By Emmanuel Ovuakporie
OWERRI—The Economic and Financial Crimes Commission (EFCC) has arrested the Vice Chancellor of the Imo state University, Prof I.C.Okonkwo and two other top officials of the institution over an alleged N70million fraud.
It was gathered that the anti-graft agency, acting on a petition against the VC had swung into action and on investigation, the house of the suspect was searched and the sum of N4.5million cash, $11,200 and 700 euros were found in his apartment in Owerri.
The source revealed that on interrogation, the suspect could not explain the source of both the foreign and local currencies and several cash deposit slips found in his house.
It was also discovered that he operated nine bank accounts in four different banks and had awarded several contracts over his N1million approval limit.
He was said to have awarded a contract for the purchase of six cars for N20million without bidding or placement of advertisement for such procurement.
The source explained that the suspect also”collected the sum of N12million for refurbishment of his house without any sign of renovation till date.
He was also alleged to connived with the school bursar and another official to extort N5000 each from graduating students totalling N25million without approval from the Governing Council of the university and the receipts used for the illegal collection were fake.”
The problem of imsu is from the vc and the lecturers. how can they force students to buy their text books or else the the fail the course and the vc will see all this and keep calm. And also the Governor (OHAKIM) who always say that education is your right, but during the period they increase the students school fees, when students protested against it, he sent them home for about a month and still did not reduce the amount.what a heartless governor.
The problem of imsu student and there lecturers is that imsu has no senate, no sug, and so no one talks. There are thousands of extution going on within imsu lecturers and there student, e.g. a quantity survey lecturer asking his student to pay N1000 for submitting one assignment. Who will talk ! ! Carry over awaits you.
Let the federal and imo state government should put ideas together and resolve the problem of imsu for the benefit of the future leaders, because the students are following their footstep together with their education, we don’t want to have bad government tomorrow. By 08063638048.
Nawa ,is on beliveable 2 my hearin,a whole imsu vc acting seriously more than an army robbery force 2 his life,dis kind of people should be sentenc 2 death immediately sodat other wil learn a lesson 4rm it.