University Grants Commission Chairman Prof Kazi Shahidullah has said the commission will not tolerate any financial irregularities at public universities in the country.
"The vice chancellors (VCs) should follow the rules and regulations in dealing with the financial issues. We will take stern action if any financial corruption is found," he warned.
The UGC chairman said this at a two-day-long inauguration ceremony on the budget of public universities on Sunday.
Urging treasurers and directors (finance) at public universities, he said: "At first, make the VCs aware of financial irregularities, if any. If the university heads do not pay heed, you may approach the UGC and get suggestions."
There is no scope of transferring fund from one sector to another. The VCs should ensure proper utilisation of allocated funds, he added.
UGC member Prof Md Abu Taher requested the public universities to stop recruiting manpower on master roll, contract or daily basis.
"If necessary, appoint them as 4th class employees," he said.
UGC members Prof Md Alamgir and Prof Biswajit Chanda, and its Secretary Ferdous Jaman also addressed the function, among others.
The directors (finance) and budget officials of 23 public universities took part in the programme.
Revised budget of 2020-21 financial year and budget for 2021-22 financial year were discussed at the event.