Harmony Holdings owned by KWSG, GMD insists


The Group Managing Director of Harmony Holdings Limited, Tope Daramola has once again cleared air  on the ownership of the company insisting that it  is fully owned by Kwara State Government.
He stated this on Tuesday while appearing before the state House of Assembly Ad- hoc committee on the operations of the company.
“Harmony Holdings is one hundred per cent owned by the Kwara State Government, no individual or directors of the company have a single share’,” he said.
The GMD further stated that the company is being managed in trust for the collective interest of Kwarans and to enhance its economic sustainability.
A member of the committee representing Omupo Constituency, Honourable Moshood Bakare asked why the Ilorin International Aviation College and Harmony Advanced Diagnostic Center were not under the management of Harmony Holdings.
Responding,  Daramola noted that the state government had explained that it was still investing in the two establishments.
The GMD stated that Harmony Holdings was set up  for a paradigm shift from the Public Service structure where no profit was made into government coffers after investment.
Earlier, the company Secretary for Harmony Holdings Limited, Femi Oyetunji had raised a point of order, requesting the committee to summon a member, Honourable Adamu Usman, who had claimed that he was given a free plot of land at Kwara Express.
Oyetunji insisted it was important for Honourable Adamu to come and show proof as Harmony Holdings Limited does not have any record of any plot of land belonging to him.
The committee however promised to bring Honourable Adamu before the House before the end of its assignment.

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