Multi-million Naira 'Hidden' Assets Belonging to Nigerian Vice Chancellors Uncovered... See Details

Posted by Thandiubani on Tue 21st Mar, 2017 - tori.ng

Some corrupt Vice Chancellors and tertiary university heads who have hidden assets totalling millions of naira acquired through proxies have been exposed.

Nigerians protesting (File photo)
 
The National Association of Nigerian Students on Tuesday said it had uncovered multi-million Naira assets of some vice chancellors, including those allegedly acquired through proxies, family members and siblings, reports Punch.
 
In order to frown against this anomaly, the NANS said it would mobilise 40 million Nigerian students in a march against corrupt vice chancellors and heads of tertiary institutions in the country.
 
The breakthrough, according to NANS President, Chinonso Obasi, was sequel to its earlier resolve to take advantage of the whistle-blowing window provided by the Federal Government to join in the fight against corruption.
 
While speaking to journalists in Abuja, he said the protest march against corruption would afford NANS the opportunity to demand the removal of corrupt vice chancellors and other heads of tertiary institutions.
 
He said, “After mobilising our state chapters throughout the country, NANS wishes to inform Nigerians that we have been able to identify multi-million naira assets of some vice chancellors, including those acquired through proxies, family members and siblings.

“We are putting final touches to our grand plan to mobilise 40 million Nigerian students in a march against corruption in tertiary institutions, during which we hope to demand from President Muhammadu Buhari the removal of identified corrupt vice chancellors and administrators of tertiary institutions.

“While we have lodged necessary reports with the appropriate quarters, we wish to assure the corrupt elements threatening us that we shall not abandon our chosen course to expose their corrupt tendencies and evil machinations against the future of Nigerian youths.”
 
Obasi expressed disappointment that administrators of higher institutions of learning could descend so low in primitive acquisition and unbridled corruption.

“By the time these leads are successfully pursued and suspects prosecuted, Nigerians must have got a clue as to why the appointment of heads of tertiary institutions has become a do-or-die affair, entailing bribery, intimidation and other desperate approaches.

“On a crucial note, we must not fail to inform Nigerians that our modest efforts did not come easy. Our field operatives and colleagues, especially the NANS president and his executive, have come under constant threats and assassination attempts.

“We will not back down or back out until our academic institutions become the Ivory Towers they are meant to be,” Obasi said.
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