Governor Ademola Adeleke of Osun has set up a three-man committee to probe the alleged misappropriation of N200 million at the state-owned college of education, Ila-Orangun.

The governor’s media aide, Olawale Rasheed, stated on Tuesday in Osogbo that Mr Adeleke directed the committee to examine the allegation and ensure an amicable resolution of the crisis it had generated.

Members of the committee are Kazeem Akinloye, the chief of staff to the governor; Teslim Igbalaye, Secretary to the State Government; and Oluwole Adedipo, Commissioner for Education.

The college’s Provost, Jimoh Afolabi, and the chairman of its governing council, Peter Babalola, had been trading accusations over the alleged mismanagement of the N200 million belonging to the college.

The money was allegedly mismanaged within five months of the council’s inauguration by a third party working within the institution.

The governor, who said he had been briefed about the conflict between the school management and its governing board, asked the committee to call a meeting of both parties.

“It is to review all issues, including alleged financial malpractices within the college system and propose a comprehensive accountability and transparency system.

“Let me warn that anybody implicated in any wrongdoing, financial mismanagement or corrupt conduct will face heavy sanctions.

“The committee is expected to report its findings and recommendations to the governor within two weeks,’’ Mr Rasheed quoted Mr Adeleke as saying at the committee’s inauguration.

(NAN)