Audit observed that the sum of N457,657,293.12 released to the Academy on 13th December 2012 was irregularly diverted to UBA account number;1006476693. All efforts made by the Audit Team to sight the bank statement, supporting documents for s for utilization of the fund and other relevant details proved abortive.
The Rector is required to recover the sum of N457, 657,293.12 irregularly diverted into a private account and furnish recovery particulars. Sanctions within FR 3106 should apply.
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