₦airaland Forum

More damning revelations have come to the fore in respect of series of alleged financial recklessness of the embattled former Vice-Chancellor of the University of Lagos, Prof Oluwatoyin Ogundipe, a major reason why he was removed from office.

According to extracts from the Report of Council Sub-Committee on Review of Expenditure of University of Lagos since May, 2017, Ogundipe was found culpable and it was this report that was on the front burner for .consideration at Wednesday's crucial meeting of the Governing Council in Abuja.


For instance, the former VC reportedly approved disbursement of N57.9million for international travels for himself and a few other cronies of his within a spate of only six months.

The Council members, who were alarmed at this findings, could not bail out Ogundipe, given that the Financial Regulation of the University of Lagos prohibits what they tagged a profligate spending.



A breakdown of the amount revealed that about 61.84% or N35.8million of the amount spent on estacode and international travels, was utilized by the former VC alone.


Other associates and favourites of the erstwhile helmsman who reportedly benefitted from the largesse were mentioned in the report as reproduced as follows:

Prof. Ogundipe and his cronies allegedly spent N57,921,582 (Fifty seven million, nine hundred and twenty one thousand, five hundred and eighty two Naira) on International Travels in 6 months.

"Out of this, N35,820,819 (61.84%) went to Ogundipe. Breakdown are as follows:Prof. L.O. Chukwu N1,982,495.00, Prof. F. T. Ogunsola N6,295,082.00, Dr. (Mrs.) T.F. Ipaye N4,528,723.00, Dr.S.A. Adebisi N4,824,248,Prof. O.B. Familoni N4,470,215.00, Prof. O. T. Ogundipe N35,820,819.00.Total is N57,921,582.10"



According to the report, it was condemnable a situation whereby the Management went above the maximum N300,000 allowable for an academic staff as subsidy for Learned Conference irrespective of the distance all over the world.

The Council members also frowned at a situation whereby the VC Vice-Chancellor approved estacode for non-principal officers to travel to a reckless limit.

Meanwhile, it was learnt that operatives of the Economic and Financial Crimes Commission may soon be invited by the Governing Council to commence investigation into the alleged sleaze in the University.

Corruption has really eaten deep down in every sector of This our country Nigeria...
I wonder if we will ever get rid odmf this menace call corruption

Im really disappointed on him... He is a prof and a pastor. He should have done better

Go to court stop media trial

Fash20:
Im really disappointed on him... He is a prof and a pastor. He should have done better

But wait to hear his own side of the story before crucifying him.

It's not as if I'm supporting him o, but let's observe decorum.

Cold room stunts...

adenigga:
But wait to hear his own side of the story before crucifying him.

It's not as if I'm supporting him o, but let's observe decorum.

He refused to appear before any of the committees to defend himself even when he should be on suspension during the investigation

Iamdemola:
He refused to appear before any of the committees to defend himself even when he should be on suspension during the investigation

I learned that his heading to court few minutes ago, let's watch out for the bragadoes .

I respect your opinion!!!

Iamdemola:
He refused to appear before any of the committees to defend himself even when he should be on suspension during the investigation

Which kangaroo committee? Unilag has its own internal rules

Praxtech:
Which kangaroo committee? Unilag has its own internal rules

Please o, which of the internal rules do you know?

Iamdemola:
Please o, which of the internal rules do you know?

Go and read the act establishing the institution

Praxtech:
Go and read the act establishing the institution

Ok, it appears I am wasting my time. No offence o, I thought you knew something.