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UNIZIK Vice Chancellor Fingered In Multi-Billion Naira Corruption Scandal

UNIZIK Vice Chancellor Fingered In Multi-Billion Naira Corruption Scandal 1

The Vice Chancellor of the Nnamdi Azikiwe University,
Awka, Boniface Egboka, is being investigated by the Economic and
Financial Crimes Commission (EFCC), for the mismanagement of billions of
naira meant for the institution, the International Centre for Investigative Reporting, Nigeria is reporting. 

Mr. Egboka allegedly misappropriated the funds through the award of bogus and inflated contracts to fronts and cronies; selective bidding; and fraudulent contract cost variations. The University head was recently arrested and questioned by the EFCC and has made statements about his involvement in the alleged fraud. He was thereafter released on administrative bail.

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