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LAUTECH: KPMG to complete forensic audit Friday

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The Oyo State Commissioner for Education, Science and Technology, Professor Adeniyi Olowofela yesterday hinted that the management and unions of Ladoke Akintola University of Technology (LAUTECH), Ogbomoso  have acceded to call made by the two owner states to be audited as a way to resolve the limbering imbroglio rocking the institution. 

Speaking during a radio program held on a private radio station in Ibadan, Prof. Olowofela disclosed that KPMG is billed to complete the audit of LAUTECH not later than Friday, August 25, 2017.

According to him, activities are in top gear to ensure the school’s protracted crises are resolved, assuring that the report by the auditing firm will fast track the process to surmount the impending crises rocking the institution.

Olowofela also clarified that the state government’s establishment of Ibadan Technical University (Tech-U) is not to make it as preference over the LAUTECH. He noted that Tech U total school payment package stands at about N900, 000 saying that, while the University is built for people that have capacity to pay, there are modalities to resolve soon the crisis of LAUTECH whose tuition fee is affordable.

Also, speaking on some reasons for the protracted crisis, the Commissioner said there are some intricacies involved in the matter of LAUTECH.

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According to him, Osun State, which is a co-owner state to Oyo State has a university which is self-financing. “The position of Osun State government was that if Osun State university that was established 12 years ago can be self-financing, LAUTECH that has been established for twenty years plus must be self-financing as well especially now that there’s dwindling allocation to states from federal government”, he said.

Olowofela added that, to show the seriousness of both state governments towards the institution, the two state governments in January, 2017 committed N292 million each to solve the immediate problem of the school while the state governments later jointly approved the audit of the school by KPMG.

He also added that, between 2011 and 2017, the Oyo State government has single handedly spent 10.2 billion on LAUTECH University, N8.3 billion on LAUTECH Teaching Hospital, Ogbomoso and N3.7 billion on LAUTECH Teaching Hospital, Osogbo in Osun State.

Olowofela noted that if the state government is not serious about issue of LAUTECH, it would not have spent a whopping N22 billion on the institution.

 

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Crime & Court

EFCC nets 64 suspected internet fraudsters in Osun raid {Photos}

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Investigators of the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, made a significant breakthrough on Wednesday, as they apprehended sixty-four suspected internet fraudsters in Osun State.

The crackdown targeted Ede, Osun State, where the suspects were allegedly engaging in various fraudulent activities.

According to Dele Oyewale, the Head of Media & Publicity for the EFCC, the arrests followed actionable intelligence gathered by the agency.

Among the items seized during the operation were 18 exotic vehicles, 18 laptops, 112 mobile phones, three PlayStation games, five motorcycles, and a trove of incriminating documents.

These seizures underscore the scale and sophistication of the suspected cybercriminals’ operations.

The EFCC stated that the suspects will face legal proceedings once investigations are concluded.

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Nigerian Journalist Ojukwu Freed After 10 Days in Police Custody

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Nigerian Police authorities have released Daniel Ojukwu, the detained journalist with the Foundation for Investigative Journalism (FIJ).

Ojukwu, who went missing with his phone numbers switched off and whereabouts unknown to colleagues until it was found out he was detained by the police, regained his freedom on Friday.

“Daniel Ojukwu, the FIJ reporter who was abducted by men of the Intelligence Response Team (IRT) of the Inspector-General of Police, has regained freedom after 10 days in police captivity,” the FIJ wrote on its website about Ojukwu’s release.

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“Ojukwu went missing on Wednesday, May 1, his numbers switched off and his whereabouts unknown to colleagues, family and friends.”

He was detained for purportedly infringing upon the country’s Cybercrime Act, widely condemned as a means of censorship.

The journalist’s apprehension and subsequent relocation to Nigeria’s capital, Abuja, came after his coverage of suspected financial mismanagement totaling over N147 million ($104,600) implicating a senior government official, as reported by his employer.

A banner is displayed during a protest at the Force Headquarters in Abuja demanding the release of Daniel Ojukwu on May 9, 2024, Thursday. Credit: @BukkyShonibare

Following his arrest, friends, colleagues, and supporters rallied behind Ojukwu, demanding his release.

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I On Thursday, a coalition of media and civil society groups staged a protest at the Force Headquarters in Abuja, condemning his prolonged detention.

Addressing journalists, spokesperson Bukky Shonibare expressed concern over the escalating attacks on press freedom and the stifling of dissenting voices.

She emphasised that after nine days in detention, during which Ojukwu was allegedly arrested on the orders of the inspector general of police, the authorities were obligated to either press charges or release him unconditionally.

Upon Ojokwu’s release, an elated Bukky expressed gratitude on her social media handle, thanking Nigerians for their unwavering support.

“Daniel Ojukwu is free. Thank you, Nigerians,” she shared. “Thank you, everyone.”

 

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Crime & Court

N80bn Fraud Allegations: Court denies Yahaya Bello’s arrest warrant appeal

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Justice Emeka Nwite of the Federal High Court, Abuja, has stood firm on ensuring accountability in the case involving former Governor of Kogi State, Yahaya Bello, who faces allegations of fraud amounting to ₦80 billion by the Economic and Financial Crimes Commission (EFCC).

On April 23, the court-mandated the EFCC to serve Bello with the money laundering charges via his legal representative.

Justice Nwite emphasised the necessity for Bello’s presence in court, invoking Section 396 (2) of the Administration of Criminal Justice Act 2015, which mandates defendants to appear before filing any process.

Highlighting Bello’s disregard for previous court orders, Justice Nwite declared that no application from him would be entertained until he appeared in court.

Nwite added that even in the face of an allegedly illegal arrest warrant, Bello’s absence was deemed unacceptable.

Bello’s legal team, represented by Abdulwahab Mohammed, disclosed his intention to halt further proceedings until the Court of Appeal resolves a related case.

Mohammed pointed out that the appellate court had scheduled a hearing for May 20, underscoring the importance of awaiting its decision before proceeding.

 

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