https://www.nairaland.com/3941878/lautech-operates-97-different-bank/1#58771169

The link up leads to a thread where the Osun state government fed the general public with lies about the true state of LAUTECH, here are some facts.
1) The 97 bank accounts that they said LAUTECH is operating includes the school account, TETFUND account, school organisations accounts and some of these accounts are in banks that have collapsed or no more functional.

2) The Wole Olanipekun led panel said the Governors should pay a sum of 1.8bllion naira so that the workers will resume and the government should then audit the school's account but the governments only want to audit without paying.

3) No WORKER, I repeat, No WORKER chased anybody out of the school, KPMG sef and the two Governors are yet to agree on fees. Is it the workers that are on strike and are at home that will chase auditors out of the school?

4) The two Governors are only interested in blackmailing ASUU because ASUU knows their tactics. People even know that these Governors are doing this so as to sell the school to their godfather, Tinubu but God will scatter their plans

5) LAUTECH's yearly wage bill is around 4.2 billion naira but these two Governors said they released 13billion naira in five years, which means over the said five years, LAUTECH spent around 21billion naira on salaries which means Lautech used around 8billion naira from the IGR to pay, Moreover​, Aregbesola stopped funding LAUTECH since 2013.

cc: Mynd44, lalasticlala

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