Thursday, 31 August 2017

UNICAL PGSG President, Bassey Williams caught in a N1.7m Corruption scandal

Report reaching TDN has it that the President of the Post-Graduate Students Government (PGSG) of the University of Calabar, Calabar (UNICAL), Comr. Bassey Williams has allegedly embezzled the Association’s funds which amounts to the tune of N1.7million.

Bassey’s government which is barely two months old just after the University management recalled the two years suspended Association owing to similar reasons has been caught in the web of financial scandal bordering on misappropriation and embezzlement at various fronts. 

Reports has it that Bassey, after withdrawing the sum of N1.7m from the Union’s account with Heritage bank as take off grant, lied to the dean students affairs, Professor Felix Akpan and other members of the executives council that he withdrew N1.2m concealing the sum of N500,000 to himself, the Financial Secretary Solomon Matthew and Treasurer Catherine Agbor.

Don't Fail to be part of this life changing event as
God has decided to visit His people. Indeed THIS IS YOUR TIME

The N500, 000 was shared amongst the trio with a sharing formula of President N200, 000; Financial Secretary N150, 000 and Treasurer N150, 000. However, but the Treasurer is denying to be part of the N500, 000.  If this is true then it means Bassey must have withdrawn the excess N500,000 behind the Treasurer after withdrawing the initial planned N1,200,000m as take off grant.

As for the N1. 2 million withdrawals for 'take-off grant', the dispensing across board goes thus TDN has learnt that:
*President Bassey Williams: N100,000; and N120,000 for repairs of father's car he barged. 
*Vice President Nkpong Otong: N70,000
*Secretary Levi David O.: N65,000
*Fin. Secretary Solomon Matthew N50,000
*Treasurer Catherine Agbor: N50,000
*Deputy Secretary General Affiong Iyibio: N55,000
*Director of Welfare Eugene Onor: N50,000
*Public Relations Officer Chianebeng Japhet Kuma: N50,000
*Director of Socials Ime I.: N50,000
*Provost Orok Abasierem Ita-Abasi: no information 
*Senate of PGSG, UNICAL: N160,000
(15 Senators got N10,000 and Senate President, N20, 000).
*Debt (for 2nd August inauguration): N140,000.
Totaling: N960,000 with N240,000 outstanding. 

Information reaching us has it that Dean of Students Affairs Prof. Akpan has waded into the development particularly demanding that the trio of President, Financial Secretary and Treasurer return their alleged loot. Albeit, our source has it that the Dean is exonerating the Financial Secretary for allegedly turning over his loot, while the President who is yet to is presently sourcing for funds. On her part, the Treasurer is still insisting that she didn't collect the sum of N150,000 from the N500,000 for which the Dean has promised to suspend her. Our correspondent further learnt that the duo of President and Financial Secretary decided to rope in the Treasurer on the basis of her alleged refusal to collude in withdrawing additional N1,000,000 (after the first withdrawal of N1,200,000) for oil-bunkering venture anticipated to rake in N250,000 gain weekly. TDN is yet to independently confirm majority of the information here.

The Samuel Uket N.-Led Senate will be seating today Thursday at the Common Lodge of PGSG (Ali Mungono Republik) over the scandal having summoned some affected EXCO officers. The president, financial secretary and treasurer have been confirmed to be summoned. 

Source: NegriodHaven