The Alake and Paramount Ruler of Egbaland, Oba Adedotun Gbadebo, has enjoined the Institute of Chartered Accountants of Nigeria, ICAN, to extend its Whistle Blowing Project to cover the Private Sector of the Nigeria’s economy.
Oba Adedotun Gbadebo made the call while receiving in audience the President and members of the ICAN at the Ake Palace on Thursday.
The Alake noted with concern the rate at which private sector businesses were being serially ruined by employees, adding that this trend was aggravating unemployment and economic downturn on the nation.
Oba Adedotun Gbadebo pointed out that of ICAN extended its Whistle Blowing dragnets to both Public and Private Sectors, serial theft of government and private businesses would be stemmed.
Speaking earlier, the President of the Institute of Chartered Accountants of Nigeria, ICAN, Mr. Nnamdi Anthony Okwuadigbo has told the Alake that his professional body had been spending #50million annually to support the Federal Government efforts to eradicate endemic corruption among politicians and public servants.
Their ICAN President who was speaking at the Ake Palace during a courtesy visit to the Alake, disclosed that his association was spending the amount to protect and encourage whistle blowers on those stealing public monies thereby causing undue injuries to the Nigeria’s economy and development.
The ICAN boss noted that the policy had been paying off as the theft of the Nigeria’s Commonwealth was on the downward trends.
He commended Oba Adedotun Gbadebo for his leadership both locally and nationally adding that his association was always pleased to use Abeokuta as the venue of its annual Conferences.
Officers and members of the ICAN in the entourage included, Mrs Comfort Eyitayo, FCA first Deputy Vice President, Mr. Femi Ogunsanya FCA, Chairman Abeokuta District, Chief Oye Akinsulire FCA, Honorary treasurer, amongst others.
Egba Chiefs present on the occasion were Seriki Tosin Fadare, Baagbimo Israel Akanni Akinwale, Bantun Kehinde Sofenwa, Bobatolu Mathew Koleoso and Baaroyin Layi Labode
The President expressed his gratitude for the royal audience. The Visit is the first and very important according to him, also he mentioned that he is proud to associate with the progress being recorded in Abeokuta and Ogun State.
The Act of Parliament, No 15 of 1965 established ICAN from 150 members, it now has 50,000 chartered Accountants. ICAN Supports anti corruption, spent money to support whistle blowers. The Nation is gaining as Country’s budgets are professionally discussed with a view to help the nation grow.
The ALAKE expressed his heartfelt pleasure that the ICAN stages its conferences in Egbaland and commended the ICAN for their #50million Whistle Blowing Policy. He further stated that this should extent to other businesses to save businesses and enable employees to be accountable for their job.
The ICAN President then prayed that the tenure of the Alake and Paramount ruler of Egbaland would remain peaceful and fruitful. The Alake also prayed for them wishing them well in their visit and in all their endeavours.