N3bn fraud: ASUU Petitions EFCC

The Academic Staff Union of Universities on Thursday submitted a petition to the Economic and Financial Crimes Commission, accusing the Vice-Chancellor, University of Ilorin, Prof. Abdulganiyu Ambali, and the former VC, Prof Isiaq Oloyede, of an alleged N3bn fraud.

Oloyede is the current Registrar, Joint Admission and Matriculation Board.

In the petition, ASUU accused Oloyede and Ambali of fraudulent practices in the remittance of pension fund, illegal and unremitted deductions from workers’ salaries, extortion of students and other financial crimes.

The petition was submitted by the Ibadan Zonal Chairman of ASUU, Dr. Ade Adejumo; Chairman, University of Ibadan chapter of the union, Dr. Deji Omole; his counterpart at the Ladoke Akintola University of Technology, Ogbomoso, Dr. Biodun Olaniran; Chairman of ASUU, Kwara State University, Dr. Dauda Adeshina; and ASUU chairman, Unilorin, Dr Kayode Afolayan.

ASUU also alleged that Oloyede and Ambali benefitted from contract inflation and kick-backs from contractors.

While speaking to newsmen at the EFCC office in Ibadan on Thursday, Adejumo asked the EFCC to investigate what he described as monumental fraud perpetrated by the administration of the former and current VCs of the institution.

[Punch]