ICAN to withdraw fraudulent members’ licences

ICAN

ICAN

The 60th President of the Institute of Chartered Accountants of Nigeria (ICAN), Chief Davidson Chizuoke Stephen Alaribe, has said the body will withdraw the operating licence of any member found guilty of fraud.  
  
The president had denied the impression that accountants were being used by politicians to change figures while perpetrating fraud in public offices.  Alaribe disclosed this in Kano while presiding over the inauguration of a new district of ICAN at the state polytechnic. 
  
The president stressed the cardinal principles of transparency and accountability in ICAN and insisted that no certified chartered accountant would allow themselves to be used and compromise his professional integrity to be enmeshed in corrupt practices. 
  
“Anybody can say he or she is an accountant. Those accusing accountants of conniving with politicians to commit fraud should find out if those committing fraud are chartered accountants or not. Now, if any of our members is found culpable, he would be charged before an investigative panel.  
  
“If he has a case to answer, the matter will be transferred to a disciplinary tribunal chaired by the President. If the sentence is passed, such a member has the privilege to appeal. ICAN will bring them to book; we will withdraw their practising licence from them,” Alaribe said. 
  
The newly inaugurated Chairman of ICAN-Dala and District Society, Ali Shehu, pledged to embark on public enlightenment on investment and prudent management resources.  
  
Shehu added that the new district would also prioritise carrier development and mentorship of upcoming chartered accountants in Kano.
 

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