Nigeria University Vice Chancellor, accused of N800 million fraud, to spend night in prison


The Vice Chancellor of the Federal University of Agriculture, Abeokuta, Olusola Oyewole, and the institution’s pro-chancellor, Adeseye Ogunlewe, will spend Friday night in prison despite being granted bail, PREMIUM TIMES has learnt.

The two men were charged to court alongside the university’s bursar, Moses Ilesanmi, on an 18-count charge of misappropriating N800 million belonging to the institution.

While Messrs. Oyewole and Ogunlewe were granted bail, Mr. Ilesanmi was not.

On Friday, the Abeokuta court where the three men were docked was filled up. The three whistleblowers sacked by the university joined scores of other university staff, SSANU, to attend the session. Members of Mr. Oyewole’s church were also in court.

One of the charges filed the anti-graft commission, EFCC, states:
 “That you Senator Ogunlewe, Prof. Olusola Oyewole and Moses Ilesanmi between the month of September and October, 2013 at Abeokuta within the Jurisdiction of this Honourable Court with intent to defraud did deposit the sum of N400,000,000.00k (Four Hundred Million Naira) only property of Federal University of Agriculture, Abeokuta in a fixed deposit account without due process.”
Another charge reads: “That you Senator Adeseye Ogunlewe, Prof. Olusola Oyewole and Moses Olusola Ilesanmi sometime between the month of September and October, 2013 at Abeokuta within the Jurisdiction of this Honourable Court with intent to defraud did deposit the sum of N442,849,898.00k (Four Hundred and Forty Two Million, Eight Hundred and Forty Nine Thousand, Eight Hundred and Ninety Eight Naira) only property of Federal University of Abeokuta in a fixed deposit without due process.”
All the accused pleaded not guilty to the charges.
The prosecution counsel, Benedict Ubi and Festus Ojo, prayed the court to remand the accused in prison custody pending the commencement of  trial. 
However, the defence counsel, Wale Adesokan, Benjamin Ogunmodede and Lapite Ademola, asked the court to grant bail to the defendants.
The judge, O.O. Majekodunmi, having listened to the submissions of  both counsel on the bail applications, granted the first and second defendants (Messrs. Ogunlewe and Oyewole) bail in the sum of  N50 million with two sureties in like sum. 
The judge said the sureties must be house owners within its jurisdiction and one of them must be a civil servant on grade level 15. 
She also ruled that the defendants must submit their international passports to the court registrar, and added that the defendants be remanded in prison custody pending the perfection of their bail conditions.
Ms. Majekodunmi adjourned ruling on the bail application of the third defendant till Monday. She also fixed December 16, 19, and 20 for commencement of trial.
PREMIUM TIMES learnt that by the time Messrs. Oyewole and Ogunsewe provided evidence of meeting their bail conditions, the judge and other relevant court officials had closed.
The two men were subsequently taken to prison.
Mr. Ogunsewe, a former senator, is also a former Lagos State governorship aspirant.


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  • Spoken word

    ogunlewe seems to like jail

  • Dazmillion

    “Members of Mr. Oyewole’s church were also in court”

    The EFCC should investigate Mr Oyewole’s pastor, they might find that 10% of that 800million went to the pastor as tithes.

    Thats the same way Pastor Chris Oyahilome was collecting money from some accountant who stole millions from the company he was working for. When Chris was told to return the stolen money, he said he cannot retrieve money from God.

    • Sam

      Daz, I was a former student of Oyewole and nothing more. I know some people may criticize and abuse me here as usual, but I have a feeling that he is not guilty.

      Yes, people change with time and only God never changes, but until proven otherwise, I will still believe Oyewole is still the man I used to know.

      • Eluba Inas

        Nigerians here we go again–every time trying to defend the wicked and the corrupt. Did you read the part about whistleblowers? You think the EFCC picked him just because of his beautiful tribal marks!

        • Sam

          That’s why I know him, he doesn’t have tribal marks.

          On a more serious note, no matter how bad the allegations are, I stand with him based on his known qualities (when I was his student). I will believe otherwise if he is convicted and proven guilty.

          You can’t loose your respect for someone you have known for years until he makes you loose that respect.

          • Dazmillion

            The economic situation in this country is turning former sheeps into yam eating goats.

          • thusspokez

            That’s why I know him, he doesn’t have tribal marks.

            You are interpreting the words literally. Did you say that you are a former student of Oyewole?

        • Dazmillion

          “beautiful tribal marks”

          Laugh no go kill me here

      • Gecko75

        Question is, did he or did he not commit the said offence? I think we should put sentiments aside when addressing these corruption allegations. Even if the crime was committed unintentionally, he should still be prosecuted to serve as a deterrent to others. Let the courts decide. I expect him to have a sound legal team to prove his case.

