• 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
  • CJID awards sustainability grants to 7 media organisations [SEE LIST]
  • Dangote, Sinoma sign $800m MoU to expand Itori Cement Plant Capacity to 12MTPA
  • Niger completes first phase of General Hospital Minna upgrade, set to expand bed capacity to 500
  • CBN opens August with N700bn treasury bills auction
  • NWUS: Wamakko’s efforts not unexpected, says UDUTH Acting CMD
  • Plateau health commissioner highlights benefits of breastfeeding
  • Works ministry assesses flood-hit Benin-Sagamu expressway
  • Expert calls for culturally responsive reproductive care in Africa
Facebook Twitter Instagram YouTube
AsheNewsAsheNews
  • Home
  • Agric

    Vet konect graduates first women in poultry cohort

    August 1, 2026

    Catfish farming gains popularity in Dutse

    August 1, 2026

    NADF, NBS sign MoU to improve agricultural data

    August 1, 2026

    Betara distributes 12,000 bags of fertiliser to farmers

    August 1, 2026

    ASUU-FUAZ issues 21-day ultimatum over unimplemented agreement

    August 1, 2026
  • Sci & Tech

    FUTA, Cardiff Metropolitan University explore women’s role in human-centered AI

    August 1, 2026

    OpenAI: AI agent tried hacking 4 other services

    August 1, 2026

    Samsung unveils thinner, pricier foldable phones

    August 1, 2026

    NITDA inaugurates National SQA framework

    July 30, 2026

    Ex-IGP tasks governors, Almajiri commission on out-of-school children

    July 29, 2026
  • Health

    Niger completes first phase of General Hospital Minna upgrade, set to expand bed capacity to 500

    August 3, 2026

    NWUS: Wamakko’s efforts not unexpected, says UDUTH Acting CMD

    August 3, 2026

    Plateau health commissioner highlights benefits of breastfeeding

    August 3, 2026

    Expert calls for culturally responsive reproductive care in Africa

    August 3, 2026

    Niger Governor’s wife commissions remodelled wards at Minna General hospital

    August 2, 2026
  • Environment

    Works ministry assesses flood-hit Benin-Sagamu expressway

    August 3, 2026

    FMBN assures normal operations after HQ fire

    August 3, 2026

    Taraba gov signs orders against thuggery, illegal mining, drug abuse

    August 3, 2026

    VP Shettima arrives in Asaba for Delta economic summit

    August 3, 2026

    FAAN confirms fire at MMIA terminal 2

    August 2, 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

    CJID awards sustainability grants to 7 media organisations [SEE LIST]

    August 3, 2026

    Dangote, Sinoma sign $800m MoU to expand Itori Cement Plant Capacity to 12MTPA

    August 3, 2026

    Niger completes first phase of General Hospital Minna upgrade, set to expand bed capacity to 500

    August 3, 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

    CJID awards sustainability grants to 7 media organisations [SEE LIST]

    August 3, 2026

    Dangote, Sinoma sign $800m MoU to expand Itori Cement Plant Capacity to 12MTPA

    August 3, 2026

    Niger completes first phase of General Hospital Minna upgrade, set to expand bed capacity to 500

    August 3, 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

Nigeria’s external reserves slip $114m after hitting $52.04bn high

July 31, 2026

NARD threatens nationwide strike from August 10

July 31, 2026

Wamakko defends Gov Aliyu’s record, says development extends beyond Sokoto metropolis

July 31, 2026

Leave A Reply Cancel Reply

CJID awards sustainability grants to 7 media organisations [SEE LIST]

August 3, 2026

Dangote, Sinoma sign $800m MoU to expand Itori Cement Plant Capacity to 12MTPA

August 3, 2026

Niger completes first phase of General Hospital Minna upgrade, set to expand bed capacity to 500

August 3, 2026

CBN opens August with N700bn treasury bills auction

August 3, 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.