News
Stakeholders throw weight behind bill to establish Chartered Institute of Forensics and Certified Fraud Examiners of Nigeria
Amid stiff opposition by the Institute of Chartered Accountants of Nigeria (ICAN), Bill seeking establishment
Chartered Institute of Forensics and Certified Fraud Examiners of Nigeria has received the nod of stakeholders.
In line with the dynamics of the society, government stakeholders reasoned that the proposed Chartered Institute of Forensics and Certified Fraud Examiners of Nigeria when passed into law would play a critical role in proactive steps to stopping fraudulent incidences in Nigeria.
This is even as ICAN is insisting on monopolistic stance on fraud detection and examination responsibilities.
Speaking at the public hearing organised on the Bill, Thursday, at the National Assembly, Abuja, representatives of various public and private- sector organisations, including the Economic and Financial Crimes Commission (EFCC), the Association of National Accountants of Nigeria (ANAN), the Nigerian Financial Intelligence Unit (NFIU) as well as the Nigeria Deposit and Insurance Corporation (NDIC), expressed support for the Bill seeking to establish the Institute to deal with various crimes, offences and all manner of professional and social misgivings requiring in-depth investigations to turn in trusted results.
The organisations, took time to address some of what they considered grey areas in the sections of the proposed Act that, in their separate opinions, require changes.
On the contrary, however, the Institute of Chartered Accountants of Nigeria (ICAN), represented by Dr. Innocent Okwuosa, a 2nd Vice President of the Institute, maintained that what the bill on the Chartered Institute of Forensics and Certified Fraud Examiners was seeking to achieve was already being practised by ICAN and other agencies of government like the Police, the EFCC, the ICPC and other such professional bodies whose corporate mandates and roles, he believed, would be threatened if the bill in question was passed into law.
He added the bill also sought to criminalise other practitioners of forensics and posited that, ANAN was alongside ICAN, opposing the passage of the Forensic Institute Bill.
This position was, however, refuted by the ANAN Registrar/ CEO, Nurudeen Abdullahi, in the presentation that came after that of the ICAN representative.
While urging stakeholders to take a deeper look at the Bill seeking to give a legal backbone to the Institute, which has been in operation in the last ten years through which it has made appreciable impact for outstanding professionalism and diversity of specialisations, its 2nd Deputy President, Professor Suleiman Aruwa, said the nation would lose so much if it failed to harness the benefits of the multi-disciplinary outlook of the Institute.
He expressed surprise that ICAN, which only has accountancy as its main competency and pre- occupation, would choose to challenge the right to existence of a body that has chosen to carry out the application of forensics on diverse areas of endeavour.
Also speaking in support of the proposed Institute, its President and Chairman of Council, Iliyasu Gashinbaki, called for stakeholders’ support for the bill, which he said had gone past the first and second readings in the House of Representatives before getting to the crucial stage of Public Hearing.
He told the audience that the multi-disciplinary outlook of the Institute was one that offered the nation an alternative to travelling to other sister African countries and elsewhere and spending scarce resources to source solutions on forensic challenges in different fields.
Earlier in his remarks, the sponsor of the bill, Rt. Hon.Yusuf Buba Yakub, said the bill for which the public hearing was being held was one that, “answers the clarion call on each of us to be a veritable gate-keeper and whistle-blower in order to preserve our nation beyond the greed, incompetence, slothfulness, negligence of duty and, of course, the usual mischief of some of our fellow Nigerians, whose failures, often resulting from mischief or poor approach to official duties and tasks, leave the nation at the mercy of their ineptitude or calculated wrong-doing”.
Continuing the Gombi/Hong, Adamawa State Rep, who is also the Chairman, House Committee on Foreign Affairs, added: “This bill seeks to, therefore, add serious impetus to the manner in which we fight the social malaise of our society, like crime in its entire ramifications, including official malfeasance, sleaze, internet frauds and the like.
“Many things would change in society if people knew that no matter how smart they feel they can be in their doings, the torch of forensics on their acts will, eventually, give them away”, the lawmaker observed.
While declaring that the proposed Institute when established would constitute no new burden on Government, Buba informed that its activities would be run and driven by contributions and subscriptions of its members and benefactors.
He also added that, apart from providing for the regulation and control of the Institute’s membership, the bill when passed into law would also promote the profesional practice of fraud examination and forensics in Nigeria and complement, in that regard, the efforts of the nation’s law- enforcement/prosecuting agencies such as the EFCC, ICPC, NFIU and the Police.
Member representing Obio/Akpor Federal Constituency in the House of Representatives and Minority Leader of the House, Honourable Kingsley Chinda said, the Tax Reform Bills would serve the interest of citizens of Nigeria.
