Harmony Holdings limited has debunked the news making round that some properties that belongs to Kwara State government has been converted to private property.
The investments holding company of Kwara State In a press statement issued by its Spokesperson Tunde Abodunde stated that the allegations being circulated is false.
Here is the press statement in details;
The attention of Harmony Holdings Ltd, the investments holding company of Kwara State has been drawn to certain misguided and false allegations being circulated in the media to the effect that certain Government companies, including Harmony Holdings Ltd “have been converted to private property” for the exclusive benefit of certain individuals in the State.
While stating that such allegations are blatantly false and totally far-fetched, we feel it is necessary to set the records straight and keep the good people of Kwara State and the general public informed about the true state of affairs as regards the ownership of referenced government entities.
For the umpteenth time, we affirm that Harmony Holdings Ltd is wholly owned (100 per cent), by Kwara State Government. Apart from registration documents (which are readily available for verification at the Corporate Affairs Commission), the Kwara State House of Assembly has since 2018 passed a resolution attesting to the ownership of Harmony Holdings by Kwara State.
Some other companies mentioned in the mischievous publication such as Kwara Cashew Processing Company Ltd, Patigi Regatta, International Cargo Terminal, are the shareholders of Harmony Holdings Ltd, on the basis of their being wholly owned by Kwara State. These companies are under the supervision of Harmony Holdings Ltd, representing the interest of the State.
Kwara State holds and continues to hold minority shares in Shonga Farms Holding Ltd (between 10% and 25%) and Kwara Mall Development Company Ltd (30%). These are held in the form of land provided for the businesses. Harmony Holdings supervises the minority interest of Kwara State in these two companies.
The attached documents (which bears the names of the immediate past directors of Harmony Holdings Ltd), attests to the ownership of Harmony Holdings Ltd and other referenced entities contrary to the falsehood being peddled.
Harmony Holdings Ltd.
Search The Poise
Promote Your Music
Recent Posts On The Poise
- Dapo Tuburna performs ‘See Finish’ ft Mayorkun LIVE with The Officers Band
- Laycon Officially Gets His Prizes As The Winner (Photos)
- Nigerian rapper-singer, Yarden shows us just how wild it gets in his official music video featuring Swayzee
- Nigeria Has Recovered ₦700 Billion Through Whistle Blowers – Minister Of Finance
- Minister Of Power Under Attack For Praising Buhari Of Transforming The Power Sector
- Kwara Assembly Approves World Bank $2m Grant
- William Troost-Ekong joins Watford from Udinese
- Ejmiah Shines With “Owerri (Oro Oro)”
- Liverpool midfielder Thiago tests positive for COVID-19
- Sancho alternative Dembele rejects Man Utd as Red Devils eye Jovic and Cavani
Top Posts & Pages
Entertainment News3 years ago
Justin Bieber & Selena Gomez Have Started Hanging Out Again
Articles3 years ago
Marcus Rashford’s Girlfriend Lucia Loi
Photos3 years ago
Leroy Sane’s Girlfriend Candice Brook
Celebrities2 years ago
David Beckham Allegedly Got His Daughter’s Teacher Pregnant
News2 years ago
Nigeria Gets Fresh $200m Loan To Finance Electricity Projects
Celebrities3 years ago
Jesse Lingard Breaks Up With Girlfriend Jena Frumes
Sport2 years ago
Bournemouth Signs Liverpool Defender Nathaniel Clyne On Loan
Entertainment News3 years ago
Top 10 Sexiest Young Female Celebrities in The World