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Home Anti-Corruption Looters of TETFund Grant Will be Prosecuted -Magu
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Looters of TETFund Grant Will be Prosecuted -Magu

By
Wilson Uwujaren
-
July 12, 2018

Looters of TETFund Grant Will be Prosecuted -Magu

The Acting Chairman, Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has assured management of the Tertiary Education Trust Fund, TETFund that the anti-graft agency will assist it in bringing to book all those who have mismanaged funds meant for the development of the educational sector.

“The work at hand is enormous, and we are intensifying investigations in all zones across the country,” he said.

He gave the assurance during a visit to the EFCC Head Office, Abuja, by management of TETFund, led by its executive secretary, Abdullahi Baffa, on July 12, 2018.

While intimating the gathering of a conviction secured in Osun State, involving a fraud case prosecuted by the EFCC, involving TETFund funds, Magu noted that “we have seen more people that could be held culpable”.

“We are ready to partner to block all loopholes,” he added.

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He used the opportunity to encourage Baffa and his team, to simplify its processes “to prevent further stealing”, and to also “sensitize members of the public and all relevant stakeholders concerning TETFund and its project in their area”.

“It will allow the people to monitor the projects and the activities of the contractors,” he said.

While commending the EFCC for its “giant strides in the fight against corruption”, Baffa, stressed that the assistance of the agency had become a necessity “to tackle the menace of inappropriate projects, abandoned projects, mismanaged funds, and stolen funds, which are almost grounding the institutions”.

“We have also put in place some mechanisms to checkmate fraudulent activities between contractors and these tertiary institutions, but we still need the EFCC’s assistance to escalate the matter to prevent further damage to the educational sector and tertiary institutions,” he said.

Wilson Uwujaren
Head, Media & Publicity

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Troops Eliminate 2 ISWAP Senior Commanders, Other Terrorists in BornoDangote Refinery Deploys 4,000 CNG Trucks, Promises 24,000 Jobs as Fuel Queues EndPower Outage: Police Broker Peace Between AKTH, DisCos in KanoIGP Appoints SP Adebisi as Lagos Police PROBauchi Forum Condemns ATBU's Plan to Close FacultiesCourt Rejects Nnamdi Kanu’s Request for Transfer to National HospitalResident Doctors Commences Indefinite Strike in FCTTroops Foil Multiple Terrorist Attacks, Rescue Kidnap Victims in Zamfara, Kebbi, KatsinaTroops Repel Bandit Ambush in Katsina as Four Farmers Abducted in ZamfaraTroops Recover Arms in Plateau, Intercept Drug-Laden Vehicle in TarabaBook Review: Is This the Cure? A Look into Healing Nigeria By Hanniel NobohBook Review: Reshaping Diplomacy Through Digital Innovation – A Gen-Z Outlook By Bilkisu Ahmed ShekarauBook Review: Renewed Hope in Central Banking – A Blueprint for Nigeria’s Economic Future By Khadijah Lawan MuhammadRenewed Hope in Hajj Operations: NAHCON Records Milestone Achievements Under Tinubu AdministrationSHAKE-UP: FRSC Redeploys Senior Officers to Bolster Operations Nationwide
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