of Shonga     National Pilot     Dele Momodu     Olupako Of Share     Colleges Of Education Academic Staff Union     Oloriegbe     Lateef Alagbonsi     Tunji Olawuyi     Nigerian Army     Hameed Oladipupo Ali     Abubakar Baba Sulaiman     Moses Rahman Popoola    

Cloud Tag: What's trending

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

Ilorin Descendants Progressive Union     Saka Onimago     Sobi Specialist Hospital     Simeon Sayomi     Kwara United     Saliu Ajia     Idowu Laro     Ibrahim Labaika     Kulende-UITH     Ridwan Agboola     Oba Of Jebba     Mohammed Abdulahi     Funmilayo Oniwa     Women Radio     Hamza Usman     Musa Abdullahi     Kwara State Polytechnic     Apado     Ilorin Talaka Parapo     Inside Kwara     Ilorin East/South Federal Constituency     Kubra Kazum     Ilorin South     AGILE Programme     Apaokagi     Abdulmumini Jawondo     Dunmade     Olaitan Adefila     Oro Grammar School Old Students Association     Nnazua     Abdulrahman Abdulrazaq     Amosa     State Bureau Of Internal Revenue     Chemiroy Nigeria Limited     Henry Olaosebikan     Kwara Volleyball Association     Oba Abdulkadir La\'aro     Jimoh Lambe Abdulkareem     Cornelius Adebayo     Salman Suleiman     Kwara Muslim Pilgrims Welfare Board     Guber Aspirant     Grillo     Majlis For Sadakah, Zakat And Waqf     Kudirat Arinola Lawal     Popo-Igbonna     Waziri Yakubu Gobir     Biliaminu Aliu     Joseph Bamigboye     A.G.F Abdulrasaq     Tanke Road     Ethical College     Sarkin Malamai     Olatunji Moronfoye     Yemi Osinbajo     James Kolo     TETFUND     Budo Egba     General Hospital, Ilorin     Usman Alkali Baba     Abdulrazak Shehu Akorede     Abiodun Jacob Ajiboye     Dogara     Mufti Of Ilorin     Salau Kabiru Abdullahi     Societe Generale Bank Of Nigeria     Kwara State Infrastructure Development Fund     Wahab Kunle Shittu     Ado Ibrahim     Kwara Teaching Service Commission     Monthly Sanitation Exercise     Danhawa     Nupe     Dumagi     KWASIEC     Odo-Owa     Temi Kolawole