EFCC Arraigns Former OAU Vice Chancellor, Bursar Over N1.4bn Fraud

The defendants were arraigned following a petition alleging that Elujoba, alongside the Bursar, diverted the sum of One Billion, Four Hundred Thousand Naira from the University’s Fixed Assets and Endowment Fund without approval from the Federal Ministry and Governing Council of the University to pay some unapproved allowances from which he paid himself N7m (Seven Million Naira)furnitureallowance. Justice Oladimeji adjourned the case to 11 July, 2017 for hearing of the bail applications. Meanwhile the court ordered that the defendants be remanded in the EFCC custody.]]>

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