Yabatech in crisis: Bursar accuses rector of embezzling N2bn … The allegation is false –Yabatech spokesman
The bursar of the Yaba College of Technology, Olu Ibirogba, who’s currently on suspension, has accused the school’s rector, Dr Kudirat Margaret Ladipo, of large scale fraud, economic and financial misappropriation. In a letter written by his lawyer, Frank Eke & Co, to the President, Muhammadu Buhari, and the Vice-President, Professor Yemi Osinbajo, Ibirogba said that pursuant to the provision of Section 38 of the Economic and Financial Crimes (Establishment) Act, 2004, he sees it as his duty to bring to the attention of the government the misappropriations. According to the letter, Ibirogba has sufficient information regarding the extent, audacity and temerity with impunity to which the alleged crimes have been perpetrated, to the extent that the rector has allegedly embezzled not less than N2bn in the last five years. Concludingly, the letter pleaded that “Your Excellency, we enjoin you most pleadingly to direct the appropriate anti-graft agency as well as the federal Ministry of ...