The Economic and Financial Crimes Commission has launched into a probe of the cash inflow and outflow of the Joint Admissions and Matriculation Board between 2010 and 2016.Fifteen suspects have already been shortlisted for trial.
“The remittance of over N8billion by Oloyede to the Federal Government as revenue led to the Forensic Investigation of Financial Activities of JAMB between 2010 and 2016 by Faithpro Consulting Auditing Associate ,” it says. The report adds: “In Benue, out of the expected revenue of N124, 180,00 from e-facility cards, only N88,700,000 was remitted leaving a balance of N35.48million.
The story is similar in Edo State “where N26,400,000 is missing. Out of the expected revenue from e-facility cards of about N123, 933,000, only N97,533,000 was paid into the relevant account.” The document added: “Investigation revealed that Mr. Labaran Tanko was the JAMB State Coordinator of Lafia Office, Nasarawa State between 2011 and 2016.
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