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Ondo-Owned University Students’ Union Leaders In Alleged Multi-million Naira Fraud



Six former executives of Adekunle Ajasin College, Akungba-Akoko (AAUA) College students’ Union have accused the rapid previous President, Obagunwa Oluwasegun of misappropriating over two million naira (N2,000,000) funds disbursed by the administration.


The scholars’ leaders in a petition sighted by SaharaReporters accused Obagunwa and former Senate President, Amodu Abiola of becoming a member of palms to defraud the union.

The petition was signed by Comrade Akkinlalu Funmilola, ex-Vice President; Comrade Taiwo Oluwagbogo, ex-Normal Secretary; Comrade Adegbeyeni Oluwafemi, ex-Public Relations Officer; Comrade Oseni Ridwan, ex-Welfare Director; Comrade Emoruwa Ade, ex-Social Director and Comrade Adelowo Adebayo, ex-Sports activities Director.


In keeping with the petition submitted to the workplace of the Dean of College students’ Affairs, Professor Olusegun Akanbi, the executives accused Abiola of utilizing his workplace to approve pointless budgets for private acquire.


The accusation comes a couple of months after SaharaReporters uncovered how Obagunwa and Amodu hoarded the aid palliatives meant for the victims of accidents that occurred in early 2021.


Within the petition, Obagunwa allegedly illegally withdrew 100 thousand (N100,000) from the union’s account and tagged it “accepted price range for condolences go to to the bereaved” whereas it was the Vice-Chancellor, Professor Olugbenga Ige that sponsored the visits. 

It was mentioned that the union didn’t sponsor any condolence go to and neither had been funds launched for the go to to the bereaved household of January 23, 2020, Dangote truck accident that occurred on the college gate and claimed the lives of scholars. 


They said that Senate President Amodu has “been became a puppet by the President” and is getting used as an instrument to misappropriate union funds whereas neglecting his duties of checking the excesses of the union executives.


The previous executives mentioned, “We had been bullied, witch-hunted and threatened a number of instances as a result of we remained uncompromising to the pursuits and expectations of each AAUA pupil who entrusted us with energy to characterize them as union leaders.


“President Obagunwa obtained a sum of seventy-six thousand naira (N76,000) for the development of a billboard, however he by no means carried out the venture. The workplace of the Monetary Secretary, Oni Samuel, bought eighty thousand naira (N80,000) whereas Senate President Amodu bought 100 and eighty-two thousand naira (N182,000) for unknown causes.


“Different pointless funds disbursed embrace: forty-five thousand naira (N45,000) accepted for laundry the SRC robes; over 2 hundred thousand naira (N200,000) for SRC dinner; the treasurer, Alabi Emmanuel bought 100 and fourteen thousand naira (N114,000) for his personal workplace. Different executives who refused to bow to the strain of the President weren’t allowed to hold out their official duties by declining their budgets.”



The petition said that the rapid union President “personally wrote and bought approval for the price range of workplaces designated to him and misappropriated the funds… sidelined different govt members who weren’t able to compromise in embezzling the union funds.”


Amodu accepted budgets on WhatsApp which is towards the structure of the union and with out correctly notifying different SRC senators which he heads.


Obagunwa allegedly bought the tv set and different home equipment within the workplace of the union president with out being changed.


Amodu signed and accepted a price range of seventy thousand naira (N70,000) for the restore of the union bus however the cash was embezzled and the bus was by no means repaired, it was learnt. 


SaharaReporters obtained a replica of the 100 and eighty-eight thousand naira (N188,000) price range written by the previous union president for the Nationwide Affiliation of Nigerian College students in South-West (NANS Zone D) debate. The letter was addressed to the Vice-Chancellor, Professor Ige by means of the then Dean of College students’ Affairs, Dr. Owolewa Olusegun, searching for monetary help for the 2 representatives to characterize AAUA on the NANS Debate that befell in March 2021 in Lagos.


The VC disbursed cash for the controversy. It was learnt that Obagunwa offered one other price range of N188,000 for the NANS Debate to the SRC and it was accepted by Senate President Amodu. The workplace of the Vice President who’s constitutionally in command of educational affairs and in the perfect place to current such a price range was not carried alongside.


“Obagunwa obtained two budgets for a similar competitors beneath the guise of NANS Debate, however refused to sponsor the 2 AAUA representatives as written within the price range. Info revealed that the organisers of the Debate offered lodging and different logistics for all members besides interstate journey. The funds had been mismanaged and never used for the aim for which they had been withdrawn by the Union President,” the petition learn.


Obagunwa was additionally accused of not presenting the assertion of account regardless of calls by the SRC Senators and college students for him to take action.


The previous executives said of their petition that the administration ought to launch an investigation into the alleged fraudulent actions of each Amodu and Obagunwa.


“We go away our case with the administration, who could select to hold out an intensive investigation into the fraudulent practices that had been carried out in a college rated finest state college in Nigeria,” they added.

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