Sargodha University gets looted money back
Islamabad : The University of Sargodha received a cheque of Rs94.1 million recovered by the National Accountability Bureau (NAB), Lahore from private sub-campuses in a case undertaken by the anti-graft watchdog in October 2018.
The cheque of looted money was handed over to the Registrar, Sargodha University by the Director General NAB, Lahore on Thursday. Out of the total recovered amount, Rs59.3 million would be returned to the exploited students under the supervision of NAB officials.
On this occasion, DG-NAB said that an amount of Rs34.8 million was embezzled by the then administration of the University of Sargodha by misusing their powers and maladministration while the remaining amount was withdrawn from the pockets of innocent students studying in the sub-campuses established illegally by the ex-vice chancellor and his close aides.
The DG said that the ex-administration not only charged heavy fee from the students but also not awarded degrees and transcripts to them.
It may be remembered that NAB had taken ex-VC UoS, Dr Akram Chaudhry and the varsity’s former registrar along with the management of the Lahore and Mandi Bahauddin sub-campuses into custody in October 2018.
They were accused of establishing illegal sub-campuses, jeopardizing the future of students, making excessive admissions, issuing fake documents to the students including transcripts, NOCs and registration cards, committing financial embezzlement and causing a loss of millions of rupees to the public exchequer.
Dr Chaudhry is still under custody of NAB while his last bail petition has also been rejected by the Supreme Court. On the other hand, the imprisoned management of the illegal sub-campuses submitted in February 2019 a plea bargain applications before the NAB agreeing to return Rs110 million in the case.
The former director admin of the Lahore sub-campus, Dr Akram and Shafiq had agreed to return Rs9.2 million and Rs50.2 million respectively. While Waris Nadeem, ex-CEO of the Mandi Bahauddin sub-campus had also agreed to return Rs40.7 million.
The private campuses were illegally set up without fair and open competition process as Lahore and Mandi Bahauddin campuses were established even without obtaining the necessary approval from the Syndicate.
It is worth to mention here that the current Vice Chancellor of Sargodha University, Dr Ishtiaq Ahmad had exposed the unlawful constitution of the private sub-campuses before the court while the then Chief Justice had appreciated his work in acting against the powerful owners of the private sub-campuses.
-
Jake Humphrey Shares The Powerful Meaning Behind His Wrist Tattoo -
Matthew Lillard Weighs In On His Return To The 'Scream' Franchise After Decades Of Persistence -
Travis, Jason Kelce Share Blunt Dating Advice For Men: 'She's Gonna Hate You' -
Australia To Launch First High-speed Bullet Train After 50-years Delay -
Meghan Markle Turns To Desperate Bids & Her Kids Are Her ‘saving Grace’: Here’s What They’ll Do -
King Charles Gives A Nod To Sister Anne's Latest Royal Visit -
Christian Bale Shares Rare Views On Celebrity Culture Urging Fans Not To Meet Him In Person -
Ariana Grande To Skip Actor Awards Despite Major Nomination -
North Carolina Teen Accused Of Killing Sister, Injuring Brother In Deadly Attack -
Ryan Gosling Releases Witty 'Project Hail Mary' Ad With Sweet Reference To Eva Mendes -
Teyana Taylor Reveals What Lured Her Back To Music After Earning Fame In Acting Industry -
Prince William Shows He's Ready To Lead The Monarchy Amid Andrew Scandal -
Lux Pascal Gushes Over Role In Tom Ford's 'Cry To Heaven': 'I Just Wanted To Be Part Of This Picture' -
Near-blind Refugee Found Dead In Buffalo After Release By US Border Patrol -
Firm Steps In Forcing Andrew’s Hand: ‘Can No Longer Keep A Promise' -
Kenyan Man Accused Of Recruiting Men To Fight In Ukraine