QUESTION 3 Mrs. Chidinma Okonkwo is a newly appointed Finance Manager at Zenith Agro-Allied Industries Plc, a publicly listed food processing company headquartered in Enugu. During her first month in the role, she discovers the following: (i) The company has been recording fictitious sales invoices to inflate revenue figures before the half-year financial reporting date, a practice that has been ongoing for two years. (ii) The company's external auditors, Bright & Partners (Chartered Accountants), have been receiving annual 'goodwill gifts' valued at N500,000 from the company's CEO, which Mrs. Okonkwo suspects may be compromising their independence. (iii) The Head of Procurement has awarded a N50 million supply contract to his brother-in-law's company without following the company's competitive tendering process. Mrs. Okonkwo is concerned about her professional and ethical obligations but is unsure how to proceed, particularly as the CEO has implied that raising these issues could jeopardise her employment. Required: (a) Identify and explain the THREE ethical violations present in the scenario above, citing the relevant professional or legal standard breached in each case. (9 marks) (b) Advise Mrs. Okonkwo on the appropriate course of action available to her as a professional accountant, with reference to the ICAN Code of Professional Conduct and relevant Nigerian legislation. (9 marks) (c) Explain the concept of a 'whistleblower' and identify THREE protections available to Mrs. Okonkwo under Nigerian law if she decides to report these infractions to the appropriate authorities. (6 marks) (Total: 24 marks)