He spoke in defence of the passage of the recent tax reform bill, describing it as a product of diligent legislative work aimed at serving Nigerians’ interests.
Speaking to journalists at the National Assembly on Wednesday, Hon. Chinda emphasized that effective opposition does not require public confrontations but strategic engagement. He noted that the tax reform bill, initially flawed, was subjected to thorough scrutiny and stakeholder consultations before passage.
“We saw that the bill was not good enough for Nigerians, so we pushed for reforms,” Chinda stated. “We engaged the National Assembly leadership, consulted governors, state parliaments, and civil society groups to ensure the final version better served the people.”
While acknowledging that no law is perfect, he maintained that the revised bill represents significant progress, balancing public interest and economic needs.
On the PDP’s internal crisis, Chinda expressed disappointment over conflicting interpretations of the Supreme Court’s judgment affirming Senator Samuel Anyanwu as the party’s national secretary. He dismissed claims by some members still recognizing Chief Ndubuisi Okoye, describing such actions as misleading.
“The Supreme Court’s ruling was clear—Anyanwu was never lawfully removed and remains our national secretary,” Chinda said. He criticized the party’s National Organizing Secretary for causing confusion and urged members to seek clarification from the Peoples Democratic Party’s legal adviser instead of spreading misinformation.
Chinda, who is a leading opposition voice in the House, called for unity, cautioning against public disputes that damage the party’s image. “We must avoid washing our dirty linen in public. The judgment is final, and we should focus on strengthening the party ahead of future elections,” he advised.
Despite the Peoples Democratic Party’s challenges, Chinda expressed optimism about the party’s resurgence after its upcoming congresses and national convention. He urged members to prioritize Nigeria’s interests over personal ambitions, emphasizing that internal disagreements would not diminish the PDP’s role as a viable opposition.
On concerns about Nigeria drifting toward a one-party system, Chinda dismissed fears, stating that the PDP’s revival depends on strategic repositioning rather than the ruling All Progressives Congress’ actions. “We must go back to the drawing board, put the country first, and rebuild,” he concluded.
The Minority Leader’s remarks underscored his commitment to legislative diligence and party discipline, even as the PDP navigates its current turbulence.
HaAN OPEN LETTER TO ALHAJI ATIKU ABUBAKAR: THE CASE OF GOING TO EQUITY WITHOUT CLEAN HANDS
My attention as a Public Affairs Commentator and Citizen of Wukari in Taraba State has been invited to various invectives of unprecedented dimension directed at His Excellency, Senator Godswill Akpabio, GCON by my brother, Alhaji Atiku Abubakar ostensibly to give oxygen to resurrect his endless political odyssey and sordid presidential ambition. I am weighing into this public narrative to interrogate various disruptions triggered by some notable politicians like Atiku Abubakar in our national life.
It is hardly possible to build anything out of frustration and bitterness. This is sadly the predicament of a one-time Vice President, Atiku Abubakar who is on course to being enlisted in the Guinness Book of Records, as the only person globally, who has unsuccessfully contested for President for six times spanning 33 years.
These bitterness and frustration have beclouded his reasoning. Atiku Abubakar, who is shamefully a dominant mention in every page of the corruption history in Nigeria, an insipid and serial sodomist, could have rather used the Ramadan period to seek for the atonement of his many mortal and monumental sins from the Almighty Allah, but his engagement in chicanery and unbridled umbrage in the most malicious and defamatory manner is the sad characterization of a man reputed for low family values and child abuse.
The series of pernicious lies peddled by Atiku deserve response in this era of positive and innovative Renewed Hope Agenda of President Bola Ahmed Tinubu’s administration, which has invited collective actions for the growth and prosperity of Nigeria. Atiku Abubakar’s putrid and repulsive corrupt practices have made Nigerians to reject him for a record six times. A master of failure indeed!
It is an established fact that Atiku Abubakar is the most corrupt Nigerian, having been associated with every high-profile corruption allegation in the country across the private and public sectors. In 1996, the then Head of State, Gen. Sani Abacha seized control of the NICOTES shares belonging to him and renamed it Integrated Logistics Services Inc.
In 2006, Atiku was indicted by the EFCC and the Federal Government Administrative Panel of Inquiry after a Special Audit /Forensic Investigation of PTDF from 1999 to May 31, 2006.
Internationally, he is known as a super conman. Atiku’s association with American Congressman William Jefferson, who was jailed for 13 years in 2009 over bribery and other charges is well known to millions of Nigerians.
For those who don’t know, Atiku was the subject of a probe about 15 years ago by the United States Senate Committee on Homeland Security and Governmental Affairs chaired by Senator Carl Levin. He was indicted for using offshore companies to siphon about 40 million dollars from Nigeria between 2000 and 2008 to his fourth wife in the United States, Jennifer Iwenjiora Douglas Abubakar (now divorced).
