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AAU team uncovers N2b tax fraud, racketeering, others

By Michael Egbejule, Benin City 
12 May 2023   |   3:18 am
Ambrose Alli University (AAU) Special Intervention Team, set up by Edo State Governor, Godwin Obaseki, to reposition the institution to meet global standards, has uncovered N2 billion tax fraud and other corrupt practices by the management and staff of the university.

Ambrose Alli University (AAU)

Ambrose Alli University (AAU) Special Intervention Team, set up by Edo State Governor, Godwin Obaseki, to reposition the institution to meet global standards, has uncovered N2 billion tax fraud and other corrupt practices by the management and staff of the university.
 


The team, headed by the Managing Director of Schlumberger Nigeria Ltd, Mr. Andrew Olotu, while presenting its interim report to the governor at Government House in Benin City, alleged massive certificate and transcript racketeering and other nefarious acts in the institution and called for urgent intervention of the government.
 
Presenting the report on behalf of other members of the team, Mr. Austin Osakue, noted: “Over N2 billion was owed the Edo State Government from the tax that was never paid to the state government. AAU receives more salaries compared to UNIBEN staff and they never paid taxes.
 
“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 and now able to collect N32 million in taxes for the state government.”

“One of the biggest problems in AAU is overhead spending on diesel. Following the bad electricity situation in Ekpoma, the staff of the institution are cashing in on the situation to steal money from the treasury.”
 
The team revealed 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.”

 

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