Inspector General
The NCUA Board established the NCUA Office of Inspector General (OIG) on March
20, 1989 by Board Action Memorandum in response to
the Inspector General (IG) Act amendments of 1988.
The law required the NCUA and 32 other
smaller Federal agencies, known as the "designated Federal entities", to establish and maintain such offices. The NCUA Board substituted the
Inspector General’s office for the existing Office of
Internal Audit.
In another action, the Board transferred to the OIG all the functions, powers
and duties of the Office of Internal Audits, except
for the processing of appeals from Regional Office
decisions which was transferred
to the Office of General Counsel. This action was
required by the IG Act, which prohibits agencies
from transferring to OIGs any "program operating responsibilities" (5 USC Section 9(a)(2)). Title 12 CFR Part 790(a)(6), regarding the General
Organization of NCUA, was revised to describe
the new OIG.
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