Scores of youths and students from Ekiti State, under the umbrella of Nigeria Youths Coalition, on Wednesday stormed the regional head office of the Economic and Financial Crimes Commission, EFCC in Ibadan, Oyo State to protest alleged financial misappropriation at the Federal University, Oye Ekiti, Ekiti State.
The youths, led by Comrade Shina Awopeju, Coordinator, and Comrade Tetteh Ebenezer, Secretary, handed over copies of alleged financial misappropriation to the officers at the commission, with a vow to ensuring accountability and transparency in the running of the institution founded about four years ago.
Specifically, they urged the EFCC to look into the financial books of the institution and investigate approvals on some “perceived dubious financial activities” carried out under the watch of the institution’s Vice-Chancellor, Prof. Kayode Soremekun.
The youths, with their placards, addressed newsmen and catalogued five different allegations against the vice chancellor of the institution.
The allegation, according to the petition, includes the illegal purchase of Prado jeep at the inflated price of N25 million each; purchase of two Nigeria-used Toyota Camry (2006 model) at the sum of N5.25 million; and four Toyota Camry at N10.5 million.
The allegation also includes payment of N40.1 million into a bank account belonging to Kodelac Nigeria Limited in Ile-Ife, Osun State without following procurement guidelines.
The youths also alleged that N19.1 million was paid twice for a two-block laboratory at Ikole campus of the institution.
According to the group, N1.98 million was paid into an unknown account operated by the University with a commercial bank for an unknown contract.
The petition also revealed that a Tokunbo CRV car was purchased at N23.9 million for the Governing Council Chairman of the institution, which the chairman rejected.
The coordinator of the group dismissed a reporter’s probe that they were being used by some group of people to wrest power from the Vice Chancellor of the institution, saying the move was their support for the anti-corruption crusade of the Federal Government.
Reacting via a telephone interview, Soremekun dismissed the allegations, saying they are all lies.
He said: “It is all lies.
“We are under investigation by the EFCC and ICPC already.
“If they have good intention, why going that far?
“It was the handiwork of one of the principal officers of the institution who was suspended.
“The petition has been flying around for sometimes now.”