Vice Chancellor, Federal University of Technology (FUTA) Akure, Professor Adebiyi Daramola and the Bursar, Emmanuel were on Wednesday quizzed by the Economic and Financial Crimes Commission (EFCC).
Mr Ayo Oyewole, Head of Public Affairs, EFCC, Ibadan Office, told NAN on Wednesday that the commission quizzed the two men based on the petition it received against them.
He said that the duo were alleged to be involved in corruption, fraud, criminal breach of trust, unlawful enrichment, conversion of millions of naira belonging to the university.
Oyewole said that the Vice Chancellor allegedly received furniture allowance annually instead of once in four years as approved.
He added that Daramola was also accused of paying himself housing allowance while residing in the University’s Vice Chancellor’s Quarters.
He said that the petition also alleged that the VC diverted funds from various unrelated subheads to finance other projects without the appropriate approvals for such virement.
NAN reports that the duo are still being interrogated at the time of this report.
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