Alleged N2bn fraud: Satan using ASUU against me – JAMB Registrar, Oloyede


The Registrar, Joint Admissions and Matriculation Board (JAMB), Prof Ishaq Oloyede, has reacted to allegations of corruption levelled against him.

Oloyede called his accusers liars, even as he threatened legal action against those he described as authors of the campaign of calumny against him and their willing collaborators.

Recall that the Academic Staff Union of Universities (ASUU) last Thursday petitioned the Economic and Financial Crimes Commission (EFCC) Ibadan Zonal office, alleging over N2 billion fraud against Oloyede and current Vice Chancellor of University of Ilorin, Professor Abdulganiyu Ambali.

Oloyede, who served as Secretary-General of the Nigerian Supreme Council for Islamic Affairs (NSCIA), was a former VC of UNILORIN.

Oloyede said he took the approach to respond to claims by his accusers based on three reasons.

It reads: “The first count is one wouldn’t bite a dog simply because a dog has bitten one.

“The second is that as the issue was claimed to have been reported to the EFCC, which has the means to take the right course of action after establishing the prima facie of the case brought before it.

“The third is the need to twart the satanic objective of distracting me from a national assignment which they protested but failed”.

The JAMB boss explained that the Pension Act of 2004 provided that 7.5 per cent of emoluments should be deducted from staff salaries and remitted into their pension accounts with Pension Funds Administrators (PFAs).

He said most universities, including UNILORIN based the calculation on basic salary and transport allowance as this was the case between July 2004 and December 2006 before he became vice-chancellor.

“I know no PFA and if salaries were deducted and saved in employees’ account, I would not be the beneficiary,” Oloyede added.

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