By Gabriel Ewepu

ABUJA—THE Chartered Institute of Forensic Investigative Auditors in Nigeria, CIFIA,  yesterday said the allegations of the Institute of Charted Accountants of Nigeria, ICAN, that CIFIA was a family business and amounted to proliferation of bodies, was baseless.

Leader of promoters of the CIFIA Bill led by Dr Victoria Enape, stated this while reacting to statements credited to ICAN, that CIFIA was a family business and amounted to proliferation of bodies.

Speaking on their behalf Enape said:“Promoters of the Chartered Institute of Forensic and Investigative Auditors, CIFIA, have expressed dismay over ceaseless propaganda and display of ignorance by the Institute of Chartered Accountants of Nigeria (ICAN) on the roles and essence of CIFIA.

“ICAN had in a recent briefing with newsmen alleged among other things that CIFIA was a family business and amounted to proliferation of bodies. ICAN was disparaging the Senate by its campaign of calumny and hostility on a Bill meritoriously passed by the upper chamber. Having gone through the mischievous and malicious publications of ICAN, we found out their ignorance in all ramifications.”