Former President Olusegun Obasanjo, whom Atiku served for 8 years as Vice President, in his book ’MY WATCH’, in the chapter, titled “Atiku and US Justice Entanglement”, gave a vivid account of “corrupt involvement” of Atiku with a company called iGATE and William Jefferson. Obasanjo equally linked Atiku to the embezzlement of $20 million, funds that were to be utilized by the Petroleum Technology Development Fund (PTDF), and another $125 million to fund PTDF during 2003 fiscal year.
The immediate past governor of Kaduna state, Mallam Nasir El-Rufai has also spoken eloquently about Atiku’s corrupt adventure. In his book, ’The Accidental Public Servant’, El-Rufai gave a detailed account of Atiku’s corrupt involvement in Ericsson’s deals, the PTDF scandal, Abuja Water Treatment Plant contract and his obsession with marabouts – these marabouts that have been deceiving him since 1991 that he will be president.
A serial women abuser, Atiku has divorced two of his wives since 1971 (Ladi and Jennifer). In the case of Jennifer, even after the divorce, he threatened and bullied her out of Nigeria. Jennifer had to sell her law chambers in Nigeria and relocated to the UK.
He has been after the woman in an attempt to dispossess her of her assets and properties.
A certified child abuser, Atiku’s exploits with hapless boys and young men are well known. No wonder, in his eight years as vice president and many years as wealthy man (though filthy), Atiku could not boast of a school that could cater for the educational needs of the less privileged, especially boys (Almajiri’s), but now runs the exotic ABTI University and a host of other businesses that are out of the reach of the common man.
In the contrary, unlike Atiku Abubakar, Senator Godswill Akpabio, GCON has for over two decades, conducted himself with integrity and transparency. His accomplishments in Akwa Ibom State, in particular, and Nigeria in general, are symbolized in the countless legacies of infrastructure, human capacity development and tourists’ hub.
Just yesterday (Tuesday), the Super Eagles of Nigeria hosted The Warriors of Zimbabwe in a World Cup qualifier at the Godswill Akpabio International Stadium, Uyo. The stadium, which is the only FIFA approved facility in Nigeria, was built by Akpabio as governor of the state. What did Atiku do for Adamawa state and Nigeria?
The Zimbabwean delegation also flew Ibom Air and landed at the Victor Attah International Airport, Uyo- all legacies of the Uncommon Transformer. But where are Atiku’s legacies for the people? He can only lay claim to a chain of businesses, which are products of pillaging and corrupt investments.
In all of these, it is crystal clear that Akpabio’s unflinching support for President Tinubu, who blocked Atiku’s emergence as the presidential candidate of the APC in 2015 and frustrated his return bid in 2019 and yet floored him in the 2023 general elections is the reason for Atiku’s hostile charge against the Senate President.
But using Akpabio as a ladder to get to the president cannot do Atiku any good. Both Tinubu and Akpabio are united by the resolve to rejig and reset the nation and give Nigerians dividends of democracy, which Atiku as vice president worked tirelessly to undermine for personal aggrandizement.
It is also axiomatic that Atiku has started preparation for the 2027 general elections. As for Akpabio and Tinubu, they are preoccupied with state and governance issues and would not swim with the former vice president in his quest to distract the duo from delivering good governance to Nigerians. When 2027 comes, Nigerians will, for the umpteenth time give, Atiku a black eye and vote the best candidate.
DANJUMA ISAIAH writes from
Wukari in Taraba State
The Honourable Minister of Defence, Mohammed Badaru Abubaka mini visited the Executive Governor of Katsina State, Mallam Umar Dikko Umaru Radda, at the Government House in Katsina to express condolences following the passing of his beloved mother, Hajiya Safara’u Umar Bare-Bari Radda.
During the visit, Minister Abubakar, on behalf of himself, his family, the Minister of State for Defence H.E. Dr. Bello Matawalle MON and the entire staff of the Ministry of Defence, conveyed heartfelt condolences to Governor Radda, his family, and the people of Katsina State during this difficult time.
In his remarks, he prayed for Almighty Allah to forgive the deceased, grant her mercy, and bestow upon her a place in Jannatul Firdaus. He also offered prayers for the Governor and his family, asking for strength and fortitude to bear this profound loss.
The Minister was accompanied by Hon. Idris Garba Jahun, former Speaker of the Jigawa State House of Assembly, along with Hon. Abubakar Sadiq Jallo and Hon. Mas’ud A. Naruwa, members of the Katsina State House of Assembly representing Hadejia and Babura, respectively.
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