EFCC summons former OAU Vice Chancellor over alleged N3.5 billion fraud

Obafemi Awolowo University
Obafemi Awolowo University

The Economic and Financial Crimes Commission, EFCC, has invited a former Vice-Chancellor of Obafemi Awolowo University, Ile-Ife, Bamitale Omole, over allegations of fraud levelled against him by academic staff of the university.

PREMIUM TIMES had on April 20, 2016, reported that the budget monitoring committee of the local chapter of the Academic Staff Union of Universities, ASUU, accused the management of the university under Mr. Omole of mismanaging N3.5 billion intervention fund released to the university for upgrade of facilities.

The Union had accused the management of the institution under Mr. Omole of expending the sum on hostel renovation and construction of new lecture theatres without observing due process and transparency.

The funds were part of the N100 billion released by the Federal Government in 2013 to universities in response to agitations by ASUU for upgrade of facilities at the tertiary institutions in Nigeria.

An implementation monitoring committee had spelt out guidelines for accessing the intervention fund but the teachers’ union in OAU said the university failed to abide by the guidelines.

According to the report of the monitoring committee obtained by PREMIUM TIMES, the university’s management failed to follow due process in contract awards or follow guidelines in the use of the fund.

Although the management, through the university’s spokesman, Olanrewaju Abiodun, denied any wrong doing, a body known as Third Eye International OAU restated the allegations in a petition to the EFCC.

In the petition, the group had urged the agency to investigate “the illegal disbursement and embezzlement of funds”.

prof-bamitale-omole-ex-vice-chancellor-of-oau
Bamitale Omole

Apparently in response to the petition, the EFCC in a letter to the Acting Vice Chancellor, Anthony Elujoba, dated January 19, requested the release of Mr. Omole and the university’s bursar, Aderonke Akeredolu.

The commission asked the bursar to come along with Certified True Copies (CTC) of “all capital project contracts, including financial documents relevant to the renovation of official residence of the VC executed in the institution”.

“Other documents expected are financial document of funds remitted to OAU under the NEEDS ASSESSMENT of Nigeria Public Universities Special Presidential Intervention between 2013 and 2014 and all financial documents of Employer Contributory Pension Scheme of the Institution between 2012 and 2016.”

Students groups and the Non Academic Staff Union of Universities, NASU, of the university had also demanded that Mr. Omole be probed.

Mr. Omole’s invitation comes less than two months after the current acting vice chancellor, Mr. Elujoba was also questioned by the EFCC.


DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD:WARNING TO MEN: These 3 Foods is Killing Your Erection. Click Here to Know Them...


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.


  • Dán-gote Group Of Company

    Reliable cement for molding, construction, and building of house here is your opportunity this is to inform the general public that both individuals and distributors can now order Dán-gote 3X Cement directly from the factory at a promo price of 115O Naira minimum for purchase is from 1OO bags and above kindly contact sales manager Mr Olakunle Alakeh on +2347O66O91979.Note Delivery is two working days and it nation wide.

  • Corruption everywhere you turn

  • Dazmillion

    There are too many rats in the system

  • gata

    Reputation like every other good thing in this world is one of the easiest things to damage. It should baffle the mind of any rational person when those who are supposed to know better are only educated but not knowledgeable. Of what personal benefit will OAU staff contributory pension be to an ex- Vice Chancellor? Anyonew who reads this report will know it is senseless. A whole 3.5 billion. The authors of these type of petitions are the spanners in the engine of Nigeria, they capitalize on sensationality to deceive the populace.
    Prof. Omole, kindly concentrate and continue to do your best for humanity, stopping to throw stone at every dog that bark will not allow you to get to destination. Sad that not many can filter information, but be sure that God almighty knows everyone and their intentions.

    • Sunny

      Well, the allegation might not be true after it must have been investigated, but it needs to be considered as petition has been submitted by some individuals in that community.