UNB :
The University Grants Commission (UGC) may dissolve the Boards of Trustees (BOTs) of private universities if allegations of financial irregularities are substantiated, and appoint administrators to oversee the institutions’ operations.
Boards of Trustees (BOTs) of at least 20 to 30 private universities are facing serious allegations of money laundering, fund misappropriation and financial irregularities, UGC Member Professor Dr Mohammad Anwar Hossain told UNB in an interview.
“Where there are substantial allegations against the boards of private universities, we will consult with the government and if necessary appoint administrators to ensure proper governance. If more innovative or better ideas come from the government, we are open to that too—but whatever is done will follow legal procedures,” he said.
Asked about the nature of the allegations, Dr Anwar Hossain said the primary accusations involve money laundering, embezzlement of university funds, and various other irregularities.
When asked how the UGC is gathering such information, he said, “Data is coming from multiple sources—ACC (Anti-Corruption Commission), our own investigations, media reports, and also directly from some universities.”
The UGC has already formed separate committees to investigate the allegations against each of the universities in question.
“We’ve found serious irregularities in 20 to 30 universities. Committees have been formed to investigate them independently. Once the reports are ready, they will be sent to the Education Ministry for further action,” he said.
He said an investigation report on Southern University has already been submitted, and the UGC has recommended appointing an administrator there. “We’ve sent the recommendation to the government. Once it gives nod, an administrator will be appointed.”
Asked when the administrator might be appointed at Southern University, he said, “The process is underway.”
UGC may appoint administrators to private universities if graft allegations proven
