Tuesday, 28 July 2015

Yemi Osinbajo blames agencies, professionals for corruption

Vice President Yemi Osinbajo on Tuesday expressed regret over the number of government agencies, financial institutions and professional bodies that have been falling short of accounting standards.

He said those who fell under that category lacked transparency and accountability.

He therefore stressed the need for those he called the professional elite to join the present administration in the current fight against corruption in the country.

A statement by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, quoted the Vice President as speaking while receiving leaders of both the Nigerian Bar Association and the Institute of Chartered Accountants of Nigeria separately in the Presidential Villa, Abuja.

Osinbajo also expressed the readiness of the Federal Government to work on judicial and justice sector reforms.

“Osinbajo observed that there were several government agencies, financial institutions and professional bodies that fell short of accounting standards and lacked transparency and accountability,” the statement read in part.

The Vice President said if ICAN members and other professionals were diligent and courageous in the performance of their duty, their activities would go a long way in helping the present administration to fight corruption.

He said ICAN members should rise to the task of exposing false accounting and insisting on transparency and accountability.

He also urged the institute and other professional bodies to encourage whistle blowers to expose the ills of society.

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