The interim manager, according to the commission, was to review the charity’s financial and governance processes, inspect a number of the charity’s branches as well as their handling of serious incidents. It however stated that the trustees retain control over religious activities.The commission, had in 2018, opened an inquiry into concerns of late filing of financial information, leaving room for significant losses. It is also concerned that trustees were unwilling to report serious incidents.
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The inquiry found two alleged incidents of fraud by former employees involving significant sums, both of which were not reported until a number of years after the frauds were discovered.
It also found that that three trustees are paid, which is in breach of the charity’s governing document and causes conflict when employment matters are discussed.
Interim managers are appointed where the Commission has identified misconduct or mismanagement, or there is a need to protect the charity’s property.
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Once its inquiry has concluded, the Commission publishes a report setting out its findings.
In Nigeria, presently, religious leaders are battling the Federal Government over the application of the Company And Allied Matters Act (CAMA) to churches. They insist that the government has no right to regulate religious bodies.
One of the public critics of the law is David Oyedepo of Living Faith Church. He has insisted that church matters are God matters and the government must steer clear of them.
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Sola Ore, the Chairman, Lagos Chapter of the Pentecostal Fellowship of Nigeria, has said the association will consider seeking legal redress.