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VC Arrested For N260 Million Fraud

by NewsDen Publishers
February 2, 2021
in NEWS, NIGERIA
0
VC Arrested For N260 Million Fraud
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VICE Chancellor of Federal University, Gusau, Professor Magaji Garba, has been arrested by the Economic and Financial Crimes Commission, (EFCC) for alleged engagjng in fraudulent activities.

EFCC spokesman, Wilson Uwujaren, confirmed the arrest but declined to give details.

A reliable source revealed that Garba fraudulently obtained the sum of “Two Hundred and Sixty Million Naira (N260, 000,000) from a contractor, Alhaji Shehu Sambo, owner of Ministaco Nigeria Limited, on the pretext that the University was going to award his company a contract worth N3, 000,000,000 (Three Billion Naira) for the construction of perimeter Wall Fence around the institution which never materialised in 2018.”

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The source added that Garba honoured the invitation of the EFCC on Thursday, January 28, 2021 and has not been released as EFCC tries to unravel what happened.

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