Freetown, Sierra Leone – April 16, 2026 — The Ministry of Technical and Higher Education has ordered the immediate suspension of all financial transactions across accounts belonging to the Milton Margai Technical University (MMTU), as authorities move to safeguard public funds amid ongoing administrative concerns.
In a directive issued on April 15, 2026, the Ministry instructed that all withdrawals, transfers, and outward payments from the university’s accounts be halted without delay. The order covers accounts held in several commercial banks, including Sierra Leone Commercial Bank, Rokel Commercial Bank, and Union Trust Bank.
The Ministry emphasized that the freeze applies broadly to all categories of accounts operated in the university’s name. These include operational funds, project accounts, donor-supported accounts, and any subsidiary or affiliated accounts linked to MMTU.
The action follows the recent interim suspension of the university’s Vice-Chancellor and Principal, Dr. Philip John Kanu, by the Chancellor and Chairman of the University Court on April 18, 2026, over issues related to administrative and financial management.
Officials said the directive is grounded in the provisions of the Universities Act No. 5 of 2021, which mandates the Ministry to exercise oversight and policy supervision over public higher education institutions. The Ministry also cited its responsibility to ensure transparency and accountability in the management of public resources.
According to the notice, the suspension of transactions will remain in effect until further written authorization is issued.
Describing the move as precautionary, the Ministry stated that the measure is intended to protect institutional funds, enforce compliance with governance standards, and maintain financial integrity while reviews are ongoing.
The Ministry has also requested all relevant banking institutions to acknowledge receipt of the directive and confirm compliance promptly. Additionally, banks have been asked to report any transactions conducted on the affected accounts after April 8, 2026.
