EFCC Arrests Bisi Akande’s Brother for Fraud

Fri, Jun 17, 2016
By publisher
5 MIN READ

BREAKING NEWS, Crime, Featured

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THE Economic and Financial Crimes Commission, EFCC, has detained the younger brother to Chief Bisi Akande, the former Interim National Chairman of the ruling All Progressives Congress, APC, and Part-Time chairman of the Osun State College of Education OSSCE, Ila-Orangun, Oyeniyi Akande over an alleged illegal diversion of over N.3billion public funds approved for the construction of Amphitheatre (Lecture Theatre) and other valuable projects of the institution.

The arrest of Akande was as a result of the Petition Letter dated Monday 21st March, 2016 and signed by Comrade Adeniyi, Alimi Sulaiman of an Osun State based Civil Society Organization, CSO, the Civil Societies Coalition for the Emancipation of Osun State, CSCEOS, which was forwarded to the acting executive chairman of the EFCC, Ibrahim Magun over the subject matter.

It would be recalled that the agency has commenced the investigation into the alleged illegal diversion of over N.3billion public funds approved for the construction of Amphitheatre (Lecture Theatre) and other valuable projects in the Osun State College.

Aside Akande who was the suspect in the matter, other alleged in the fraud are; College Registrar, Aderiola Adeoti, former Bursar(now Bursar College of Education, Ilesa), Akin Latilo, College former Acting Provost, Basiru Gbadamosi and a member of the Governing Council, David Olayinka Olojede.

Other involved in the alleged diversion of Project funds were;  Oyegbade Reuben Abayo,  Amobi Yinusa Akinlola, Ayoola Peter Olajiola,  Moses Oyewole Otitoola, Mr. Kujeunbola Oluwafemi, Dr. Omotosho Adeleke and Dr. Adeleke Sulaiman Ajala.

A reliable source from the Ibadan Zonal Office of the EFCC, revealed that the College Provost, Professor Isaac Oyewole led the College team to the EFCC office on Monday and Wednesday this week before Akande was detained for further investigation into the alleged fraud before they would face the wrath of the law.

It was also learnt that the agency had concluded arrangement to invite the remaining culprits in the saga by next week for further interrogation.

The close source from the College on Friday, said that the College community has been thrown into confusion over the where about of the Governing Council Chairman since Wednesday which they left the shore of the College to Ibadan.

To compound the issue, the Provost of the College, professor Oyewole who were supposed to declare the where about of Akande to the College management refused to do so until the close associate of Akande that went to Ibadan to see him, informed the certain set of People that “Baba as Oyeniyi Akande use to be called, said Baba has been detained in the Ibadan office of the EFCC since Wednesday”.

The source also closed to the College informed that the College Governing Council Chairman, Provost and Registrar respectively had held marathon meeting last Friday for almost five hours at Ogunlade Guest House of the institution ahead of this week appearance at the Ibadan Zonal office of the EFCC, adding that the college former Acting Provost, Dr. Busari Gbadamosi has recently returned the sum of N10million out of the project funds in question to the College management, noting that Dr. Gbadamosi had concluded plan to reveal the truth of the whole matter and other related issues before the anti-graft body so as to help the agency on its investigation to unravel the whole saga.

This was contained in a statement issued by the CSCEOS’s directorate of Media and Strategy, which was made available to newsmen on Friday, Comrade Sulaiman disclosed that out of the sum of One hundred and seven Million naira (N107m) first payment released to the Skye Bank, Ring Road Ibadan branch Account Number:1771403093 of the Digitpro Engineering Technology Ltd, Ibadan, being the part of mobilization fees for the construction of a Lecture Theatre (Amphittheatre), sum of N41,093,694.36 on March 4th, 2014 were diverted to the Fidelity Bank Plc Account Number:5600078243 with Cheque Number:00000005 of De Capstone Ltd where Mr. Akande had vested interest.

According to CSCEOS: “ As third eye of the people, it is our responsibility and right to expose every yoke of corruption in our society as stipulated in the Sections 15 sub-section(5) and 24 sub-sections (1e) of the amended 1999 constitution of the Federal Republic of Nigeria. According to the Biblical statement that “Seek and Ye shall find, ask and it shall be given onto ye” and “for there is nothing hidden that shall not be revealed”. We all know that it is an abominable for a leader to betray the trust of her people which is against the teaching of Prophet Muhammed (May the Peace of Allah be upon him)”.

While appreciating the efforts of the anti-graft body to free our society from shackle of corrupt practices and assurance that the EFCC would do justice to the group’s petition without fear or favour, Sulaiman advised the Osun State government under the watch of Mr. Rauf Aregbesola to purge Mr. Akande and his co-travelers that were currently facing the trial over an alleged N.3billion fraud out of the institution before they destroyed the citadel of learning, adding that “Law is no respecter of anybody”.

—  Jun 17, 2016 @ 17:30 GMT

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