EFCC takes Vice Chancellor of FUTA to court
The Economic and Financial Crimes Commission, EFCC , on Tuesday in Akure arraigned the Vice Chancellor Of the Federal University of Technology, Akure, (FUTA), Gregory Daramola, over allegations of fraud to the tune of N24 million. The Vice Chancellor was arraigned along with the school’s bursar, Ayodeji Oresegun, for offences of misappropriation of public funds, misuse of office, and obtaining money under force pretense among others. While Mr. Daramola is facing a nine-count charge, his co-accused is facing a two-count charge of mishandling unpaid funds and fixing funds without due process. According to the charges, the vice chancellor and the bursar conspired “on or about 21 January, 2015 with intent to defraud to wit illegally place on fixed deposit the money of the Federal University of Technology Akure in a WEMA bank account No 1300002035.” They were also accused of abuse of office. “That you Prof. Adebiyi G. Daramola on or about 2nd September, 2016 at A...