The 47th President of the Institute of Chartered Accountants of Nigeria (ICAN), Prof Francis Ojeide, yesterday sought the enactment of a law that will prescribe death penalty for corrupt members.
Speaking during a courtesy call on the Auditor-General of the Federation, Mr Ukura Samuel, in Abuja, the ICAN boss noted that there were rumours that accountants were corrupt, though he was yet to receive complaints officially.
He said if the corrupt accountants are killed and they do not live to enjoy their ill-gotten wealth, it will serve as deterrent to other members.
"People are saying that accounts are corrupt but they have not reported any one to us. We believe in zero tolerance for corruption.Any member will be dealt with. It is good you have stiffer measures. We should legislate that there should be death penalty so that they don’t live to enjoy ill-gotten wealth. This will serve as a deterrent," he said.
Responding, the Auditor- General of the Federation said his office had already completed the 2010 audit report on the ministries and returned it to the Accountant General of the Federation due to some observations.
Samuel added that despite that he would soon present the report on the 2010 audit to the National Assembly.
He announced that his office has embarked on some new aspects of auditing in the country.
According to him, the office now conducts performance audit in order to advise the government on development and growth.
He noted that his office examines the programmes in order to detect whether the objectives have been achieved and therefore advise the government on the pitfalls.
Thenationonline.
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