Home Education Court convicts a former polytechnic Rector over #1.1m fraud in Enugu

Court convicts a former polytechnic Rector over #1.1m fraud in Enugu

by Mustapha Olamide
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A Federal supreme court sitting in Enugu has convicted a former Rector of Enugu Coal City Polytechnic, Dr Isidore Nwankwo.

The Economic and Financial Crimes Commission had in April 2019 arrested Nwankwo for allegedly obtaining N1,153,700.00 from students under false pretences.

He was subsequently arraigned on six counts bordering on conspiracy and obtaining money under false pretences before Justice N. I. Buba of Federal supreme court .

Delivering judgment on Thursday, Justice Buba declared that the prosecution counsel proved his case against the defendant beyond reasonable doubts and sentenced Nwankwo to at least one year imprisonment.

The court further ordered him to form restitution of the sum to the affected students which it must be paid between the date of judgment and March 2021.

EFCC said during a statement that one Eze and 19 other students had petitioned the Enugu Zonal Office of the commission, alleging that they were deceived into believing that the polytechnic was partly owned by the Enugu government and accredited by the acceptable authorities.

“Based thereon conviction, they paid sums of N5,000 for admission form, N10,000 for acceptance fee and N35,000 for first semester school fees, before discovering that it had been an illegal institution,” the statement added.

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