The Ugborikoko Class of 2000 Old Students Association has activated every machinery in place for the suspension of its President, Mr. Peterson Ebialade Okpomu and the recovery of the association’s Nine hundred and fourteen thousand naira (#914,000.00) allegedly diverted.
According to findings by the Disciplinary Committee report dated December 2, 2025, the funds were raised for charity projects and infrastructural support for their former secondary school, aimed at complementing government efforts.
The committee found Mr. Okpomu guilty of fraudulent conversion of funds, abuse of office, and breach of trust.
The report stated that Mr. Okpemu unlawfully retained the association’s cheque book and misled the Treasurer, Ms. Oke Dick Kandy, into signing blank cheques under the pretext that they were documents for alumni business. The cheques were later used to withdraw the funds for personal use.
At a virtual hearing held on November 30, 2025, Mr. Okpomu reportedly admitted the allegations, explaining that he used the money for a personal business venture that failed. He also acknowledged that he should not have had custody of the cheque book.
Although he agreed to refund the money, the committee noted that Mr. Okpomu reneged on multiple repayment deadlines, including November 29 and two other earlier agreed dates. The final deadline for restitution has been fixed for December 15, 2025, failing which legal action will be initiated.
Mr. Okpomu, a former Senior Prefect of the Set 2000 cohort, has been recommended for immediate removal from office, a lifetime ban from holding any position in the association, and full restitution. Members have expressed deep dissatisfaction, describing the incident as a betrayal of trust.
When contacted by leaptvnews.com , via phone call, Mr Okpomu agreed that he diverted the association’s money for personal use due to economic hardship but appealed for time to pay up in three instalments.
