A fresh allegation of missing N1.6 billion has been leveled against the sacked Bursar of Yaba College of Technology (YABATECH), Mr. Olusegun Ibirogba and six others.
The management of the college, in a statement by the spokesman, Mr. Charles Oni, said the affected officers are to account for missing funds said to have been allegedly stolen from the coffers of the college between 2008 and 2013.
The money, according to a Committee set up by the management to audit the College Student Account Section of the bursary, based on questions raised by Adebayo Arowolo and Co Auditing firm found that about N1,682,806,539 was unaccounted for within the period.
The Chairman of the investigation committee, Mr. Joseph Akeju, explained that Ibirogba and his cohorts – Charles Akhariya, Mrs. Onabanjo Olukorode, Azeez Ajewole, Michael Oyenola, Amu Foluke, Egbemi Chinwe and Florence Egbeni – jointly carted away both the software and hard copies of records of payment and other records from the Student Account Section of the bursary.