EFCC arrests FUTA VC, Bursar

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The Economic and Financial Crimes Commission (EFCC) yesterday quizzed the Vice Chancellor, Federal University of Technology, Akure, Ondo State, Professor Adebiyi Daramola, and the Bursar, Emmanuel Ademola Oresegun.
Daily Trust gathered that they were quizzed at the Iyaganku, Ibadan office of the EFCC over alleged abuse of office and misappropriation of funds.

The vice chancellor allegedly drew furniture allowance annually, instead of once in four years as approved, and was paying himself housing allowance while residing in the university’s quarters, an EFCC source told Daily Trust yesterday.
It was further alleged that he diverted funds from various unrelated subheads to finance other projects without appropriate approvals.
Read more at http://www.dailytrust.com.ng/news/general/efcc-quizzes-futa-vc-bursar/165521.html#JbIDD9sgyiGUIoDD.99

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