The quest and agitation for the enthronement of corporate integrity in the nation's universities by the stakeholders have become almost hysterical given the often alleged, sometimes proven, cases of mal-administration, fund embezzlement and or misappropriation, over bloated or even fake invoicing, unbridled favoritism, sexual harassment, bribery, and so on, within the system. Tales are told of students not completing their courses before they are put out for examinations in some universities. The situation becomes worrisome and intriguing with the jet-speed rate of opening up of new universities with its attendant alleged employment of "unqualified" staff, retirees, and stragglers from older universities. To ascertain the true feelings and perceptions of stakeholders, regarding these alleged misdemeanors, a questionnaire was designed and distributed at a stakeholders forum organized by the Due Process Office in Owerri, Nigeria between 22nd and 24th June, 2006. Of the 260 copies of the questionnaire distributed, 198 (76.1%) usable copies were returned. On inspection, it was gladdening to note that there was a fair spread of respondents among the six geo-political zones in the country. The respondents almost unanimously scored the nation's university system very low on the corporate integrity index, itself a poor commentary on the "Quality Assurance" and the "Due Process" efforts of the National Universities Commission (NUC) and the Due Process Unit in the Presidency, respectively. Suggestions are proffered on how ethical conduct and corporate integrity can be firmly entrenched and internalized as a quality assurance booster within the system.