Bill On Forensic Institute 'II Combat Illicit Financial Flows- SFAFP

BY CHIKA OKEKE, Abuja

Emefiele

The Society for Forensic Accounting and Fraud Prevention (SFAFP) has disclosed that the Bill for the establishment of the Chartered Institute of Forensics and Certified Fraud Examiners currently before the House of Representatives would combat Illicit financial flows when passed into law.

President/chairman of SFAFP, Mr liyasu Gashinbaki, who disclosed this in Abuja recently, noted that the bill would reduce fraud, embezzlement, economic and crimes, and corruption in both public and private sectors of the economy.

The proposed chartered institute is made up of multi-disciplinary professionals with diverse expertise in the use of various forensics tool kits for intelligence gathering and investigation of wide-ranging cases.

Gashibaki listed other benefits of the bill to include: “Creation of jobs in the 774 local governments areas, boosting the fight against corruption in Nigeria, recovery of stolen and lost assets, attracting Foreign Direct Investment (FDI), reduction of domestic and global challenges posed by organised crime, promoting transparency in public and private sector operations and among others.

He stated that the joint African Union Commission/United Nations Economic Commission for Africa (AUC/ECA) high level panel report on illicit financial flows from Africa, estimated that Africa is losing over $50 billion annually to illicit flows and $10billion from Nigeria alone.

The president quoted the report as saying that over the past years, Africa has lost more than $1 trillion, equivalent to all the official development assistance received during the same period.

SFAFP is the brainchild of the Association of National Accountants of Nigeria (ANAN), which was established to provide machinery for training, supervision and regulation of the practice of forensics, fraud examination and fraud prevention in Nigeria.

Earlier in the month, the bill to establish the Chartered Institute of Forensics and Certified Fraud Examiners of Nigeria (establishment) Bill 2021 passed 1st reading in the House Representative. It was sponsored by the chairman, Committee on Foreign Affairs, Hon. Yusuf Buba Yakub.

Comments

National Parks Panacea In Mitigating Climate Change- Olory

BY CHIKA OKEKE, Abuja The Conservator of Park, Cross River National Park, CP Caroline Olory has disclosed that National Parks hold the key to mitigating climate change across the country. She stated this on Wednesday in Abuja at a workshop organised by the Development Agenda in collaboration with Environmental Media Correspondents Assodiation of Nigeria with the theme: "Climate Change and COP28: The Way Forward For Nigeria." The 28th Conference of the Parties (COP28) scheduled to hold in Dubai, United Arab Emirates, will garner more than 70,000 participants, including heads of state and government, government officials, representatives of international organisations, business leaders, academics and civil society organisations. Olory lamented that climate disasters are happening at frightening rates in Nigeria, and a panacea to cushion the effect is the standing forest which serves as carbon sink that would absorb carbon dioxide from the atmosphere. She informed

Emerging Diseases: EHCON Faults Health Workers For Neglecting PPEs

BY CHIKA OKEKE, Abuja L-R: Registrar of Environmental Health Council of Nigeria (EHCON) Dr Yakubu Baba and Permanent Secretary, Federal Ministry of Environment, Mr Mahmud Adam Kambari during a Ministerial press briefing on Monday in Abuja. The Environmental Health Council of Nigeria (EHCON) has faulted health workers for neglecting the use of Personal Protective Equipment (PPEs) in treating patients taunted by emerging diseases. This followed the outbreak of an Acute Viral Hemorrhagic Fever (VHF) suspected to be Lassa Fever at the Accident and Emergency unit of the 44 Nigerian Army Reference Hospital in Kaduna State last week. News Rider reports that a circular issued on Wednesday, February 21, 2024, by the Acting Corps Commander of the Nigerian Army Medical Corps, Brigadier General S.O Okoigi revealed that the index patient died at the hospital after presenting symptoms of febrile illness while three health workers died within 48 hours. The PPEs are goggles, masks, glov

Video: Civil Servants Write Promotional Exams In Darkness

Staff of Federal Ministry of Information and Culture, Abuja are currently writing their promotional examination in darkness. In the 11 seconds video, the civil servants were seen writing the examination with torchlight and assistive light from their phones. Findings revealed that the hall, which has poor lighting and ventilation compelled staff battling with poor eyesight to struggle to read the examination. Regretably, the question papers were not typed but hand written, photocopied and distributed to the civil servants. An eyewitness told News Rider that the promotional exams earlier scheduled for November 9, 2023 by 10am, started at the Conference Hall, Office of the Secretary to the Government of the Federation, Phase 1, Federal Secretariat Abuja. "The question we are asking is what of the money budgeted for the promotion examination that the ministry cannot distribute a typed question paper "The staff are writing exams with the touch light of their phones

News Rider

Search This Blog