Sunday, 6 July 2014

Former UNN VC Under EFCC's Spotlight For Misuse Of Funds

Men of the Economic and Financial Crimes Commission (EFCC) have arrived the Nsukka campus of the University of Nigeria (UNN) for investigations over the alleged misappropriation of funds leveled against the former Vice-Chancellor of the university, Professor Bartho Okolo who just completed his 5-years tenure in office.

The UNN Alumni Association, workers’ unions in the university and the South Eastern Zone of the Civil Liberties Organisation (CLO) were among those who had accused the former VC of official wrongdoings in the handling of the institution's funds and award of contracts without following due process.

The alumni association alleged that more than N3 billion of the University fund was misused in Professor Okolo’s tenure.

They also accused the former Vice Chancellor of awarding road contracts worth nearly N100 million, paid more than 90 per cent of the contract sums and yet the contracts remained un-executed until the end of his tenure.

Proffessor Okolo is being investigated with some other top administrative officers during his tenure.

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