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.”