• Home
  • Agric
  • Sci & Tech
  • Health
  • Environment
  • Hausa News
  • More
    • Business/Banking & Finance
    • POLITICS
    • Entertainments & Sports
    • International
    • Investigation
    • Law & Human Rights
    • Africa
    • ACCOUNTABILITY/CORRUPTION
    • Hassan Gimba
    • Column
    • Prof. Jibrin Ibrahim
    • Prof. M.K. Othman
    • Defense/Security
    • Education
    • Energy/Electricity
    • Entertainment/Arts & Sports
    • Society and Lifestyle
    • Food & Agriculture
    • Health & Healthy Living
    • International News
    • Interviews
    • Investigation/Fact-Check
    • LAW & HUMAN RIGHTS
    • Oil & Gas/Mineral Resources
    • PRESS FREEDOM/JOURNALISM/PR
    • General News
    • Presidency
  • About Us
    • Contact Us
    • Board Of Advisory
    • Privacy Policy
    • Ethics Policy
    • Teamwork And Collaboration Policy
    • Fact-Checking Policy
    • Advertising
  • Media OutReach Newswire
    • Wire News
  • The Stories
Facebook Twitter Instagram
Trending
  • Sultan Muhammad Sa’ad Abubakar: Celebrating a Leopard in the Palace at 70, by Bashir Adefaka
  • ‘Fake’ agency: Coordinator Nwabueze shares OSGF appointment letter to challenge ICPC claim
  • Awgu foundation unveils first advanced life support ambulance
  • Experts call for Nigeria to adopt circular economy
  • Ikole LG distributes improved cocoa seedlings to 70 farmers
  • RHV launches robotic surgery to improve Nigerian healthcare
  • WISE urges youths to turn climate concerns into action
  • Fake agency scandal: How ‘federal character’ was used to disguise illegal operation for 9 years
Facebook Twitter Instagram YouTube
AsheNewsAsheNews
  • Home
  • Agric

    Ikole LG distributes improved cocoa seedlings to 70 farmers

    August 23, 2026

    Kano gov inspects Kafinchiri dam project

    August 23, 2026

    IFAD-VCDP urges LGAs to form maintenance committees for farm infrastructure

    August 20, 2026

    AFAN Ogun seeks greater farmer inclusion in govt programmes

    August 20, 2026

    Kwaya Kusar farmers commend Borno govt’s security drive

    August 20, 2026
  • Sci & Tech

    NBRDA welcomes FEC approval of revised biotechnology policy

    August 21, 2026

    FUD physics student develops AI-powered fire detection system

    August 21, 2026

    TAFTA: AI, human connection must coexist

    August 20, 2026

    Ministry challenges FIIRO to become industry problem-solver

    August 19, 2026

    FG inaugurates national digital cloud policy

    August 18, 2026
  • Health

    Awgu foundation unveils first advanced life support ambulance

    August 23, 2026

    RHV launches robotic surgery to improve Nigerian healthcare

    August 23, 2026

    Period poverty hits schoolgirls hard

    August 23, 2026

    Mental health groups commend FEC for decriminalising attempted suicide

    August 22, 2026

    Professor urges greater role for dietitians in NCD management

    August 22, 2026
  • Environment

    Experts call for Nigeria to adopt circular economy

    August 23, 2026

    WISE urges youths to turn climate concerns into action

    August 23, 2026

    Wike marks 3 years of Abuja transformation

    August 23, 2026

    Fatal crash claims 5 on Badagry expressway

    August 22, 2026

    NEPA/PHCN pensioners protest unpaid arrears in Lagos

    August 22, 2026
  • Hausa News

    UNA signs MoU to launch air Bissau in Guinea-Bissau

    June 15, 2026

    Otti plans 250-room 5-star hotel in Umuahia

    April 11, 2026

    Anti-quackery task force seals 4 fake hospitals in Rivers

    August 29, 2025

    [BIDIYO] Yadda na lashe gasa ta duniya a fannin Ingilishi – Rukayya ‘yar shekara 17

    August 6, 2025

    A Saka Baki, A Sasanta Saɓani Tsakanin ‘Yanjarida Da Liman, Daga Muhammad Sajo

    May 21, 2025
  • More
    1. Business/Banking & Finance
    2. POLITICS
    3. Entertainments & Sports
    4. International
    5. Investigation
    6. Law & Human Rights
    7. Africa
    8. ACCOUNTABILITY/CORRUPTION
    9. Hassan Gimba
    10. Column
    11. Prof. Jibrin Ibrahim
    12. Prof. M.K. Othman
    13. Defense/Security
    14. Education
    15. Energy/Electricity
    16. Entertainment/Arts & Sports
    17. Society and Lifestyle
    18. Food & Agriculture
    19. Health & Healthy Living
    20. International News
    21. Interviews
    22. Investigation/Fact-Check
    23. LAW & HUMAN RIGHTS
    24. Oil & Gas/Mineral Resources
    25. PRESS FREEDOM/JOURNALISM/PR
    26. General News
    27. Presidency
    Featured
    Recent

    Sultan Muhammad Sa’ad Abubakar: Celebrating a Leopard in the Palace at 70, by Bashir Adefaka

