ADSU staff sell new N13m Land Cruiser for N150,000, land in EFCC net

Officials of the Economic and Financial Crimes Commission (EFCC) have arrested top officials of the Adamawa State University (ADSU), Mubi, for selling government-owned Toyota Land Cruiser worth N13 million for N150,000.

According to the EFCC spokesman, Wilson Uwujaren, who was quoted in a Premium Times report, the ADSU Vice Chancellor, Shall David Joshua, and Bursar, K.E. Anjili, were among those arrested.

They were accused of selling the brand new vehicle just 7 days after it was bought at an unbelievably low price.

“Our operatives in Yola, Adamawa State today arrested top officials of the Adamawa State University for questioning over the sale of a brand new Toyota Land Cruiser jeep as scrap to the former FRSC boss, Haladu Hananiya," Uwujaren said.

A former Corps Marshal of the Federal Road Safety Commission (FRSC) who was also the Chairman of the university’s Governing Council, Haladu Hananiya, purchased the car at the scrap value of N150,000.

Interestingly, Hananiya and the council members were sacked only two months after his appointment on the 16th of August 2014, but the university bought the car on the 28th of January, 2015, about four months after.

Legal Corruption?

It would be arguable that the transaction that transpired over the vehicle is legal, considering that it had official backing as was noted in a petition sent to the EFCC.

The petition stated that the university’s management had, prior to Hananiya’s appointment, had passed a resolution allowing principal officers to pay scrap values of N150,000 and retain official vehicles.

“Principal officers are entitled to retain their official vehicles once during their tenures after paying the scrap value of N150, 000; and if for any reason an officer leaves office after spending two years or half of the tenure, he shall pay the scrap value of N150, 000," a part of the resolution quoted by Premium Times read.

Established in 2002, ADSU is located in Mubi, one of the areas most hit by the Boko Haram insurgency.