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EFCC Arrests FUNAAB VC over alleged Fraud

NAN

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Professor Olusola Oyewole

Professor Olusola Oyewole

The Economic and Financial Crimes Commission (EFCC) has arrested the Vice Chancellor, Federal University of Agriculture, Abeokuta (FUNAAB), Professor Olusola Oyewole.

A source at the commission told the News Agency of Nigeria (NAN) on Wednesday in Abuja that Oyewole was arrested for alleged financial fraud.

According to the source, the Vice Chancellor will be arraigned in court on Friday.

When contacted, the spokesman of the EFCC, Wilson Uwujaren, declined comment on the issue.

“I don’t have that information yet,’’ he said.

NAN reports that Oyewole was invited by the commission about two months ago following allegations of financial fraud in a petition by the university’s branch of the Senior Staff Association of Nigerian Universities (SSANU).

The News Agency of Nigeria (NAN) was established by the Federal Government of Nigeria in May 1976 to gather and distribute news on Nigeria and cover events of interest to Nigeria at the international level for the benefit of the Nigerian Media and the Public.

3 Comments

  1. Temi

    November 24, 2016 at 6:33 am

    WHAT A SHAME!!!! A BIG MAN ARRESTED.. BECAUSE OF MONEY PALABA.. ALL THIS IS SOCIETY PRESSURE TO APPEAR RICH, BE RICH, AND PRETEND TO BE WHAT YOU ARE NOT… PEOPLE NOWADAYS DONT HAVE NO SHAME OR DIGNITY.. IN THE NAME OF I HAVE THE MOST THIS, I HAVE THE MOST THAT… WOMEN ALSO GIVE MEN PRESSURE… I WANT THIS AND THAT.. MAKING THEM TO GO AND STEAL TO SATISFY.. THEIR NEEDS.. THE WORLD HAS TURNED TO UPSIDE DOWN NOW.. BECAUSE OF GREED, … OF I HAVE A NICE HOUSE, I HAVE A PROPERTY IN LONDON, SINGAPORE, THIS AND THAT… MY KIDS ARE GOING TO SCHOOL TO U.K OR TO U.S…. LOOK AT YOU NOW… ARRESTED BECAUSE OF FRAUD.. HOW CAN PEOPLE WALK AROUND NOWADAYS AND BE PROUD, WALKING IN THE STREETS IN DIGNITY.. WHEN YOU EMBEZZLED MONEY, WHEN YOU COMMITTED FRAUD?????? SITTING DOWN WITH BIG GOWNS, SHOKOTO ALL THAT…??? THE WORLD WE ARE LIVING IS A SHAMEFUL WORLD.. NOW THE PEOPLE WHO YOU WERE TRYING TO IMPRESS ( WIFE, CHILDREN, PARENTS, FRIENDS, NEIGHBORS) YOU SHOULD BE ASHAMED TO JUST THINK ONE MINUTE THEY HEARD THIS NEWS OF YOUR ARREST OVER FRAUD. THINK BEFORE YOU LEAP… WHAT YOU CAN ACHIEVE WITH YOUR CLEAN MONEY AND CONSCIENCE GO AHEAD AND DO IT. WHAT YOU CAN NOT ACHIEVE… THEN YOU CAN NOT ACHIEVE IT.. BY THE WAY: MONEY DOES NOT BUY YOU HAPPINESS OR CLASS , EVEN IF IT IS GAINED IN A CLEAN MANNER. LIVE AND ENJOY LIFE WITH THE LITTLE YOU HAVE.. AND STOP PRETENDING… TO BE OR TO HAVE WHAT YOU ARE NOT.

    • miini

      November 24, 2016 at 1:02 pm

      You better chill coz you really don’t know the story and with the way you typed all in capitals I’m afraid you might just pop an artery. Calm down ehn, it’s an allegation.

  2. Simeon Oluwasanmi

    November 24, 2016 at 12:59 pm

    Corruption is a pestilence in Nigeria which require serious surgical operation to correct. Until the structure is dismantled and start building from the foundation again, the monster called corruption will continue to flourish in Nigeria. How? My answer will be unpopular, but the truth is for that to happen Nigeria need honest but no nonsense dictator government to execute this kind operation. Without it, we shall be scratching the problem on the surface. Having said this, nevertheless kudos to Buhari , he is doing his best in the office he find himself.

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