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.

http://saharareporters.com/2017/02/13/efcc-set-arraign-futa-vc-bursar-court-over-misappropriation-funds

hope d JAC members will gladly get to work now...coz na Wetin dem se expect b dis

Long overdue

-

Hope they came prepared... They can't be allowing these thieves go Scot free

Corruption everywhere. It's so annoying that the academic world that ought to be a prototype for a working and better Nigeria is so messy and sh*ty. Something is fundamental wrong with the Nation.

We need to go back to the root. Starting from Nursery school, let's teach our kids how to be a better citizen. Hopefully when they grow up, they can make this country great again.

Ebami kigbe OLE, JAGUDA, OFUN, GBEWIRI, FRAUD, THIEVES, full dis country.

Y

Nice development. Professor of loot everywhere

Where are we going in this country? Every sector in the country is controlled by thieves and rogues, what a shame. Person of integrity among our leaders is as rare as white falcon. May God help us

Nigerians are full of corrupt people not only the VC but also some lecturers who are also collecting bribe from students to get grade...Am not surprise after reading the news...birds of the same feathers

Wtf!!!

Can't believe my Alma mater is in the news for the wrong reasons

By the way it's professor Daramola not Mr.

Don't make FUTA sound like a glorified private secondary school. Be warned Mr. Op.

This whistle blowing thing is good for this country. Searchlights should be beamed on our corrupt citadel of learning. Our tertiary institutions stink with corruption.

When a professor of Economics and a bursar of charter accountant quarlifaction are looting without control and respect for their ethics and professional ordinance, then my judgement is this:

1) the VC's all certificates should be withdrawn, his asset includes his bank account be confiscated to govt, and he should be sent to 10 years imprisonment with hard labour

2) the bursar cert be revoked, his assert be impound includes his bank account and he be sent to 15 years imprisonment because he should guilde the VC financially.

3) any other person or staff discovered during the period of the prosecution of VC and bursar should be relieved of their appointment and any amount trace to their custody should be paid back with interest for the period of time they benefit such cake.

I rest my case.

Courrrrrrrrt!

Bolustic:
Same VCs in the name of ASUU and NASU will be the first to condemn the FG of corruption

Have you ever seen a VC condemn Federal government or support ASUU? Don't you know vc is a political office appointed by the presidency? Next time don't comment on what you don't know or

I'm happy this day has come .. They should tell that tyrant VC to resign or else they should withdraw his certificate and confiscate some of his assets acquired through Dubious means..I want to collect transcript in school since like 2month ago I can't be able to collect it Caz of the JAC strike ,, I really can't blame the JAC because they are fighting for their right.. I just pray this court case goes well and FUTA JAC resume soon..

melejo:
Have you ever seen a VC condemn Federal government or support ASUU? Don't you know vc is a political office appointed by the presidency? Next time don't comment on what you don't know or

Lol the level of your ignorance reaches the sky .. It's a Fallacy to say all VC's are appointed by the federal government.. What of state universities for God sake or are they not part of ASUU also ... Try to think well before you talk on here

At least... I hope, after this the JAC will gladly resume and allow us to start our practical and other school works

Corruption every in Nigerian, God bless Nigerian

shey they can win Daramola sha?

wonderkid619:
shey they can win Daramola sha?

who is Daramola by the way? a common criminal?

wonderkid619:
shey they can win Daramola sha?

Nothing is impossible bro... Truth will always prevail

We are gradually getting it right in Nigeria..


Thank God for giving us PMB..

Iblad0994:
I'm happy this day has come .. They should tell that tyrant VC to resign or else they should withdraw his certificate and confiscate some of his assets acquired through Dubious means..I want to collect transcript in school since like 2month ago I can't be able to collect it Caz of the JAC strike ,, I really can't blame the JAC because they are fighting for their right.. I just pray this court case goes well and FUTA JAC resume soon..

Me too o.

Since November

its nt only the Futa vc that's corrupt. the EFCC without sentiments should throw investigations into many of the universities in the southwest and beyond including the past administrations of Obafemi Awolowo university, osun state. i repeat, without sentiments.

solace2013:
who is Daramola by the way? a common criminal?

he's still the VC oo
meanwhile today, the JAC people broke two students head with stone

Iblad0994:


Nothing is impossible bro... Truth will always prevail

I pray it's so in this case and truth prevails on time.... cos the strike is causing delays gaan... meanwhile the JAC people broke two students head with stones....