Financial Mismanagement: Ex-OAU VC Elujoba,Bursar Remanded In Prison

An Osun State High Court sitting in Ede on Friday ordered the immediate past Vice Chancellor of Obafemi Awolowo University (OAU), Ile Ife, Professor Anthony Elujoba to be remanded in the custody of the Economic and Financial Crime Commission (EFCC).

Elujoba who was duck along with bursar of the institution, Mrs. Josephine Akeredolu.

They were arraigned before the court over alleged allegation of corrupt practices and financial improprieties in the university.

The presiding Judge, Justice David Oladimeji gave the order that the suspects be further remanded in EFCC custody.

The anti-graft agency had on Wednesday arrested Professor Elujoba alongside the bursar of the school Josephine Akeredolu on alleged Financial corruption and abuse of office.

Professor Elujoba and Mrs Akeredolu were arraigned on a 7-count charge of intent to steal money belonging to the institution and conspiracy to defraud the school among others.

The defence lead Counsel Ibrahim Lawal who had earlier filed a bail application, pleaded with the court not to grant the prosecution prayer to remand the defendants in Ilesha Prison, but in EFCC custody pending the hearing of the application.

Justice Oladimeji answered the prayer of the defence counsel and ordered that Professor Elujoba and Mrs Akeredolu be remanded in EFCC custody pending bail application hearing next Tuesday.