Friday, July 7, 2017

Alleged N1.4 Billion Fraud: Ex-OAU Vice Chancellor Remanded In Detention

An Osun State high court has remanded a former vice-chancellor of the Obafemi Awolowo University, Ile-Ife, Anthony Elujoba, in custody until Tuesday next week, after the Economic and Financial Crimes Commission arraigned him over an alleged N1.4 billion fraud.

The former vice-chancellor and the university’s bursar, Josephine Akeredolu, who both appeared in court in handcuffs, are facing a seven-count charge of diversion of funds and abuse of office.

Messrs. Elujobi and Akeredolu have denied any wrongdoing. They appeared before the court presided by Justice David Oladimeji on charges bordering on an intent to steal money belonging to the university and conspiracy to defraud. among other offences.

The counsel to the defendants, Ibrahim Lawal, in an application for bail, prayed the court to remand his clients in EFCC custody pending the determination of the application.

But the EFCC counsel, Festus Ojo, asked instead that they be remanded at the Ilesha Prisons.

In his ruling, Justice Oladimeji ordered that the defendants be remanded in EFCC custody pending the hearing of the application on Tuesday, July 11.

Workers of the university, including the current Vice-Chancellor, Ogunbodede Eyitope, were in court to show support to their embattled colleagues.


  1. I understand the full story. The corrupt cabals who have held OAU to ransom for years and have turned the University to a private business are fighting back.

    I am sure the Prof. Elujoba will be vindicated and the losers, who wants to get hold of the office by all means but lost due to the NASU and ASUU revolt against their fold, will lose again and again. The alleged Prof. used the money those guys have kept secretly for "who knows what" to pay the backlog of NASU and ASUU 52 months arrears of Hazard allowance. The losers cannot deny they didn't get the bank alert of their own arrears.

    OAU has just bn shut down today by the NASU that were paid with the allegedly diverted funds.