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Thursday, 6 October 2016

VC ( vice Chancellor) and Bursar of FUTA arrested By EFCC.

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The vice chancelor of federal university of Technology Akure in ondo state professor Adebiyi Daramola together with the Bursar Adebola oresegun have been withheld in line with Abuse of office and mismanagement of fund which was report by Duo.

Now in accordance of the petition which was submitted it reads that the VC and the BURSAR has been into :
“Corruption, Fraud, Criminal Breach of Trust, Unlawful Enrichment and Conversion of Millions of Naira of the University."

It was also said by the reporter that the VC take furniture allowance very year when it  suppose to be taken once in 4 years and he also fraudulently collect housing allowance while he lives in VC quarters .
He also diverted some funds from the university without appropriate approvals .
Right now the VC and the Bursar are under interrogation with EFCC.

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