Newsexpress banner Camano banner
N109.9m scandal rocks National Orthopaedic Hospital Staff Co-operative in Enugu

By Charles Iwuoha, Enugu on 30/04/2018

Views: 1,192

A total of N109.9 million deposited by staffers of the National Orthopaedic Hospital, Enugu, in a business venture by its cooperative, ‘National Orthopaedic Hospital, Enugu Staff Co-operative Thrift and Loans Society limited (NOHESCT&LS Ltd)’, have been embezzled or misappropriated by those elected to oversee its affairs.

Investigations by News Express revealed that since the election of the current executive in July 9th 2015, under a special general meeting (SGM) led by Engr. Philip Ugwuonah and Uchenna Odo, President and secretary respectively, they have been saddled with the task of recovering the missing fund.

Determined to unravel how the monies belonging to the Society went down the drain, the entire members of the Co-operative decided to audit its account as managed by the past executive members from 2011 to 2015 in its inaugural general meeting held on the 19th day of August 2015.

It was gathered that upon the decision of the congress that one Mr. Basil Udeh and the Auditing firm of “Full Length Consult” was appointed to audit the internal operation of the cooperative and banking transaction of the business venture respectively through the state director cooperative society in accordance with the law.                       

At the conclusion of the internal operations audit, the External Auditor uncovered fraud and misappropriation of the sum of N107,933,082 by past executive of the cooperative.

According to the audit report of the banking operations of the Cooperative accounts, in Stanbic IBTC and Skye banks, a copy News Express obtained, shows that the past executive members in their tenure collaborated with the banks to defraud the Cooperative Society to the sum of N64,049,688.12 and N30,576,415.96 respectively; totaling N94,626,104.

Further investigation revealed that 213 plots of land purchased under the immediate past executives, which were handled by a land committee, one Ezeokoli Felix and Ekpa Chukwuma Ekpoto, chairman and secretary respectively was inconclusive.

The activities of the committee were said to have been uncovered with irregularities as no member of the Cooperative Society who was a beneficiary could access his/her plot of land from 2012 when it was purchased till date.

“Upon the audit report and irregularities in the management of the 213 plots of land by the committee, Independent Corrupt Practices and Other Related Offences Commission (ICPC), was invited by the present administration upon approval by the general house to investigate and sanitise the system.

“However, through the intervention of ICPC, the Society has recovered the said land from the vendor, registered same in the name of the Cooperative Society as No. 78 page 78 in volume 1695 Deed Registry Enugu.”

Also, through the help of ICPC, N10 million is currently being recovered from the said land committee, which they are paying one million Naira every month as they have agreed but without prosecution. “This N10 million was discovered as money misappropriated by the committee through its report captioned “report of land committee of Staff Co-operative, Thrift and Loan Society National Orthopaedic Hospital Enugu”.

The Cooperative Society reported the embezzlement and misappropriation of N109.9 million by the former executive and trustees to the Economic and Financial Crimes Commission (EFCC) in a petition dated 10th of August 2017 and signed Barr. Emeka Abah, counsel to the Thrift Society.

The staff who were former trustees of the cooperative society are Etukodo Ibanga, President; Ochi Godwin, Vice President; Ilo Nkechi, Secretary, Aguoha Chinwe, Treasurer and Asuquo Tom Emmanuel, Financial Secretary.

According to Abah of the Emmanuel Chambers, New Haven, Enugu, the above mentioned staff who were their trustees, allegedly misappropriated the sum of one hundred and seven million, nine hundred and thirty-three thousand, eighty two naira, N107,933,082.00 while in office and want EFCC to investigate them with the aim of recovering the said loot.

In the letter captioned, “Petition for fraud, misappropriation, and embezzlement of N107,933,082.00 (one hundred and seven million, nine hundred and thirty three thousand, eight two Naira) executives of National Orthopaedic Hospital Enugu Cooperative, Thrift and Loan Society, Enugu,” written to the Zonal Head, EFCC, South-East Zonal office, Enugu, the society wants a thorough investigation of the said staff.

“That the said trustees fraudulently managed their affair during their tenure in office, withdrawing money(s) via cheques and such money(s) withdrawn were higher than the amount written in the cheque stubs;

“Some cheques were written and turn out of the cheque booklets but were not found in the statement of account of the cooperative society; the sum of N5,513,520, five million, five hundred and thirteen thousand, five hundred and twenty Naira only, were padded in the course of the above exercise.”

In order to get to the root of the matter, the organisation urged the EFCC to do justice to the allegation.

“We, therefore, urge you to use your good office to investigate the aforementioned and or former trustees for the alleged offences stated herein,” the petition reads.

When contacted for their reaction on the allegation, the former President, Etukodo Ibanga, said the matter has been taken to court, and as such, cannot make any comment.

Source News Express

Posted 30/04/2018 04:18:12 AM





You may also like...
Lauretta Onochie not fit to be Presidential Aide,...

Court halts sack of 21,780 Kaduna teachers

Presidency alerts on fake Facebook accounts, job vacancies...

Weak participation at local government level a danger...

Defence Chiefs parley on new regional initiative to...

Governor warns against violence as Ogun elects local...

Gbaramatu women protest against alleged army invasion

Boko Haram changes tactics

Shoprite shareholders reject pay policy

All set for IFMA Award Dinner in Lagos...

Osinbajo clears the air on how he became...

Before APC makes mistake in Anambra State, By...


Latest News Video of Buhari running in Saudi Arabia breaks the net Tribunal: NEC disowns presidential candidate Why it’s difficult to arrest, prosecute vote buyers — ICPC Man, 52, in police trouble for attempting to swindle Ogun CP Alleged defamation: Atiku demands public apology from Presidential aide Bodies of twins found in river 5 die in Honduras plane crash I am ‘emotionally indebted’ to Ganduje, Emir of Kano – Shettima Police kill suspected kidnapper of UBEC Chairman Falana writes Buhari, demands release of 40 Nigerians illegally detained by Nigerian Navy Assets Recovery: New Bauchi Assembly bill against people’s interest – CSOs Coaches salaries: Why sponsors are withholding funds – NFF


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (480,187 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (419,457 views) Shameless Genevieve Nnaji exposes breasts in public (357,919 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (306,012 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (270,342 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (241,321 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (229,217 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (210,947 views) 10 cars more expensive than Jets (202,230 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (200,217 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (181,297 views) Lagos plane crash: Journalist releases victims’ names (181,232 views)


UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (91) Business & Economy (4,266) Business Verdict (71) Columnists (1,031) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (613) Features (752) Global Business Monitor (362) ICT Monitor (43) International (3,460) Interview (179) Live Commentary (29) Love Matters (161) Maggie's Blog (268) News (46,309) Opinion (1,242) Pidgin (17) Politics (10,796) Religion (1,002) Sports (2,007) Stock Watch (39) AMA & Al Jazeera Global Update






APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera