Buhari To Sign Forensics, Fraud Examiners’ Institute Bill

Buhari To Sign Forensics, Fraud Examiners’ Institute Bill
Buhari To Sign Forensics, Fraud Examiners’ Institute Bill

President Muhammadu Buhari pledged to sign legislation establishing the Chartered Institute of Forensics and Certified Fraud Examiners of Nigeria (CIFCFEN).

After receiving the Global Integrity and Anti-Corruption Award of Excellence from CIFCFEN, he delivered a speech at the State House in Abuja.

The chairman of the Governing Council CIFCFEN Board of Trustees, Dr. Iliyasu Gashinbaki, presented him with the highest honour of the institute, which is reserved for only African heads of state with impeccable integrity and unimpeachable values.

Buhari was the first African leader to get this honour in appreciation of his lifelong dedication to fighting corruption and providing selfless service with exemplary integrity.

He instructed the anti-corruption agencies to continue collaborating with the institute for the country’s sake.

In addition, he instructed the Minister of Finance, Budget, and National Planning to collaborate with the Institute to provide technical assistance and capacity building to all revenue-generating agencies and public sector regulators.

“The demand for forensic professionals originates from the need to educate, prevent, discover, and prosecute fraudsters, while fraud testing helps alleviate vices such as embezzlement, money laundering, misuse, and mismanagement of public resources,” he stated.

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This assessment of the National Anti-Corruption Strategy conceived by the Federal Ministry of Justice and the Presidential Advisory Committee on Anti-Corruption in 2017 and backed by our international allies would be welcomed by many Nigerians who are committed to eradicating corruption in our country.

“This effort by the institute to review the national anti-corruption strategy is highly commendable, and it has demonstrated the value of partnerships with professional bodies. My administration will continue to partner with the Institute and other private institutions, the academic community, and other stakeholders in the fight to stop sleaze and reduce corruption.”

Gashinbaki stated in his remarks that the institute was founded in 2011 by the Association of National Accountants of Nigeria (ANAN) as the Society for Forensic Accounting and Fraud Prevention (SFAFP), but later changed to CIFCFEN.

Chairman of the Governing Council of the CIFCFEN Board of Trustees stated that sustaining best practises such as open government partnership, the open contracting regime, and beneficial ownership disclosure has the potential to increase the country’s revenue by N10trn in the near future.

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