EFCC Set To Arraign FUTA VC, Bursar In Court Over Misappropriation Of Funds

Mr. Daramola and Mr. Oresegun have been
accused of diverting funds from various related
subheads of the institution to finance their
personal pockets.
Barring any last minute change in plan, the
Economic and Financial Crimes Commission
(EFCC) is set to arraign the embattled Vice
Chancellor of the Federal University of Akure
(FUTA), Adebiyi Daramola, and the Bursar,
Emmanuel Ademola Oresegun, at a Federal High
Court in Akure.
SaharaReporters learned on Monday that EFCC
officials have arrived in Akure, the Ondo State
capital, on a mission to drag the embattled Vice
Chancellor before the Federal High Court there
by Tuesday morning.
Mr. Daramola and Mr. Oresegun have been
accused of diverting funds from various related
subheads of the institution to finance their
personal pockets.
The embattled VC has specifically been accused
of withdrawing furniture allowances annually and
paying himself a housing fund while residing in
the Vice Chancellor’s quarters, actions that
violate the university’s rules.
A top staff of the university disclosed to our
correspondent on Monday that the anti-graft
agency has gathered enough evidence against
Mr. Daramola over an alleged financial
misappropriation of the institution’s funds.
The source, who pleaded anonymity, confirmed
that the anti-graft agency has completed its
investigation of the case.
“I am aware that the EFCC officials, with some
of their lawyers, have arrived in Akure and they
are prepared to charge the Vice Chancellor
(Adebiyi Daramola) and the Bursar (Emmanuel
Oresegun) in court unfailing tomorrow (Tuesday)
at the Federal High court.
“I just left the police headquarters of the SIB in
Akure where the VC and Bursar have been
detained on the instructions of the EFCC and am
sure details of this will be revealed to you later,”
the source said.
It would be recalled that Mr. Daramola was
arrested by the anti-graft agency following
various petitions over his alleged financial
mismanagement at FUTA.
Both Mr. Daramola and Mr. Oresegun have been
regular visitors to the Iyagankun office of the
EFCC in Ibadan, the Oyo State capital, to explain
allegations against them.
Since the discovery of the misappropriation,
union leaders from the Senior Staff Association
of the Nigerian Universities (SSANU), National
Association of Academics Technologists (NAATs)
and the Non-Academic Staff Union (NASU) have
called for the removal of the Vice Chancellor.
The scandal has led to a series of protests on
the campus of the institution, with one side led
by union leaders and the other by the
management team loyal to the embattled Vice
Chancellor.

Source: saharareporter

Leave a Reply

Your email address will not be published. Required fields are marked *