LAUTECH VC, Bursar Quizzed by EFCC for 'Diverting Varsity Fund'

The EFCC on Wednesday invited the Vice Chancellor of the Federal University of Technology, FUTA, Akure, Adebiyi Daramola, to answer questions on fraud allegations leveled against him. He was joined at the EFCC office in Ibadan by the Bursar of the university, Emmanuel Oresegun. Both men were quizzed based on allegations of abuse of office and misappropriation of funds reported against them, Zonal Head of Public Affairs of the EFCC, Ayo Oyewole, said. The anti-graft agency said it is investigating allegations of “corruption, fraud, criminal breach of trust, unlawful enrichment and conversion of millions of Naira of the university,” for personal use “The Vice Chancellor allegedly drew furniture allowance annually instead of once in 4 years as approved and was paying himself housing allowance while residing in the University’s Vice Chancellor’s Quarters,” Mr. Oyewole said. He said the petitioner also alleged that the Vice Chancellor diverted funds from various unrelated subheads to finance other projects without due process.

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