University of Rwanda loses billions in poor accounting
Procession of lecturers during a graduation at the University of Rwanda. Many of the colleges that merged are accused of financial misappropriation. PHOTO | FILE
Three years after government merged former public universities and colleges into one institution called University of Rwanda, cases of serious financial mismanagement continue to come up.
The 2014/15 auditor-general’s report highlights outright irresponsibility and mismanagement of resources which led to loss of billions of francs across the nine entities of the institution.