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Madagascar: An administrative diverts 76,000 euro from the University funds




Madagascar: An administrative diverts 76,000 euro from the University funds
From January to November 2012, an administrative officer of the Faculty of Sciences of Antananarivo has embezzled a tidy sum of 224 million ariary (76,000 euro) of the funds of Ankatso University at Antananarivo.

The 62-year-old employee did not hesitate on the eve of his retirement to snatch scholarships, tuition and student rents. The secret was discovered in late November when the Malagasy Treasury inspection took over the accounts for regulatory control and found serious financial anomalies.
 
The investigation carried out within a few weeks resulted in unmasked fraud of the disgruntled administrative officer. The latter was arrested by police at his home and taken into provisional custody.



Antso Rajaona


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