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Nigeria's anti-corruption agency investigates $100M education fund, finding $71M unaccounted for.
Nigeria's anti-corruption body, the ICPC, is investigating discrepancies in the Nigeria Education Loan Fund (NELFUND), where only N28.8 billion of a N100 billion allocation was disbursed, leaving N71.2 billion unaccounted for.
The probe follows reports that 51 universities made unauthorized deductions from student fees.
The ICPC has invited key officials, including those from the Central Bank of Nigeria, to explain the discrepancies and ensure funds are properly allocated.
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La agencia anticorrupción de Nigeria investiga el fondo de educación de $ 100M, encontrando $ 71M no contabilizados.