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.

Kazeem Oladepo     Face Masks     Pacify Labs     Abdulganiy Abimbola Abdussalam     Mustapha Olanipekun     Mumini Ishola Hanafi     Oke-Oyi     Michael Imoudu National Institute For Labour Studies     Yusuf Olaolu Ali     Galland Marcias     Clara Nwachukwu     Ayodele Olaosebikan     Lateef Alagbonsi     Kehinde Baale     John Dara     Adeniyi Ojo     National Democratic Congress     March 18     Abubakar Bature Sulu-Gambari     Christopher Tunji Ayeni     Barakat Community Secondary School     Tsaragi/Share     Okasanmi Ajayi     Kanu Agabi     Ojuekun Sarumi     Roheemat Hammed     Ishola Moses Abiodun     Musa Alhassan Buge     Owo Isowo     Valsolar Consultoria     Yahaya Oloriegbe     Geri-Alimi Split Diamond Interchange     Olayinka Oladapo Jogunola     Quareeb Islamic Association     Na\'Allah     Sabitiyu Grillo     Adebara     Ile Arugbo     Shao     Saba Mamman Daniel     Saka Saadu     Sayomi     Chikanda     Forgo Battery     Samuel Olusegun Adedayo     Rapheal Ashaolu     Ajayi Okasanmi     Law School Scholarship     Afusat Nike Ibrahim     Alapado     Countryside Emerging Leaders Fellowship     Awili Pedro     IEDPU     Moro     Ahmad Ali     KWASEIC     Pius Abioje     Niyi Ogundiran     Oba Sulaiman Asude     Congress For National Consensus     Haliru Dantoro     Olatunde Oyeyiola     HYPPADEC     Mohammed Kamaludeen     Olateju Lukman     Bisi Kristien     Salihu Jibril Garbi     Vishvas KOZ Tractors     Adisa Logun     Kulende-UITH     Simeon Ajibola     Lotus Bank     Bashir Adigun     Adekunle David Dunmade     Ilesha Gwanara Road     General Tunde Idiagbon International Airport Ilorin     Ajakaye    

Cloud Tag: What's trending

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

Lanre Issa Onilu     Hassan Abdulazeez Elewu     Maryam Ado Bayero     Iqra Books     Tafidan Kaiama     Abdullahi AbdulMajeed     Ilorin International Airport     Road Transport Employers Association Of Nigeria     Millennium Development Goals     Salihu Alhaji Musa     Yusuf Lanre Badmas     SWAN     Suleiman Alege Kuranga     Kayode Laro     Bukola Ajikobi     Baaziki Sulaiman     AbdulFatai Adeniyi Dan-Kazeem     Abdulrauf Yusuf     Saadu Gbogbo Iwe     Abdullahi Saadudeen Alikinla     Lafiagi     Taofik Abdulkareem Babaita     Ayedun     Olaiya Lawal     Abdulrahman Abdulrazak     COEASU     College Of Health     Islamiya Abdulraheem     Shettima     SSA Youth Engagement     Sulyman Age AbdulKareem     Amusa Bello     Kwara NIPR     Dairo Kunle Paul     Yusuf Lawal     Omar Gambari     Aminat Omodara     Abdulbaqi Jimoh     Leke Ogungbe     Salihu Ajibola Ajia     Bello John Olanrewaju     Tunde Saad     Zulu Gambari     Joseph Offorjama     Baakini     Kwara State Coalition Of Business And Professional Associations     ARMTI     Abiodun Abdulkareem     Doyin Agbamu     Kola Adesina     Adam Abdullahi Al-Ilory     Alabere     Gbugbu     AbdulGaniyu Kareem     Owu Fall     Maimunat Oniyangi     CLAY POT     Ubandoma     Durosinlohun Atiku     Emir Of Lafiagi     Abubakar Bature Sulu-Gambari     Olabode Towoju     Esinniobiwa Quareeb     Oniye     Communication Network Support Services     Read With Me     New Nigeria People’s Party     Kwara TV     C2c@kwarastate.gov.ng     Alaiye     Emmanuel Bello     Olabanji Orilonishe     Buari Edun     Elesie Of Esie     Hassanat Bello     NAWOJ     Madawaki