OAU: "N5,000 USED FOR THE BENEFITS OF NUASITES", SAYS ACCOUNTING PRESIDENT

 

The President of the Nigerian Universities  of Accounting Students, John Akpan has disclosed to Journalists that he never embezzled any money from the account  of the department  as against what the students representatives council of the department.

The President who was ordered to be relieved of duties by the ASRC has said that  the N5000 he was alleged to  have misappropriated was added to the money to make the white board in ICAN lecture where the parliamentary  sittings took place. He claimed that what transpired in the  house on Friday  was personal vendetta that the speaker and few honourables  have against  his person and administration. He was quoted saying  "it was not a situation of fraud but but was used for the essence of meeting the needs of the association", the President said.

Also speaking to journalists  was the General Secretary of the association  who said "the EC  had loopholes likewise the SRC but the SRC capitalized on  the loopholes of EC,  it is a question that boils down to  law and morality".

Also, the chairman of the investigating committee, How.  Ajilore Ayo was quoted saying "the speaker  boycotted some part of the constitution and the ordered he gave was never in line with what the constitution  provided", he said.