    August 24, 2026

    ‘Fake’ agency: Coordinator Nwabueze shares OSGF appointment letter to challenge ICPC claim

    August 23, 2026

    Awgu foundation unveils first advanced life support ambulance

    August 23, 2026
  • About Us
    1. Contact Us
    2. Board Of Advisory
    3. Privacy Policy
    4. Ethics Policy
    5. Teamwork And Collaboration Policy
    6. Fact-Checking Policy
    7. Advertising
    Featured
    Recent

    Sultan Muhammad Sa’ad Abubakar: Celebrating a Leopard in the Palace at 70, by Bashir Adefaka

    August 24, 2026

    ‘Fake’ agency: Coordinator Nwabueze shares OSGF appointment letter to challenge ICPC claim

    August 23, 2026

    Awgu foundation unveils first advanced life support ambulance

    August 23, 2026
  • Media OutReach Newswire
    • Wire News
  • The Stories
AsheNewsAsheNews
Home»General News»Association orders forensic audit over endowment fund allegations
General News

Association orders forensic audit over endowment fund allegations

NewsdeskBy NewsdeskMay 11, 2026Updated:May 11, 2026No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The National Executive Committee (NEC) of the Arewa Consultative Forum (ACF) has ordered an immediate forensic audit of the Forum’s finances following allegations of irregular management of its Endowment Fund.

The resolution was reached at the NEC meeting held in Kaduna on Wednesday after deliberations on an interim report submitted by the Forum’s Code of Conduct and Ethics Committee (CCEC).

The report stemmed from a petition filed by ACF member Murtala Abubakar against the Chairman of the Board of Trustees (BOT), Bashir Dalhatu, over alleged constitutional breaches and financial misconduct.

According to the communiqué issued after the meeting and signed by ACF National Publicity Secretary, Prof. Tukur Muhammad Baba, the allegations centred on the movement and management of funds generated through the Endowment Fund.

The petition alleged that proceeds from the fund were transferred from the Forum’s official account in Kaduna to a Jaiz Bank branch in Kano without following due constitutional process.

It further claimed that about N1.4 billion from the Endowment Fund was moved into an investment account on the instruction of the BOT chairman.

The petitioner also accused Dalhatu of inserting himself as a signatory to ACF accounts and exercising direct control over the Forum’s finances, contrary to the provisions of the ACF constitution.

Presenting the committee’s interim findings, CCEC Chairman Prof. Nuhu Jamo said the committee found that the constitution clearly assigns the power to manage and disburse ACF funds to designated officers.

Jamo noted that the constitution vests custody and disbursement of funds in the Treasurer, while the Secretary General serves as the accounting officer.

“The constitution provides no role for the BOT chairman or any other official over the Forum’s funds beyond oversight responsibilities,” the report stated.

The committee warned that any assumption of direct control over Forum finances by the BOT chairman would amount to a gross violation of the constitution and fiduciary principles.

After deliberations, NEC unanimously adopted the committee’s recommendations, including the immediate commencement of a comprehensive forensic audit of ACF finances.

The Forum cited fresh evidence in the form of a letter allegedly written by Dalhatu to Jaiz Bank on November 20, 2025, requesting the transfer of an account to another branch in Kano.

NEC said the development further heightened concerns over the management of the Endowment Fund and justified urgent financial scrutiny.

The committee also recommended disciplinary measures against the BOT chairman pending the outcome of the investigations.

The NEC reaffirmed its commitment to transparency, accountability, and constitutional governance within the Forum.

It added that the ACF remained united and determined to protect its institutional integrity and public credibility.

ACF BOT CCEC NEC
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Newsdesk
  • Website

Related Posts

SERAP urges INEC to publish limit of political donations for 2027 polls

August 23, 2026

NDLEA arrests 101-year-old drug dealer, seizes N4.4bn Loud at Lagos ports

August 23, 2026

Terrorists abduct worshippers after Friday prayers in Niger

August 22, 2026

Leave A Reply Cancel Reply

Sultan Muhammad Sa’ad Abubakar: Celebrating a Leopard in the Palace at 70, by Bashir Adefaka

August 24, 2026

‘Fake’ agency: Coordinator Nwabueze shares OSGF appointment letter to challenge ICPC claim

August 23, 2026

Awgu foundation unveils first advanced life support ambulance

August 23, 2026

Experts call for Nigeria to adopt circular economy

August 23, 2026
About Us
About Us

ASHENEWS (AsheNewsDaily.com), published by PenPlus Online Media Publishers, is an independent online newspaper. We report development news, especially on Agriculture, Science, Health and Environment as they affect the under-reported rural and urban poor.

We also conduct investigations, especially in the areas of ASHE, as well as other general interests, including corruption, human rights, illicit financial flows, and politics.

Contact Info:
  • 1st floor, Dogon Daji House, No. 5, Maiduguri Road, Sokoto
  • +234(0)7031140009
  • ashenewsdaily@gmail.com
Facebook Twitter Instagram Pinterest
© 2026 All Rights Reserved. ASHENEWS Daily Designed & Managed By DeedsTech

Type above and press Enter to search. Press Esc to cancel.