Ambrose Alli varsity visitation panel indicts former management, alleges N1.7bn fraud The Punch
Published 26 May 2021
A panel has reportedly indicted the ousted management of the Ambrose Alli University, Ekpoma, for “indiscriminate procurement of loans/overdraft” to the tune of N1,794,069,811.
The panel, which was constituted by the state Governor, Godwin Obaseki, after agitations by staff unions and other stakeholders in the university community, was asked to investigate the operations of the university in terms of revenue generation, transparency, accountability, adherence to due process, mode of employment, promotions and sustainability.
A statement on Tuesday by the Special Adviser to the Governor on Media, Crusoe Osagie, said the committee, which was set up in October 2020, was chaired by a Professor of Law at the University of Benin, Ikponmwosa Omoruyi.