The Academic Staff Union of Universities (ASUU), has written a damaging petition to the Economic Financial Crimes Commission (EFCC), accusing the management of University of Ilorin of fraud amounting to over N2 billion naira. The petition was co-signed by Dr. Ade Adejumo the Ibadan Zone Chairmen of ASUU and Dr. Deji Omole the University of Ibadan Chairman.
The petition blatantly accused the former Vice Chancellor Prof. Ishaq Oloyede the present registrar of Joint Admissions and Matriculation Board (JAMB) and the incumbent Vice Chancellor Prof. Abdulganiyu Ambali of fraud amounting to over N2 billion to say the least.
The petitioners said the perpetrators hide under the pretence of running stable academic calendar while carrying out fraud. It ranges from pension fraud, unremitted deductions, student extortions, contract inflation, kick-backs and unlawful payments to ex-principal officers of the university.
Prof. Ishaq Oloyede was specifically accused of doubling pension deduction under the disguise that present deduction is lower than the one prescribed by the law. It was however quoted that the legal minimum deduction prescribed by Pension Act at the time was 7.5 percent of emoluments and staff were paying higher than the minimum.
To prove this right, other federal universities like University of Lagos and Obafemi Awolowo University, the sum of N20,124.62 is deducted from each professor as pension contribution monthly. In contrary, University of Ilorin deducts N40,206.42 monthly for the same pension contribution.
It was also alleged that a fraud of N1.5 billion were jointly carried out by the immediate past vice chancellor and the incumbent on fraudulent and unremitted deductions from staff salaries.
“Our preliminary investigations revealed that billions of naira have been extorted from population of about 35,000 students including Sandwich students over the past years.”
ASUU urged the EFCC to carry out a thorough and diligent investigation and discover can of worms. Copy of the petition received by the EFCC was dated 29th December, 2016.
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