On Thursday at a high court sitting in Osun State, a former acting Vice-Chancellor of Obafemi Awolowo University (OAU), Ile Ife, Prof. Anthony Elujoba, and ex-acting Bursar, Josephine Akeredolu, was discharged and acquitted of allegations of conspiracy and fraud.

The Economic and Financial Crimes Commission (EFCC) had earlier filed a suit against the duo following a petition alleging their involvement in fraud, conversion of public funds, conspiracy and abuse of office.

EFCC had alleged that Elujoba and Akeredolu, while in office, had conspired to steal by paying the acting vice-chancellor N5,477,595 belonging to OAU as furniture allowance.

They were also accused of illegal diversion of N1.4 billion OAU money, which was paid to workers in the university as earned allowances and productivity bonus.

Elujoba and Akeredolu were first arraigned before an Osun State High Court, sitting in Ede in July 2017.

Delivering judgement on the matter, Justice Wasiu Akanbi, said the prosecution team led by M.S. Usman called three witnesses and tendered exhibits that included a letter of appointment of the acting vice-chancellor.

Read more==https://thestreetjournal.org/2020/06/n1-4bn-court-frees-oau-ex-vc-bursar-faults-efccs-evidence/

Good