Tuesday, August 9, 2022
HomeUncategorizedTETFund raises alarm over attempts to defraud students, institutions

TETFund raises alarm over attempts to defraud students, institutions

By Godfrey AKON

The Tertiary Education Trust Fund, TETFund, has raised an alarm over activities of faceless individuals disguised as agents of the fund to defraud unsuspecting members of the public.

The fund, in a statement by its Acting Director of Public Affairs, Mr. Abdulmumin Oniyangi, on Tuesday, dissociated itself from activities of the individuals and groups.

The statement advised stakeholders, including students of tertiary educational institutions in Nigeria and the public to be wary of activities of these fraudsters who come under various guises in the name of TETFund to defraud Nigerians.

According to Oniyangi, methods adopted by the fraudsters include: fraudulent claims of payment of grants to Nigerian students, fraudulent claims of recruitment, and forgery of special intervention approval letters addressed to heads of beneficiary institutions, among others.

On fraudulent claims of payment of grants to Nigerian students, he warned that this information is usually circulated on social media platforms with a link that directs victims to a fraudulent website.

“While our mandate includes the rehabilitation, restoration and consolidation of tertiary education in Nigeria, we wish to state categorically that contrary to the claims of these fraudsters, it does not include provision of grants to Nigerian students.

“We also implore our Beneficiary Institutions to explore all channels of communication extended to them to verify any claim by individuals or groups under the guise of soliciting for projects on their behalf at TETFund.

The fund therefore referred members of the public to its website: www.tetfund.gov.ng for clarification on its activities.

“The Management of Tertiary Education Trust Fund (TETFund) wishes to draw the attention of its stakeholders and the public at large to the fraudulent activities of some faceless individuals operating under different guises in the name of the Fund to defraud unsuspecting members of the public.

“The fraudulent methods currently being adopted by these individuals include but are not limited to: Fraudulent Claims of Payment of Grants to Nigerian Students. This is usually circulated on social media platforms with a link that directs victims to a fraudulent website.
Fraudulent Claims of Recruitment.
Forgery of Special Intervention Approval Letters addressed to Heads of Beneficiary Institutions.

“While our mandate includes the rehabilitation, restoration and consolidation of tertiary education in Nigeria, we wish to state categorically that contrary to the claims of these fraudsters, it does not include provision of grants to Nigerian students.

“We also implore our Beneficiary Institutions to explore all channels of communication extended to them to verify any claim by individuals or groups under the guise of soliciting for projects on their behalf at TETFund.

“The Fund, therefore, disassociates itself from the activities of these individuals and groups and advise stakeholders, including students of tertiary educational institutions in Nigeria and indeed the public to be wary of the activities of these fraudsters who come under various guises in the name of TETFund to defraud Nigerians,” the statement read.

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