Home Latest News IGP orders audit of police investments, subsidiaries

IGP orders audit of police investments, subsidiaries

IG of Police, Idris reveals how 2019 election can be credible

Acting Inspector-General of Police Ibrahim Idris has appointed two firms to audit police investments and subsidiaries.

The audit is aimed at carrying out due diligence to ascertain the financial position, assets and liabilities of the subsidiaries, among others.

In a statement in Abuja yesterday by the Force Spokesperson, Don Awunah, the police chief explained that the exercise would be completed in six weeks and to be conducted by Messers Nsebot William & Co. and Gbenga Abimbola & Co.

Idris said the audit was in line with the Federal Government’s agenda to institutionalise fiscal discipline, transparency, probity and accountability in the management of public funds. He added that fighting corruption is part of his vision for the Police and it is in tandem with the cardinal point of the administration.

The investment bodies and subsidiaries to be audited are: “Nigeria Police Force (NPF) Pensions, NPF Mortgage Bank, NPF Corporative Ltd, NPF HMO, NPF Insurance, and NPF Property Development Company.

“The Force management team has appointed Messrs Nsebot William & Co. and Gbenga Abimbola & Co. to carry out the special assignment to be completed in six weeks,” the statement said.

The police boss further directed the board and management of the investment bodies and subsidiaries to cooperate with the firms assigned to their respective outfit by allowing them access to ensure a smooth and successful audit exercise.

The principal partners of the audit firms, Friday Williams and Gbenga Abimbola, pledged their readiness to accomplish the job satisfactorily within the stipulated time.

Also yesterday, Chairman, Police Service Commission (PSC) Mr Mike Okiro assured the acting inspector-general of Police of the commission’s support.

This is contained in a statement in Abuja by Mr Ikechukwu Ani, head of the commission’s Press and Public Relations.

Okiro was speaking when Idris led members of the management of the Nigeria Police Force on a visit to the commission.

He advised the team to avoid infighting and work for the good of the police and the nation.

“Work like a team and I can assure you that the commission will give you the required support to succeed.

“We have to work together to create the necessary impact since we have roles to play in the internal security chain to ensure efficiency and effectiveness.”

He advised that they obey court orders since the police is not above the law.

The chairman urged Idris to maintain the existing relationship between the commission and the police in the interest of both parties and the nation.

He called for the inclusion of the commission’s Act in the curriculum of the police colleges to enable the rank and file and some senior officers to know about it.

Idris had solicited the support and cooperation of the commission.

He noted that the police and the commission had distinct constitutional roles and responsibilities toward protecting life and property and maintaining peace and order.

Idris acknowledged the critical role of the commission in ensuring checks and balances in the work of the Nigeria Police Force.

He said he would continue to respect the commission, adding that for the police to progress, it needs the support and cooperation of the commission.

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