IGP orders audit of police investments and subsidiaries, appoints audit firms

IGP orders audit of police investments and subsidiaries, appoints audit firms

by Joseph Anthony
157 views

The Inspector-General of Police, Ag. IGP Ibrahim Idris NPM, has engaged
the services of two (2) professional audit firms to undertake the audit
of Police Investments and subsidiaries.
The Police boss made the disclosure while addressing the Board and
Management of Police Investments Bodies and subsidiaries, at the Police
Headquarters Abuja on July 13, 2016.

The measure, he said, โ€œis in line with the Federal
Governmentโ€™s agenda to institutionalize fiscal discipline, transparency,
probity and accountability in the management of public funds.โ€
He said that the exercise is aimed at carrying out due diligence to
ascertain the true financial position, assets and liabilities,
challenges and recommendations on how to restructure and reposition this
subsidiaries for effective and efficient services, profitability and
return of investment to shareholders and Nigeria Police Community at
large.

According to the IGP, fighting corruption at all levels is part of his
vision for the Police which is in tandem with the cardinal point of the
present dispensation.
IGP Idris disclosed that the Force Management Team has appointed Messers
Nsebot William & co and Gbenga Abimbola & Co to carry out the
special assignment which would be completed in six weeks and directed
the board and management of the investment bodies and subsidiaries to
corporate with the various auditing firms assigned to their respective
outfit by allowing them access and other assistance to ensure a smooth
and successful audit exercise.

The Police Investment bodies and subsidiaries to be audited include:
 1. NPF Pensions
2. NPF Mortgage Bank
3. NPF Corporative Ltd
4. NPF HMO
5. NPF Insurance
6. NPF Property Dev, Company

In their separate remarks, the principle partners of the audit firms
Friday Williams and Gbenga Abimbola thanked the IGP and his management
team for finding them worthy to carry out the assignment and pledged
their readiness to accomplish the job satisfactorily within the
stipulated time.
Present during the session were members of the Force Management Team and
the Board of the Police Investments Bodies and Subsidiaries.

DCP DON AWUNAH, fsi
FORCE PUBLIC RELATIONS OFFICER,
FORCE HEADQUARTERS,
ABUJA

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