    • David Okpewho

      Stop talking nonesense!

      • Netanyahu

        No oh! It’s true. One of the owners of such stolen money for tithes is Sheraton Ikeja.

      • Dazmillion

        I see you are one of the wretched pastors that receives stolen goods

    • Bayo Ola

      Thanks jare. I observed that too. Churches in Nigeria are becoming such a huge joke!!!

  • Osas

    i like this Government so much.Be you anybody, if you don’t take ur time,you will go to jail.Senators, ex Governors,bank executives,ex ministers,judges, everybody and anybody is visiting the jail house.Nobody is really above the law in this government. Let them see what the common man is suffering everyday. On mere suspicion alone,innocent people are languishing in prison.Before you know, Nigerian prisons will become like the ones in Europe and America….Because of their new and VIP clientele!!

  • marc umeh

    Its all so depressing !!
    The thieves are the gods of society.
    Let’s see how a nation can survive all this.

  • Burbank

    And the same university will cry for additional federal funding to attain the rank of the universities of Singapore or Oxford or Harvard.

  • Paul Young

    Not one single comment here shouting witch hunt. We have a big problem in Nigeria.

  • Egbu Yugo

    No sector is spared of the stealing contest.

  • Femi

    Until it happens to you, you will never believe how terrible people could be. That man is innocent, this is a smart frame up by those wishing to take over his office next may.
    Now I know that not every celebrated EFCC anti-corruption trial are genuine. This sis pure politics in display, they are ready to destroy him and even the name of the University just to achieve the position they are after. I think Nigeria is doom with EFCC as one of weapons of the doom.
    I know a lot of people will think he is guilty, but we know the truth.

    • Dr Runor Ayomide

      My friend, what informed you that that man is innocent? Do you think EFCC is a sort of game player? without concrete evidence from bank lodgments EFCC will just arraign a man of that caliber in a law court?
      Ok assuming he is innocent, brother there’s no need to worry, time shall tell because EFCC is not the accuser and same time the prosecutor; a court of law is involved, and above all God is on His throne. If indeed the man is innocent as you’re claiming, he’ll come out innocent at the end. But let every man pay for his misdeed bcos currently in Nigeria, we’re in a period of purging; giving account of your stewardship here on earth. While Heaven also awaits us to give account of ourselves on the last day.

    • MO the Observer

      So diverting school funds to personal deposit account is not fraud? I can see your level of education.. oya so imi mo ngbo

    • Bayo Ola

      How is he being framed up? If he is framed up cant he prove his innocence at the court? Nigerians like you are the reasons while our nation remains the laughing stock in the league of nations. Even his church is right there at the court premises to applaud graft allegations. What is wrong with you people? While the church might support him if he is not guilty, bringing the church to court to give moral support to a graft case implies the church is tolerant of corruption. Let the dark cloud of corruption be cleared before you bring the church to it so you don’t damage the church reputation in the process. Well, he probably shared the looted fund with his church and his pastors if he truly embezzled the funds. That is the sad story about corruption and Nigeria: it is just a rat race.

      • george

        Abi o, my brother! I wonder when people speak about frame-up; “eni ti o ba je gbi, koni ku gbi”, he who must come to equity must come with clean hands. As for the church, Jesus Christ is watching!

    • Wale Allen

      I agree with you completely. They did it to some of the guys involved in the NAMA case. Some of them were completely innocent but framed up by people who wanted their positions. We need to be careful the way we judge people on the pages of newspapers and online blogs. Meanwhile the real corrupt guys are free and some are even wining and dining with this Government. We shall see because God hates injustice.

  • Stella Dominic


  • Abimbola

    This matter sef, don’t know the direction to follow. After discussing with several members of staff that were cautious, everything surrounding this matter touches on personal issues.

  • objective

    Is that the same Ogunlewe that was works minister and never constructed a single road, but only went about victimising people? It is wickedness to make such a man a Pro-chancellor of a University, because the entire budget of the University is not enough for him to steal in one week. This is not to say that he’s guilty on this occasion, but he obviously has been in the trade for a while; even as Permanent Secretary in Lagos State.

    • Bayo Ola

      Yes. Na the same man. May he spend the rest of his life in jail!

  • Olu from South Africa

    This always saddened my heart. How are we going to get out of this quagmire of corruption we find ourselves as a nation? Summation of all our individual evil deals is the reflection of the country today. To even alleged him is worst enough for the prestigious position of a vice-chancellor.