Home » N.3billion Fraud: Osun College officials to appear in EFCC on Monday

N.3billion Fraud: Osun College officials to appear in EFCC on Monday

The authority of the anti-graft body, the Economic and Financial
Crimes Commission(EFCC) has invited the members of the top management
of the Osun State College of Education(OSSCE),Ila-Orangun over alleged
illegal diversion of over N.3billion public funds approved for the
construction of Amphitheatre (Lecture Theatre) and other valuable
projects in institution.

It would be recalled that an Osun State based Civil Society
Organization (CSO), the Civil Societies Coalition for the Emancipation
of Osun State (CSCEOS) led by its Chairman, Comrade Adeniyi, Alimi
Sulaiman had earlier appeared before the agency to endorse its
Petition Letter dated Monday 21st March, 2016 which was forwarded to
the Acting Executive Chairman of the EFCC, Mr. Ibrahim Magun over the
subject matter.

Those invited were; the Chairman of the College Governing Council and
younger brother to Chief Bisi Akande ,the former Interim National
Chairman of All Progressives Congress(APC),Mr. Oyeniyi Akande, College
Provost, Professor  Isaac Oyewole, Registrar, Mr. Aderiola Adeoti,
former Bursar(now College of Education, Ilesa), Mr. Akin Latilo,
College former Acting Provost, Dr. Basiru Gbadamosi and the member of
the Governing Council, Mr. David Olayinka Olojede.

Other involved in the alleged diversion of Project funds were; Mr.
Oyegbade Reuben Abayo, Mr. Amobi Yinusa Akinlola, Mr. Ayoola Peter
Olajiola, Mr. Moses Oyewole Otitoola, Mr. Kujeunbola Oluwafemi, Dr.
Omotosho Adeleke and Dr. Adeleke Sulaiman Ajala.

The source closed to the College informed that the College Governing
Council Chairman, Provost and Registrar respectively were held
marathon meeting last Friday for almost five hours at Ogunlade Guest
House of the institution ahead of Monday appearance at the Ibadan
Zonal office of the EFCC, where they concluded to shift the blame game
of the issue on Dr. Gbadamosi and Mr. Akin Latilo respectively.

Another source from the College alleged that its former Acting
Provost, Dr. Busari Gbadamosi has recently returned the sum of
N10million out of the project funds in question to the College
management, adding that Dr. Gbadamosi had concluded plan to reveal the
truth of the whole matter and other related issues before the
anti-graft body so as to help the agency on its investigation to
unravel the whole saga.

This was contained in a statement issued by the CSCEOS’s Directorate
of Media and Strategy, which was made available to newsmen on Sunday,
Comrade Sulaiman disclosed that out of the sum of One hundred and
seven Million naira (N107m) first payment released to the Sky Bank,
Ring Road Ibadan branch Account Number:1771403093 of the Digitpro
Engineering Technology Ltd, Ibadan, being the part of mobilization
fees for the construction of a Lecture Theatre (Amphittheatre), sum of
N41,093,694.36 on March 4th, 2014 were diverted to the Fidelity Bank
Plc Account Number:5600078243 with Cheque Number:00000005 of De
Capstone Ltd where Mr. Akande had vested interest.sule 6

According to CSCEOS: “ As third eye of the people, it is our
responsibility and right to expose every yoke of corruption in our
society as stipulated in the Sections 15 sub-section(5) and 24
sub-sections (1e) of  the amended 1999 constitution of the Federal
Republic of Nigeria.  According to the Biblical statement that “Seek
and Ye shall find, ask and it shall be given onto ye” and “for there
is nothing hidden that shall not be revealed”. We all know that it is
an abominable for a leader to betray the trust of her people which is
against the teaching of Prophet Muhammed (May the Peace of Allah be
upon him)”.36195_130837323605315_3995927_n

While appreciating the efforts of the anti-graft body to free our
society from shackle of corrupt practices and assurance that the EFCC
would do justice to the group’s petition without fear or favour,
Sulaiman advised the Osun State government under the watch of Mr. Rauf
Aregbesola to purge Mr. Akande and his co-travelers that were
currently facing the trial over an alleged N.3billion fraud out of the
institution before they destroyed the citadel of learning, adding that
“Law is no respecter of anybody”.

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