YABATECH Alleged Fraud: FG Urged To Act On Panel Findings | Independent Newspapers Limited
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YABATECH Alleged Fraud: FG Urged To Act On Panel Findings

Posted: Mar 28, 2016 at 5:35 am   /   by   /   comments (1)

The Federal Government has been charged to urgently constitute a panel to investigate the alleged financial impropriety levelled against Dr. Margaret Ladipo, Rector of Yaba College of Technology (YABATECH).

A former staff of the College had alleged that Mrs. Ladipo used various cronies to fritter away funds belonging to the institution, and went as far as listing various companies and staff of the institution allegedly used in the deals.

Civil Liberties Organisation, (CLO) made the call in a letter to Mallam Adamu Adamu, the Minister of Education.

The CLO said that it actively participated and cooperated with the panel of investigators and submitted a memorandum to the federal government’s committee that probed the alleged financial impropriety in December 2015.

In the letter signed by Comrade Igho Akeregha, CLO’s President, the group expressed disappointment in what it called the long wait since December 2015 and expressed fears that the probe may be abandoned like past probes.

The group said it is aware that the report was submitted to the Minister of Education and wondered why nothing had been heard since the submission of the report.

The CLO noted that the delay by the Federal Government to act on the report sent a wrong signal regarding its commitment to the truth as well as puts the staff that exposed the fraud in a difficult position even as it also gives the suspects more time to destroy the records of the alleged acts of malfeasance.

The letter read in part, “The CLO was informed that the panel had submitted its recommendations and  it is on the table of the Honourable Minister of Education for necessary

“Having waited for months without words from government, the CLO is by this letter appealing to you to please do the needful so the staff (whistle blowers), who exposed the massive corruption within the system, are not abandoned to suffer for upholding integrity as they have been victimised  and dismissed by the embattled Rector.

“We also have on good authority that as the delay lingers, records of the  crime are being obliterated and more acts of financial haemorrhage and  brigandage are also being perpetrated while both the whistle blowers and  the nation suffer incalculable damage. Justice delayed is justice denied”.