TETFund Raises Alarm over Activities of Fraudsters

Kuni Tyessi in Abuja

The Tertiary Education Trust Fund (TETFund), has raised alarm over the activities of fraudsters that had been impersonating it.

The TETFund said that it has been witnessing myriads of fraudulent attempts and malicious allegations over its non-compromising stand against by some unscrupulous individuals and groups.

It said: “The TETFund has in recent times witnessed a surge in the activities of fraudulent individuals and groups who devise all sorts of means to defraud stakeholders and unsuspecting members of the public in the name of the Fund.”

A statement that was issued yesterday by the Acting Director, Public Affairs, TETFund, Mr. Abdulmumin Oniyangi, on behalf of the Executive Secretary, said that “prevalent is the attempt by certain individuals and groups to malign the leadership of the TETFund and disrupt its activities over its management’s determination not to succumb to frivolous requests which are grossly in violation of the agency’s mandate.

“These spurious and unfounded allegations, which came up barely four months after the assumption of office of the executive secretary were addressed by the TETFund in a press release titled ‘Corruption Fights Back as Echono Implements Sweeping Reforms’ issued on July 22, 2022.

“Suffice to say that the allegations were not only proved to be lacking in merit, but discovered to have been sponsored by self-seeking individuals/groups who felt aggrieved at the sweeping reforms introduced to eliminate corruption and promote accountability at the TETFund.

“Despite addressing Sahara Reporters’ unfounded publication, certain individuals/groups who have sought all forms of unholy sponsorship, support and patronage from the TETFund, but denied, have continued to come up under different guises, alleging corruption at the TETFund, ‘copying and pasting’ same spurious information contained in Sahara Reporters’ publication.

“Forgery of Special Intervention Approval Letters:TETFund has received reports of fake Special Intervention Approval Letters which are presented to heads of beneficiary institutions by fraudulent individuals who claim to represent the interest of the TETFund.

“Heads of institutions have been cautioned to beware of this practice and verify all transactions directly from TETFund. Security agencies have also been informed and some arrests were made including an ongoing prosecution.”