Cross River Govt Probes Alleged Mismanagement of UNICROSS Assets by Former Council

 

The Cross River State Government has launched an investigation into the alleged irregular sale of assets belonging to the University of Cross River State (UNICROSS) by members of its former Governing Council. The inquiry follows multiple petitions accusing the council of disposing of university property without due process, in violation of the Public Procurement Act.

According to reports, between May and August 2024, nearly 400 items, including eight industrial generators and several vehicles, were allegedly auctioned off without public advertisement or competitive bidding. One of the assets sold was a 500KVA generator installed in 2015, along with a vehicle donated by the administration of former Governor Ben Ayade.

Concerns have been raised that many of these assets were acquired by members of the former Governing Council themselves, sparking allegations of conflict of interest and abuse of office.

In response to the controversy, the Special Adviser to the Governor on Asset Management and Recovery, Barr. Gilbert Agbor, has issued a directive on behalf of Governor Bassey Otu, demanding a full report on the transaction within seven working days. The report must include: A comprehensive list of all auctioned assets; Official approvals and Governing Council resolutions authorizing the sale

• Auctioning guidelines and public advertisements (if any); The list of buyers and entities who acquired the assets; and Proof of payment, receiving account details, total proceeds, and how the funds were managed.

Barr. Agbor stated, “The government is committed to transparency and accountability in public asset management. If these allegations are proven true, necessary steps will be taken to recover the assets and hold those responsible accountable.”

The alleged mismanagement has drawn widespread criticism from students, alumni, and concerned citizens, who have called for a thorough investigation and possible sanctions against those found guilty.

An alumnus of UNICROSS, who wished to remain anonymous, described the situation as “a betrayal of public trust,” adding that “such actions undermine the institution and deprive future students of essential resources.”

With pressure mounting, all eyes are now on the former Governing Council members, who are expected to respond to the allegations. The Cross River State Government has assured the public that it will pursue justice and ensure that public assets are properly managed.