The Inspector General of Police, IGP Ibrahim Idris, has tasked the committee to review Nigeria Police investment companies and subsidiaries and produce the White Paper and implementation of the report, to meet the one-month deadline.
Idris handed the charge while inaugurating the committee, weekend, at the Force Headquarters, Abuja.
The investments are: Nigeria Police Cooperative; NPF Pensions Ltd; Police Property Development and Construction Company; Police Microfinance Bank; Police Health Maintenance and NPF Mortgage Bank.
He said the committee which is to work under the chairmanship of Deputy Commissioner of Police (DCP) in charge of FIB, Mohammed Wakili, is expected to carry out the assignment diligently and submit its report within one month.
IGP Idris said the terms of reference of the committee include: “To liaise with the auditors who audited the accounts of these units for full briefings; liaise with the CBN, NHIS, SEC and other regulatory bodies in the area of implementation of the audited reports.
He said, the committee to would where appropriate: “Invite board and management members of these investment units to shade more light and where necessary, recommend appropriate actions to be taken against any erring board member or staff.
“Recommend where appropriate, action and strategies that will improve the police investment units to re-candle customers’ confidence and integrity and return on investment.”
The police boss said Chief Superintendent of Police (CSP) Ibrahim Adamu Bakori (PSO II) is to serve as secretary to the committee which has DCP Bala Ciroma (DC SCID, FCT); DC David Igbodo (DC Legal) and Assistant Commissioner of Police (ACP) Shehu Usman Shuibu (AC Works) as members.
