EFCC arrests ABSU VC, registrar for financial recklessness ..
Written by Biola Azeez
Economic and Financial Crimes Commission (EFCC) has arrested vice-chancellor and registrar of the Abia State University (ABSU), Uturu, Professor Mkpa A. Mkpa, and Mr. Ernest Onuoha, respectively, over allegations of financial recklessness, which allegedly runs into N10 billion.
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The Nigerian Tribune gathered that the two university administrators were arrested based on a petition written to the commission by the university's alumni association, dated November 11, 2009 with reference number ABSUAA/NEC/10/1 and signed by its national vice-president and national secretary of the association, Mr. Ken Nwakanma and Mr. Peter Onyeokoro, respectively, a copy of which was made available to the Nigerian Tribune in Umuahia on Tuesday.
The association, which called on the agency to carry out extensive investigations into financial activities of the two principal officers and their accomplices in the administration of the university, added that they also converted university properties to their own.
The petition also accused the principal officers of engaging in admission racketeering, saying that over 60 per cent of the admissions in the university were by racketeering process, stressing that they make over N200 million each admission year.
It also wanted the EFCC to investigate the establishment of the university's package water industry and the fencing of the ABSU International Secondary School, among other contracts, which the association said had consumed more than N60 million.
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