- N558 million ESUT fund trapped in 31 bank accounts
N558 million ESUT fund trapped in 31 bank accounts
SouthEaastPost Oct 7, 2019 333 Views
NSUKKA-----The Governing Council of the Enugu State University of Science and Technology, ESUT, has bemoaned the rot in the university.
The six - member committee headed by the Pro - chancellor, chairman of the Council and Catholic Bishop of Nsukka Archdiocese, Prof. Godfrey Onah, discovered that the university management had continued to operate multiple bank accounts leading the institution to lose over N558 million in over 31 different bank accounts.
Also, the committee discovered that lopsided agreement between ESUT and contractors handling students' hostels maintenance for the university had resulted to alleged questionable loss of N21,514,561.
Furthermore, the committee also discovered that the accreditation status of ESUT had moved from 45% in 2015 to 95%, in 2019 due to the efforts of the Visitor and state governor, Hon Ifeanyi Ugwuanyi, adding that the preponderance of adjunct and contract staff in institution has placed the academic strength of the university above the National University Commission's, NUC's recommendations.
The committee then recommended that all outstanding certificates totaling 138,418 should be signed and effort made for those graduates to collect them to ameliorate their sufferings.
Apart from the pro chancellor, Bishop Onah, others who signed the report included Professor Uche Eze, former state Commissioner for Education; Professors Chike Anibeze and Fred O. Eze (both representing the Senate of the University); Dr Innocent Akuvue ( Convocation Representative member) and Hon John Egbo.
The "Executive Summary of the 57- page report stated in part gave the sequence of events that led the setting up of the evaluation committee which made other far reaching recommendations for the development of ESUT.
It stated, "On April 11, 2018, the Enugu State government and ESUT, Enugu, on one hand and the Academic Staff Union of Universities, ESUT chapter, on the other hand, signed a Memorandum of Action, MoA, following the meeting between the state government/ ESUT management and ASUU- ESUT chapter to actress the demands made by the union for continuous industrial harmony in the institution.
"One of the resolutions made at the meeting was that government shall set up a Visitation Panel to look into the affairs of the university to enable government to be properly guided in taking decisions concerning the university.
"As government was about setting up the Visitation Panel, the Pro- Chancellor and Chairman of ESUT Governing Council, Most Rev. Prof Godfrey Onah appealed to the Visitor to the University
and Governor of Enugu State, Rt. Hon Lawrence Ifeanyi Ugwuanyi to allow the ESUT Governing Council to handle the matter and revert to him. The request was granted by the Visitor.
"Thus, during the 154th meeting of the Governing Council held on June 28 and 29, 2018, it constituted the Council Committee on ESUT Evaluation with the Pro - Chancellor himself as chairman. Three clear terms of reference were identified by the council to guide the committee as follows: The three main terms of reference were to:
"Identity sources of revenue, revenue management and expenditure pattern of the university;
"Look into the management issues which could help or hinder the growth of the university such as student and personnel management and;
"3. Make observations and recommendations that would improve the growth and development of the university based on findings."