External auditors, known as PKF Professional Services, have begun auditing the activities of the Benue Investment and Property Company Limited.
The firm, recognised as a Tier-one auditing firm according to the Managing Director of BIPC, Dr. Raymond Asemakaha, was engaged to conduct a comprehensive forensic audit of the company from 2021 to 2023.
Dr Asemakaha stated that upon assuming office, he secured the approval of the governor, Rev. Fr. Dr. Hyacinth Iormem Alia, to engage PKF to conduct a comprehensive forensic audit of the company’s activities from 2021 to 2023.
This action, according to the MD, was necessary and mandatory for restructuring the organization into a profitable venture.
Dr. Asemakaha, while receiving the delegation on Monday, emphasized the significance of the audit recommendations in driving the company’s revitalization efforts.
The MD explained that the audit encompasses a meticulous review of all financial records, property evaluations, physical verification, and strategic planning for future operations, including the implementation of geofencing technology on all BIPC properties.
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He added that the auditors…
