The Rector of Yaba College of Technology (YABATECH), Dr. Kudirat Ladipo, has denied allegations of misappropriation and mismanagement of security funds approved for the institution.
Dr. Ladipo, who made the denial in a statement signed by Mr. Charles Oni, stated that her administration invested a lot in the security of the institution and does not owe any staff any money.
It will be recalled that a group known as the Save Nigerian Wealth (SNW) last week, called on President Muhammadu Buhari to investigate the N5 million monthly security vote approved by the Yabatech’s governing council for the office of the rector.
The rector said that the incursion of dangerous cult groups such as the Igbobi boys, Fadeyi boys, and Mushin boys had forced the College to buy patrol vehicles, kit the security agents within the school and also embrace schemes that focus the students on their studies among others.
She challenged the group to produce proof that she was embezzling money or forever hold their peace.