Idris Orders Audit Of Police Investment Bodies, Subsidiaries

Idris Kpotun IbrahimThe Acting Inspector General of Police (IGP), Ibrahim Idris, has appointed two professional audit firms to carry out comprehensive audit of Police Investments and subsidiaries.

The acting IG made the disclosure while addressing the Board and Management of Police Investments Bodies and subsidiaries, at the Police Headquarters Abuja on Wednesday.

A statement on Thursday from the Force Public Relations Officer, Don Awunah, quoted Mr. Idris as saying the measure is in line with the Federal Government’s agenda to institutionalize fiscal discipline, transparency, probity and accountability in the management of public funds.

He also said 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 the subsidiaries for effective and efficient services, profitability and return of investment to shareholders and Nigeria Police Community at large.

According to Acting IG Idris, 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.

He disclosed that the Force Management Team appointed Messrs. Nsebot William & Co and Gbenga Abimbola & Co to carry out the special assignment, which would be completed in six weeks.

He, therefore, urged the board and management of the investment bodies and subsidiaries to corporate with the various auditing firms assigned to their respective outfit by giving them unhindered access and other assistance to ensure a smooth and successful audit exercise.

The statement listed the Police Investment bodies and subsidiaries to be audited to include: NPF Pensions, NPF Mortgage Bank, NPF Corporative Ltd, NPF HMO, NPF Insurance and NPF Property Dev, Company.

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