On Friday, July 14, 2017, Kogi State government announced that it had uncovered an N8.4 billion fraud at the Kogi State University.
Kingsley Fanwo, the Director-General, Media and Publicity to the state governor said that three suspects had been arrested in connection with the fraud.
He said that the fraud was discovered during the just concluded staff screening exercise. Fanwo said that the suspects had been handed over to the police for investigation and prosecution.
"The suspects perpetrated the fraud by including names of ghost workers into the payroll of the institution. The suspects work in the accounts department of the school and committed the fraud by stealing N100 million per month over a period of seven years, Fanwo said in a briefing.
He said that the fraud was discovered during the just concluded staff screening exercise. Fanwo said that the suspects had been handed over to the police for investigation and prosecution.
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