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ASUU to EFCC, ICPC:  Make public fraud investigation reports on UNILORIN.

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THE Academic Staff Union of Universities (ASUU), Ibadan Zone has raised an alert over alleged attempt by the University of Ilorin management to sack the chairman and secretary of the branch for whistle-blowing on corruption in the university.

It asked EFCC and ICPC to make public results of their investigations on the whistle blowing of the union against the University of Ilorin.

The union further called on the Acting President, Professor Yemi Osinbajo, the Minister of Education, Adamu Adamu as well as the Chairman Governing Council to call the University management to order before plunging the university to another legal crisis.

It urged the Acting President to ensure that the University of Ilorin is not treated to be above the law by the Buhari-led government.

This was contained in a press statement issued in Ibadan after the Zonal meeting of the Union signed by the Zonal Chairman, Dr Ade Adejumo and Dr Deji Omole, Chairman University of Ibadan Chapter.

They noted that it was shocking the federal government seems to choose to prosecute only whistle blowing adding that the anti-corruption can be seen to be selective in prosecution if only those perceived enemies of the government are prosecuted after whistle blowing.

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The duo of UNILORIN ASUU chairman and Secretary, Dr Kayode Afolayan and Dr Solomon Oyelekan respectively had been suspended for four months for signing a document on behalf of ASUU and presenting same at the EFCC and ICPC on alleged corruption and fraud being perpetrated.

“The University of Ilorin Administration is bent on terminating the appointment of Union officials critical of its corruption, lawlessness, dictatorialness and disregard of democratic norms. The union is hopeful that the new Chairman of Council of UNILORIN, Dr. Jubril Oyekan will act positively to prevent the University from sliding down further and being drawn into another round of tussle with our union. We believe he would not be part of a grievous scandal of a Council submitting to the whims of the Administration and terminating the appointments of scholars because they blew the whistle on the wife of the Vice Chancellor or because they alerted the same Council to corrupt practices in the institution. In the meantime, we again call on the relevant agencies to furnish members of the public with the result of their investigations on the petitions submitted by the union. We call on the Visitor to the University and other supervising agencies to prevail on this public institution to stop the continuous harassment of critical voices of dissent.”

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Expressing confidence of a positive response to its call, ASUU called for cessation of harassment and victimization of members of the union who are speaking truth to power.

“After series of attempts by the union to make the university return to the path of decency, the union had no choice than to file petitions before the EFCC, ICPC, CCB and the Visitor to the University over the monumental infractions that have become endemic in the University of Ilorin. Also recently, in a three part investigative report, The Nation newspaper of March 14, 15 and 16 2017 brought out many of the gory details of the UNILORIN anomaly in graphic terms. In addition, the immediate past and the current administration have been exposed as corrupt, nepotistic and lawless. To say the least, the university can no longer be regarded as a university in the proper meaning of the word.

“On February 6 the Branch of the Union in the University of Ilorin drew attention to the malfeasance of the VC employing his wife, Mrs Toyin Ambali under shady circumstances and promoting her within a year instead of the three years allowed by regulation. Rather than retrace his steps, the Vice-Chancellor, apparently to avenge the exposure of his wife directed that the Chairman and Secretary be issued with a query.”

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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