ASUU petitions EFCC over alleged 3bn fraud

The Academic Staff Union of Universities on Thursday submitted a petition to the Economic and Financial Crimes Commission, accusing the Vice-Chancellor, University of Ilorin, Prof. Abdulganiyu Ambali, and the former VC, Prof Isiaq Oloyede, of an alleged N3bn fraud.

Oloyede is the current Registrar, Joint Admission and Matriculation Board.

In the petition, ASUU accused Oloyede and Ambali of fraudulent practices in the remittance of pension fund, illegal and unremitted deductions from workers’ salaries, extortion of students and other financial crimes.

The petition was submitted by the Ibadan Zonal Chairman of ASUU, Dr. Ade Adejumo; Chairman, University of Ibadan chapter of the union, Dr. Deji Omole; his counterpart at the Ladoke Akintola University of Technology, Ogbomoso, Dr. Biodun Olaniran; Chairman of ASUU, Kwara State University, Dr. Dauda Adeshina; and ASUU chairman, Unilorin, Dr Kayode Afolayan.

ASUU also alleged that Oloyede and Ambali benefitted from contract inflation and kick-backs from contractors.

While speaking to newsmen at the EFCC office in Ibadan on Thursday, Adejumo asked the EFCC to investigate what he described as monumental fraud perpetrated by the administration of the former and current VCs of the institution.

According to the four-page petition, in December 2011, the Unilorin authorities doubled the amount of pension contributions being deducted from staff salaries on the pretext that the previous deductions were lower than what the law prescribed.

ASUU, through the petition, explained that the legal minimum prescribed deductions by the Pension Act at the time was 7.5 per cent of emoluments, arguing that the staff were paying above the minimum.

The petition stated, “Contrary to law, the extra deductions were not derived from any agreement with the workers; indeed, the forced deductions were protested to no avail. However, the administration pushed out the argument, through their cronies, that whatever amount was deducted for pensions will be automatically doubled and that the deductions were therefore ‘for our benefit’.

“On enquiry, pension fund administrators said they were not aware of any special extra payments into the pension account of the staff during the periods. The quantum involved in this fraud is in the neighbourhood of N1.5bn. In other words, these vice-chancellors have defrauded the staff of varied amounts over the period.”

You might also like More from author

17 Comments

  1. i need cash fast says

    payday loans victoria bc
    i need cash fast
    direct payday loan lenders online

  2. payday lending says

    loans online bad credit
    payday lending
    apply for personal loan with bad credit

  3. payday one loans says

    one hour payday loans direct lender
    payday one loans
    online payday lenders

  4. Mervin says

    Wonderful post! I really take pleasure in your perform!

  5. Kenneth says

    ola dotra me gusiaria que uste me envitara a sue shoy para que decida un polema con mis esposa y mis hijitos posive un divosio llameme por choose mi numero es gascia willie

  6. generic cialis says

    cialis sale vancouver
    generic cialis
    buy cialis online no prescription

  7. levitra online says

    buy levitra professional online
    levitra online
    buy levitra uk

  8. Lora Wood says

    Hi my name is Lora Wood and I just wanted to drop you a quick message here instead of calling you. I came to your ASUU petitions EFCC over alleged 3bn fraud | Gbeduhub.com page and noticed you could have a lot more hits. I have found that the key to running a successful website is making sure the visitors you are getting are interested in your website topic. There is a company that you can get keyword targeted visitors from and they let you try their service for free for 7 days. I managed to get over 300 targeted visitors to day to my website. http://v-doc.co/nm/bat6h

  9. Jennifer says

    Did you just create your new Facebook page? Do you want your page to look a little more “established”? I found a service that can help you with that. They can send organic and 100% real likes and followers to your social pages and you can try before you buy with their free trial. Their service is completely safe and they send all likes to your page naturally and over time so nobody will suspect that you bought them. Try their service for free here: http://korturl.no/1pwo8

  10. Jennifer says

    I decided to leave a message here on your ASUU petitions EFCC over alleged 3bn fraud | Gbeduhub.com page instead of calling you. Do you need more likes for your Facebook Fan Page? The more people that LIKE your website and fanpage on Facebook, the more credibility you will have with new visitors. It works the same for Twitter, Instagram and Youtube. When people visit your page and see that you have a lot of followers, they now want to follow you too. They too want to know what all the hype is and why all those people are following you. Get some free likes, followers, and views just for trying this service I found: http://8si.ru/2gerk

  11. Natalie Murray says

    Hello my name is Natalie Murray and I just wanted to send you a quick note here instead of calling you. I came to your ASUU petitions EFCC over alleged 3bn fraud | Gbeduhub.com website and noticed you could have a lot more visitors. I have found that the key to running a popular website is making sure the visitors you are getting are interested in your website topic. There is a company that you can get keyword targeted traffic from and they let you try their service for free for 7 days. I managed to get over 300 targeted visitors to day to my site. http://ker.li/ol

Leave A Reply

Your email address will not be published.