Lawyer urges ICPC to arrest officials behind N71.2b student loan fraud

Lawyer and activist Deji Adeyanju has urged the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to stop acting powerless against looters in power and arrest government officials behind the missing N71.2billion Nigeria Education Loan Fund (NELFUND).

Reacting to the development on Thursday in Abuja, Adeyanju said he is deeply disappointed and alarmed by the recent revelations of a N71.2 billion discrepancy in the disbursement of student loans under NELFUND.

He noted: “At a time when millions of Nigerian students struggle to afford quality education, the alleged mismanagement of such a critical fund is not only unacceptable but also a gross betrayal of public trust and the hopes of young people across the country.

“I commend the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for swiftly launching an investigation into this matter. The steps taken so far are commendable and must continue until the truth is fully uncovered.

“I urge the ICPC to leave no stone unturned in identifying all individuals or institutions involved in this shameful act.

“Those found culpable must be prosecuted and made to face the full weight of the law. It is only through decisive action and justice that we can restore public confidence in the student loan scheme and ensure such a disgraceful breach never happens again.”

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