IMO STATE UNIVERSITY (IMSU) VICE CHANCELLOR ARRESTED BY THE EFCC (ECONOMIC AND FINANCIAL CRIMES COMMISSION)

From Naijaloft The vice chancellor of the Imo state university (imsu) has been arrested by the Economic and Financial crimes commission (EFCC).
The vice chancellor of the Imo state university (imsu) Prof I.C Okonkwo and two other officials of the university were arrested by the economic and financial crimes commission (EFCC) for an alleged 70 million Naira fraud.
EFCC which was acting on a petition against the Imsu vc searched his house and discovered 4.5 million Naira cash, 11,200 dollars and 700 euros in his Owerri apartment. During Interrogation the vice chancellor could not explain the source of the large amount of money found in his apartment.
It was also discovered that he operated nine bank accounts in four different banks and had awarded several contracts over his N1million approval limit.
The Imo state university vice chancellor was said to have awarded a contract for the purchase of six cars for N20million without bidding or placement of advertisement for such procurement.
The vice chancellor allegedly collected the sum of N12million for refurbishment of his house without any sign of renovation till date.
He was also alleged to have connived with the universities bursar and another official to extort N5000 each from graduating students totalling N25million without approval from the Governing Council of the Imo state university and the receipts used for the illegal collection were fake.

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20 COMMENTS

  1. Whether d vc & co extorts money or if its politics 2 take him out i dont knw. What me paschalino20 is sayin is dat they should try & fix a date 4 post UME so dat people wil write or they 4get about it & give people admission base on their Jamb score.

  2. Efcc or anything u cal ur group,u are all the same.If the vc does that so do u people do so.cause u like coin that tus about.I wil only agree with this'governor ohakim wants his brother there.Lets have mercy on ourselves.And our country.Not using u as weapon

  3. but i had that the problem is that,the governor of IMO state told him to give him about 3000 candidate in school, way should say such a thing.the governor of IMO state now send him efcc to arrest them.but the governor of IMO state is thief.everybody is thief money.even the governor of IMO state also.my advice is that efcc should away them to go.no body is innocent .

  4. I thought these where true….But as time goes by, it appear very clear and more clearly that this were all falacy and untrue….coupelled wt a political plot….THE RESULT IS NOW BOLDLY WRITTEN ON THE WALL

  5. please why should imo state university collected post ume scratch card payment from 2nd choice student?but on the exam day they were not allowed to take the post ume exams only the first choice were allowed to participate.may God forgive them.

  6. THE VICE CHANCELLOR NEED MAKE DEY HACK AM MAKE HE DIE HE NO DESERVE TO LIVE ATALL,ON A VERY GOOD DAY OTHERS GO COMEOUT
    THEIR OWN DEY GO DIE BY STONNING THANK YOU .EFCC UNA TOMUCH MAKE UNA CONTINUE GOD GO DEY BLESS UNA BYEEEEEEEEEEEEE.

  7. OGORDOR………………. no b small parade o, vc so u get dat kind amount of money na u still dey extort ur student , u don 4uck up big time n i go treat ur 4uck, i don even 4get sa EFCC don day treat already, na b d small luck way baba God ve u.
    my gay EFCC make u 4uck dat holigan up wella, e don tail way him n e partners in crimes rub, wel dos criminals b get luck sa i no day dere when EFCC caught like fishes, if nt i 4 o o o o make i leave lyk dat 4 nw.
    but b4 logout EFCC una still b theif shey…. thank God sa una kn, but e b lyk sa na una own na kome wast past bcos d way u na theif una o eh aaaaaa na God go really help us 4 una HAND, make WITCHES N WIZARDS PLUS DEVIL HIM SELF KILL UNA ALLL ESELL n AMEN OOOOOOOOOOOO

  8. Pls efcc look into imo state university theatre arts department the male lecturers there are thieves especialy the one called chris nwaru that man is a thieve they have killd students with their extortion may God have mercy upon them. I cant advice any body i know to go in that dept they will make sure they collect all the money u ve b4 graduatin. But i left the only female lecturer mrs Gloria up 4 her deligence and honesty God ll reward u ma, ur children shall b blessin 2 u, u shal eat d fruit of ur labour Amen!