905.11—Office of Inspector General.
(a) General.
The Inspector General reports directly to the chairperson of the Board of Directors and is subject to, and operates under, the provisions of the Inspector General Act of 1978, as amended (5 U.S.C. app. 3).
(b) Responsibilities.
The responsibilities of the Office of Inspector General under the Inspector General Act include:
(1)
Conducting and supervising audits and investigations relating to the programs and operations of the Finance Board;
(2)
Providing leadership and coordination, and recommending policies for Finance Board activities designed to promote the economy, efficiency and effectiveness of programs and operations, and preventing and detecting fraud and abuse in programs and operations; and
(3)
Providing a means for keeping the Board of Directors, agency managers and the Congress fully and currently informed regarding on-going investigations and, if needed, the necessity for and progress of corrective action.