Business, News, Society

OAU Denies N1 Billion Allegation

Obafemi Awolowo University (OAU), Ile-Ife spokesman, Mr. Biodun Olarewaju has denied the N1 billion fraud allegation rocking the institution: “The acting VC, Prof. Anthony Elujoba has been invited by the EFCC to come and make some clarification and as a law abiding citizen, he will attend. Afterwards, we will know what to do.”

“The fund used to pay the allowances cannot amount to misappropriation. The said money was not attached to any project or anything. It was just in the account.  And, of course, when the life of a member of the staff of the university was threatened by those who are agitating for the payment, the acting VC had to save the situation by paying the allowances to douse the tension.”