EXCLUSIVE: TETfund Boss, Bichi Baffa Allegedly Siphons N3.5b NUC Fund
The Executive Secretary of the Tertiary Education Trust Fund (TETFund), Dr. Abdullahi Bichi Baffa has been accused of failing to account for a whopping N3,394,996,636.62 and N100,000,000.00, ElombahNews has been informed.
Trouble started when the Honourable Minister for Education, Mallam Adamu Adamu wrote Dr. Bichi Baffa asking him to release the above-stated sum to the Nigerian Universities Commission [NUC] for 12 new Federal Universities.
The money, according to the Minister, is “to facilitate settlement of approved valuation certificates and for administrative expenses/bank charges respectively”.
See copy of the letter below:
To the utter chagrin of the Minister, his directive was ignored, which immediately sparked suspicion in some quarters about the existence of the money which was lodged in TETFund domain.
This medium was reliably informed that following the failure of Baffa to release the requested sum, universities in Gombe, Ebonyi, Taraba etc. have lost accreditation for the 2017/2018 academic session on some courses.
At that point, the George Uboh Whistleblowers Network (GUWN) got wimp of the situation with the help of a whistleblower and waded in.
GUWN Chairman, Dr. George Uboh, in a letter dated Friday, August 24, 2018, wrote the Honorable Minister of Education, Mallam Adamu requesting him to “direct TETFund to release N3,394,996,636:62 and N100,000,000:00 to NUC for 12 new Federal Universities which he approved via a July 24, 2018 letter within 7 days”.
The letter reads in part:
“We have been inundated with complaints regarding the TETFund executive secretary’s refusal to obey your July 24, 2018 letter approving and directing him to release the sums of N3,394,996,636:62 and N100,000,000:00 to N.U.C for 12 new Federal Universities.
“This failure has led universities in Gombe, Ebonyi, Taraba etc. to lose accreditation for the 2017/2018 academic session on some courses, among other injuries flowing therefrom which grossly negate public interest.
“We are aware that the executive secretary was once your staff, hence his subsequent appointment under your ministry reeks of nepotism which in itself is corruption.
“However, such corruption is compounded when you cannot call him to order and in effect our institutions are severely affected in losing accreditation thereby eroding public’s confidence in our institutions.
“We request that you direct the executive secretary of TETFund to, within Seven (7) days from the date of receipt of this letter, release the aforementioned funds.
“Failure to grant this request would leave us no choice but to treat this matter as a case of corruption in which case we will officially blow the whistle to the appropriate authorities including court action.”
The foremost whistleblower also forwarded a similar letter to the TETFund Executive Secretary, Dr. Abdullahi Bichi Baffa.
It is worthy of note that till date, the TETFund Executive Secretary is yet to comply with Adamu’s directive or give proper account of the whereabouts of the said sum.
Therefore, GUWN wrote a follow-up letter addressed to the Honorable Minister of Education, which was again copied to the TETFund boss.
GUWN alleged that the N3,394,996,636.62 and N100,000,000 has been siphoned by the Education Minister and TETFund Executive Secretary hence the repeated failure to release the necessary sum to facilitate the course of education.
GUWN chairman, Dr. Uboh dared the duo to prove him wrong by releasing the money, failure of which will be followed by a petition the presidency and/or law enforcement agencies for proper action.
The allegation reads:
“After our Friday, August 24, 2018 letters to the HM Education and ES TETFund in which we asked both to release the aforementioned funds in light of the immense public interest and prejudices of loss of accreditation in some universities, we understand the minister convened another meeting and followed up with another letter to the ES TETFund.
“[This] did not yield any result insofar as the funds are still not released (we have the letters HM wrote ES).
“We have concluded that these funds were not released because you have siphoned the funds hence we are alleging same in our petitions to the Presidency and the requisite law enforcement agencies.
“You may prove us wrong by releasing the funds.”
See attached documents showing three-way correspondences between GUWN, Minister of Education and TETFund Executive Secretary: