Editorial Team

Emmanuel Udom-Managing Editor, Stephen Dijo Philemon-Deputy Editor, Janet Udom-Senior Correspondent, Precious Udom-Senior Correspondent, Williams Ita-Bureau Chief(Akwa Ibom/Cross River), Fabian Idoko-Senior Correspondent

    Manufacturer's Representative Import Export General Merchandise Contract Adress: Araromi Quarters, Owode Area, Ifo, Ogun state, Nigeria P.O.Box 2632, Oshiodi, Lagos Telephone: 2348166719412

    Friday, 17 June 2016

    Osun College: EFCC arrests Bisi Akande’s brother over allege N.3billion fraud

    By Emmanuel Udom 

    The Economic and Financial Crimes Commission (EFCC) has arrested and detained the younger brother to Chief Bisi Akande, former Interim National Chairman of the ruling All Progressives Congress (APC).

    The bother, Oyeniyi Akande was arrested and detained over alleged diversion of over N.3billion public funds approved for the construction of Amphitheatre (Lecture Theatre) at the Osun State College of Education (OSSCE), Ila-Orangun,

    The arrest of Akande was as a result of petition dated
    Monday 21st March, 2016 and signed by Comrade Adeniyi,  Sulaiman, chairman, Civil Societies Coalition for the Emancipation of Osun State (CSCEOS), which was forwarded to the Acting Executive Chairman of the EFCC,  Ibrahim Magun over the allegation.

    It would be recalled that the agency has commenced investigation into the alleged diversion of over N.3billion approved for the project.

    Aside Akande who was the suspect in the matter, other alleged in the fraud are; College Registrar, Mr. Aderiola Adeoti, former Bursar(now Bursar College of Education, Ilesa), Mr. Akin Latilo, College former Acting Provost, Dr. Basiru Gbadamosi and a member of the Governing Council, Mr. David Olayinka Olojede.

    Others allegedly involved in the alleged diversion of the funds are: 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.

    A at the anti-graft agency revealed that the College Provost, Professor Isaac Oyewole led the College team to the EFCC office on Monday and Wednesday this week before Akande was detained for further investigation into the alleged fraud before they would face the wrath of the law.

    To compound the issue, the Provost of the College, professor Oyewole who were supposed to declare the where about of Akande to the College management refused to do so until the close associate of Akande that went to Ibadan to see him, informed the certain set of People that

    “Baba as Oyeniyi Akande use to be called, said Baba has been detained in the Ibadan office of the EFCC since Wednesday”.

    The source also closed to the College informed that the College
    Governing Council Chairman, Provost and Registrar respectively had held marathon meeting last Friday for almost five hours at Ogunlade Guest House of the institution ahead of this week  appearance at the Ibadan Zonal office of the EFCC, adding that the college former Acting Provost, Dr. Busari Gbadamosi has recently returned the sum of N10million out of the project funds in question to the College management, noting 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.

    CSCEOS in its statement disclosed that the sum of N107million was first released to the Sky Bank, Ring Road Ibadan branch Account Number:1771403093 of the Digitpro Engineering Technology Ltd, Ibadan, being part payment for mobilization for the construction of a Lecture Theatre (Amphittheatre).

    However, the sum of N41million was allegedly diverted on March 4th, 2014 to the Fidelity Bank Plc Account Number: 5600078243 with Cheque Number: 00000005 of De Capstone Ltd where Mr. Akande had vested interest.

    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. 

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