EKSU Students Were Duped Out Of N10 Million In School Fees
The Ekiti State University (EKSU) has said that some of its students who were victims of a recent financial fraud violated the university’s fee payment policy.
News Agency of Nigeria
In a statement issued on Monday in Ado-Ekiti, Mr Bode Olofinmuagun, the institution’s Head, Directorate of Information and Corporate Affairs, clarified the situation.
According to Olofinmuagun, the explanation was important to avoid misleading and informing parents and the general public about the matter.
He also said that it was in reaction to a recent publication on the fees fraud captioned, “EKSU students cry out as varsity voids over N10 million school fees’’.
According to Olofinmuagun, the affected students disobeyed the university’s rules on tuition and charge payment procedures.
He said that the university has established an e-collection procedure for all fees and levies.
He went on to say that the policy was part of a broader set of controls aimed at preventing fraud and other anomalies.
According to him, the method for paying fees and charges was posted on the university’s portal and website in accordance with policy.
Olofinmuagun said, “For the avoidance of doubt, the procedure includes the use of username and personal password associated with each student.
“It was clearly stated that the release of username and password to a third party or external person is at the student’s risk.
“However, in spite of the above warning and after thorough investigation, it was discovered that the defrauded students disregarded the policy on procedure for payment and on their own volition decided to pay their fees for the 2018/2019 academic session into the personal accounts of the fraudsters rather than the university’s designated and profiled bank accounts.
“During investigation, some of the defrauded students made confessional statements, while some of them, after realising their mistakes, had made correct and genuine payments into the university’s designated accounts.
“It is equally important to let the general public know that the perpetrators of the scam were arrested by a law enforcement agency and later released on bail.
“The university management wishes to assure that it would cooperate with the relevant law enforcement agencies to ensure that those defrauded get their monies refunded.’’
Follow Our Activities On Facebook
11 hours ago
CBN Freezes Risevest, Bamboo, Trove and Chaka Bank Account.
Central Bank of Nigeria has frozen the accounts of Risevest, Bamboo, Trove, and Chaka founders for the next six months.
Hacklab Foundation Partners BlueAfric Media to Host AI Hackathon in Nigeria
The largest hackathon in West Africa is set to take place in Lagos, Nigeria, with BlueAfric Media at the forefront of communications for the event.