Govt uncovers alleged N2bn tax fraud, certificate racketeering varsity
The Edo State Government said it has uncovered an alleged N2 billion tax fraud, certificates and transcript racketeering and other nefarious acts by the management and staff of the Ambrose Alli University (AAU) Ekpoma. The alleged fraud was contained in the report presented to Governor Godwin Obaseki by the Special Intervention Team (SIT) set up […]
Ambrose Alli University, Ekpoma
The Edo State Government said it has uncovered an alleged N2 billion tax fraud, certificates and transcript racketeering and other nefarious acts by the management and staff of the Ambrose Alli University (AAU) Ekpoma.
The alleged fraud was contained in the report presented to Governor Godwin Obaseki by the Special Intervention Team (SIT) set up by the governor to advance the government’s vision to reposition the institution to meet global standards
Presenting the report to the governor, leader of the team, Mr. Austin Osakue, said “Over N2 billion was owed the Edo State Government from the tax that was never paid to the state government and AAU receives more salaries compared to UNIBEN staff and they never pay taxes.”
He said: “All the Internally Generated Revenues (IGRs) and school fees collected were not accounted for and all the money entered private pockets instead of the school purse. We have been able to check this excess and now are able to collect N32 million in taxes for the Edo State Government.”
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According to him, one of the biggest problems in AAU was overhead spending on diesel due to the bad electricity situation in Ekpoma, adding that the staff of the institution are cashing in on the situation to steal money from the treasury.
He explained that the issue of certificates and transcripts is a big business in AAU and has caused the university a bad image, adding, “Students who graduated from 2019 to 2021 have not collected their certificates as there are people who collect money from students for this cause.
Responding, Obaseki, said the greatest legacy for late Prof. Ambrose Alli is to restore the university back to its glory days and that of his dreams.