Probe panel uncovers N76m fraud in Edo College

A Commission of Inquiry set up by Edo State government to probe the activities of some tertiary institutions in the state has uncovered N76 million fraud at the Michael Imoudu College of Physical Education, Afuze.

The probe covers the school’s activities between January 2009 and June 30th 2019.

A former bursar of the college and ex-provost were indicted by the panel for not being able to provide receipts and vouchers for their financial transactions and expenditures amounting to N76 million for the period under investigation.

Chairman of the commission and former Edo State Head of Service, Mrs. Gladys Idahor said the probe is in line with its terms of reference.

Idahor expressed dismay over the findings of the commission, saying  in her 32 years of service she has never heard of such.

Ex-bursar of the college between 2004-2005, Mrs. Abiola Olabisi who testified before the commission said she recorded her financial transactions and expenditures in a notebook.

Olabisi said: “at a point, I fell ill and bedridden, during which period rainstorm destroyed the roof of my office, which damaged the entire documents inside”.

 The commission was constituted to examine the finances of the institution (including receipts and expenditure) and determine whether they were in accordance with the laws setting up the institution and rules and regulations guiding the public service.

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