Washington Mutual, was a US bank which went bankrupt at the end of $2008$ due to a number of risk management issues. Read the case noted in the link below and answer the following questions:

A$.$ Develop a risk management programme appropriate for this case

B$.$ Explain how compliance to this risk management programme can prevent the credit risk management issue$($s$)$ experienced by Washington Mutual.

C$.$ Discuss the importance of an internal risk assessment and auditing process in relation to this case.