N7.6bn project controversy: ICPC says TETFund boss in custody | I'm in office, says Echono (updated)

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The ICPC has detained Sonny Echono, executive secretary of the Tertiary Education Trust Fund (TETFund).

The Independent Corrupt Practices and Other Related Offences Commission says it has detained Sonny Echono, executive secretary of the Tertiary Education Trust Fund .

“The executive secretary of TETFund is here with us. He has been invited for questioning. He is still in custody. He was invited yesterday.” Bakare said. “I wasn’t detained by the ICPC. I’m currently in my office. One of our directors was invited by the ICPC to tender documents. But the official has since been released,” Echono said.how TETfund awarded two contracts to Fides Et Ratio Academy and Pole Global Marketing within two months at the cost of N3.8 billion respectively without the approval of the federal executive council , which is required for the contract size.

TETFund further said its disbursement guidelines were approved by the president on the recommendation of the “Fund’s Board of Trustees and concurrence of the Honourable Minister of Education in line with the TETFund Act 2011″., Echono said there was no form of irregularity in the N7.6 billion project.

 

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