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IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work - Education - Nairaland

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IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by grandiose4ever: 10:20am On May 18, 2019
ALL is not well in the IT Department of Covenant University, Otta, Sentry can authoritatively report. A guru in information technology (IT) attached to that department is in the police net after he was found to have devised a means by which he diverted funds meant for the university into his private pocket. By the time the university woke up to his antics, he had succeeded in siphoning a whopping N180 million!

Before the bubble burst, not a few people were said to have wondered how the loved and trusted official was managing to get the funds with which he maintained a lifestyle the Chancellor of the university and Presiding Bishop of Living Faith Church Worldwide, Bishop David Oyedepo, would call “riotous living.” He was said to have bought some flashy cars which he kept in a mansion he bought with stolen funds in highbrow Lekki part of Lagos, even though he had a house in the school where he lived with his wife.

Every Friday, he would cruise with his wife to the posh house in Lekki to enjoy the weekend. But what really gave him away was the habit of flying back to his duty post in Otta in a chopper that landed at the premises of The Bells University, which is only a stone’s throw from Covenant University.

Tongues began to wag from onlookers who started to wonder who the big boy could be. Word about his lifestyle soon got to the authorities of Covenant University who decided to put him under surveillance and realised that he had stolen the university’s money amounting to more than N180 million. The funds were mainly school fees paid by students. The fees were paid into the accounts of the university in designated banks but the disingenuous inventor found a means of diverting the money into his private account. The discovery alarmed the authorities of the school. Oyedepo, sources said, was flabbergasted.

The IT guru was promptly reported to the police, who arrested him. Covenant University authorities expected the police to fast track his prosecution but that was not forthcoming. Words got to the university that the suspected fraudster was greasing the palms of the police. Again alarmed by the development, the authorities sidelined the police and handed the suspect to the Economic and Financial Crimes Commission (EFCC).

Upon interrogation, the suspect admitted stealing the said sum and even agreed to refund N56 million in cash immediately. Sentry will keep you posted on further developments....

https://thenationonlineng.net/n180m-fraud-rocks-covenant-university/

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Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by Bizmagnet: 10:21am On May 18, 2019
Just imagine! People don't even fear God anymore. Greed will only encourage you to sit on false throne. By the time you realize, all you have achieved in life disappears and your name gets tainted. Who told him he cannot realized 200M in less than 10 years to come?

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45 Likes 4 Shares

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by KevMitnick: 10:33am On May 18, 2019
Foolish Amateur, Rookie, Green Horn...Smh. Ever heard of laying low to avoid heat

167 Likes 3 Shares

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by HigherEd: 10:39am On May 18, 2019
Both the school management and the thief are unwell. How does a staff siphon N180 million and you don't even know until you saw he was living larger than what he earns? Meaning he could have carted away with N1 billion and you won't even know...

They better get PwC or KPMG to audit their earnings and expenditure.

122 Likes 8 Shares

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by christejames(m): 10:42am On May 18, 2019
Like they say "99 days for the thief just one day is for the owner". His cup is filled and overflowing, he should enjoy the dance of 'surugede' (macabre dance)which he played for himself...


#followNPFL

16 Likes

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by daddytime(m): 10:49am On May 18, 2019
He should have just laid low and continued the vicious cycle of collecting with the right hand and giving his 10% with his left hand or vice versa..

God would have still continued to grant him blessings which are pressed down, shaken together and running over because of his hand work and good deeds in sowing into the gospel..abi no be so dem talk?

If na private/public concern the guy thief from come dey form faithful tither nobody for know or query him lifestyle. ..they would have looked the other way and continue to use him as a point of reference in threatening those who are struggling to survive.

Whatever goes around surely doth make a round back...

48 Likes 3 Shares

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by essenceplus: 10:49am On May 18, 2019
Bizmagnet:
Just imagine! People don't even fear God anymore. Greed will only encourage you to sit on false throne. By the time you realize, all you have achieved in life disappears and your name gets tainted. Who told he cannot realized 200M in less than 10 years to come?

In need of website, blog or software to give your business, passion and ideas a quantum leap? Contact me today through signature to get the best and the affordable.


Who told him he can't make 200m in ten tears is deep brother. Words of the sage. Well done sir

10 Likes 1 Share

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by grandiose4ever: 11:00am On May 18, 2019
It is very possible that sort of fraud happens. If it's from IT dept, the uni won't know quickly. Covenant's school fees is not exactly flat, so the university can only predict it's income. For instance, a particular class may have some students paying 853k, another student paying 830k, another 825k - most parent never check the breakdown as CU never really offers a breakdown.

My roommie who was also my coursemate always had close to 70,000 more to pay than myself every year. I drew his attention to it, but he and his parents were unperturbed so I left the issue.

