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Independent Corrupt Practices And Other Related Offences Commission (ICPC) Arraigns UNICAL Don for Alleged N20.6m Fraud

The Independent Corrupt Practices and Other Related Offences Commission has arraigned a Dean in the University of Calabar, Prof Francisca Bassey, for alleged involvement in a N20.6 million contract fraud.

Bassey, who is the Dean and Director of the Pre-Degree Programme of the university, was arraigned before the Cross River State High Court six, Calabar, by the commission for allegedly having private interests in multiple contracts awarded by the school to four companies owned by her.

The commission, in a 10-count filed before Justice Elias Abua, noted that the alleged crime occurred between 2013 and 2017, in violation of section 12 of the Corrupt Practices and Other Related Offences Act, 2000.

This was contained in a statement on Wednesday, by the ICPC spokesperson, Mrs Azuka Ogugua, titled, ‘ICPC docks University of Calabar don over N20.6m fraud.’

The charged sheet revealed that Bassey at different times benefited from a series of contracts totalling N20,679,324.63 awarded to Bakuf Ventures, Rivet Investment Nigeria Ltd., Joebas Enterprises and Arumo Nigeria Ltd.

It was found that contracts amounting to N7,819,916.24 was allegedly awarded to Bakuf Ventures on four occasions between 2013 and 2017 while other contracts worth N4.7 million were awarded to Rivet Investment Nigeria Ltd between 2013 and 2015 by the institution.

The dean further used two of her companies, Joebas Enterprises and Arumo Nigeria Ltd to commit multiple contract fraud.

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