The variation in fees come from, maybe additional services requested by students who told the uni to charge it to their subsequent fees.

The IT dept would be the one to gather all charges incurred in other places and aggregate it with school fees. So a smart IT person can just add 5k to the school fees of everybody and even the VC won't know.
But I believe someone at DFS must have colluded with him to make this successful..

81 Likes 6 Shares

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by XD3G: 11:07am On May 18, 2019
Goodness me!!!

An Employee flying a Chopper, not hired by his Employer, back to vicinity of his base!!!

Dumb, dumb guy.

96 Likes 2 Shares

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by grandiose4ever: 11:11am On May 18, 2019
XD3G:
Goodness me!!!

An Employee flying a Chopper, not hired by his Employer, back to vicinity of his base!!!

Dumb, dumb guy.
He dey rent chopper when even the VC no dey use chopper. Eleribu somebody...

Once heard of how a gateman with CBN colluded with other CBN staff to divert currency notes meant to be incinerated. Every body took their various share and only burnt half of the retired notes while gateman got his own share.
A week later the bastard gateman went to buy a Gwagon grin The authorities didn't even ask questions they just arrested him, and from there he led them to the rest.

158 Likes 16 Shares

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by Rhaspody(m): 11:17am On May 18, 2019
I smell crayfish
Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by Nukilia: 1:47pm On May 18, 2019
This is unbelievable! grin grin cheesy

What a country! grin grin grin

4 Likes

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by chukzyfcbb: 1:56pm On May 18, 2019
Assuming he stole 200m and invested all into the money market, even if he pleads guilty and returns the whole 200m blaming the devil.

Baba will be cooling off with nothing less than 25m naira gain, no sweat.

32 Likes 1 Share

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by Olalan(m): 2:08pm On May 18, 2019
How some persons live a luxurious life way above their salary in the full knowledge of their employers baffles me

27 Likes

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by Nobody: 2:15pm On May 18, 2019
grandiose4ever:
...He was said to have bought some flashy cars which he kept in a mansion he bought with stolen funds in highbrow Lekki part of Lagos, even though he had a house in the school where he lived with his wife.

Every Friday, he would cruise with his wife to the posh house in Lekki to enjoy the weekend. But what really gave him away was the habit of flying back to his duty post in Otta in a chopper that landed at the premises of The Bells University, which is only a stone’s throw from Covenant University....
HAHAHAHAHAHAHAHAHA. Please, please, please (3X), abeg my stomach. Strong men dey sha

8 Likes 1 Share

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by wonlasewonimi: 2:16pm On May 18, 2019
Ole gbe ole gba
Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by 1899Milan: 2:17pm On May 18, 2019
You can't steal from the "house of God" and go scott free naa grin . . . . condolences to his partner from finance that he has used his "lao lao" to implicate.

3 Likes

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by Hotworta1: 2:21pm On May 18, 2019
HigherEd:
Both the school management and the thief are unwell. How does a staff siphon N180 million and you don't even know until you saw he was living larger than what he earns? Meaning he could have carted away with N1 billion and you won't even know...

They better get PwC or KPMG to audit their earnings and expenditure.

As in ehnn angry

I was livid reading the whole "nonsense". I am very sure there's a smarter thief in their midst but they don't know.

17 Likes

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by MyGeneration(m): 2:26pm On May 18, 2019
The university get money sha.

Imagine someone stealing 180million naira and they didnt even notice

21 Likes

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by SpoiltVirgin: 2:35pm On May 18, 2019
Nigerian police want their own share

3 Likes

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by genkins(m): 2:56pm On May 18, 2019
The white coated bishop could not see vision that someone was stealing from his school?
Oh I forgot,hes just a business man

21 Likes 1 Share

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by Firgemachar: 3:24pm On May 18, 2019
Chai
Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by sexiestharam(f): 3:24pm On May 18, 2019
Flying with a chopper to the school? What a foolish thief! tongue

21 Likes 1 Share

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by ironheart(m): 3:25pm On May 18, 2019
Africans, steal money n will only think of spending. No investment. If he had started an IT company. He would have escaped the prowling eyes. Must you fly chopper?

24 Likes

Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by SeeMeForLAPTOP: 3:25pm On May 18, 2019
H
Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by BabyApple(m): 3:25pm On May 18, 2019
Hmmm
Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by tstx(m): 3:26pm On May 18, 2019
Hehe
Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by MyVILLAGEpeople(m): 3:26pm On May 18, 2019
grin grin
Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by noblealuu: 3:26pm On May 18, 2019
Hmmm
Re: IT Staff Defrauds Covenant University Of N180 Million, Rides Chopper To Work by AllenSpencer: 3:27pm On May 18, 2019
Smart guy

Are they looking for another IT staff? Am available

11 Likes

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