Ondo anti-graft agency probes diversion of N800 million OSOPADEC fund

The Ondo State Public Complaints Financial Crimes and Anti-Corruption Commission has launched an immediate investigation into the alleged diversion of N800 million worth of shares in the Ondo State Oil Producing Development Area Commission (OSOPADEC).
Adewole Adeyeye, the secretary of the anti-graft agency, disclosed on Tuesday in Akure that the shares were allegedly spent by former board members of the commission.
Mr Adeyeye failed to name the identity of the past board members but noted that they are currently being probed for their involvement in the malfeasance.
“The shares were diverted and shared by some past board members of the commission to the individual ownership,” he said briefly at an event.
Also, the anti-graft confirmed the case of an environmentalist, Femi Ibikunle, who is being probed for financial racketeering, accused of failing to pay over 200 workers of his company.
The workers, mostly cleaners at the state government-owned University of Medical Sciences (UNIMED), were owed over seven months’ arrears with N12,000 monthly pay.
Mr Adeyeye said the commission got wind of the case through whistleblowers who reported the fraud going on in the company.
While explaining that it would ensure proper investigation, the secretary of the anti-graft said justice would be served to anyone found guilty in the cases.
“So, permit me not to go into details of the cases because we are still going on with our investigation,” he added.
Earlier, two ex-workers of Mr Ibikunle had revealed how they started their jobs as cleaners in the company.
Victoria Iyanuoluwapo and Olamide Alade said they decided to leave the job following the insistence of Mr Ibikunle that he could not pay their salaries.
“And we did not want to take the law into our hands, so we have to report his case,” Ms Alade said.
Last year, the commission’s chairman, Williams Akintoroye, said the anti-graft agency received 36 petitions in the seven months.
Mr Akintoroye revealed that petitions included written and oral complaints and cover cases involving government officials under investigation.
He stressed that all complaints before the commission are properly scrutinised, adding that the commission is fully committed to transparency and impartiality.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Politics
‘I hereby endorse Tinubu for second term in 2027 presidential election,’ Gov Adeleke declares
“My support is just based on the fact that he is a Yoruba man and he’s from the South-West…I will go all out for President Tinubu in 2027,” said Governor Ademola Adeleke.

States
Gov Idris drops Abubakar-Tafida, picks ex-finance commissioner as running mate
Governor Nasir Idris has replaced his deputy, Umar Abubakar-Tafida, with ex-finance commissioner Ibrahim Muhammad-Augie as his running mate for the 2027 governorship election.

Opinion
Osun election shows all is not fair in Nigerian politics
The Osun governorship election has now provided an important measure of where Nigeria stands.

States
14 kidnap victims rescued in Kogi, Plateau operations: Army
The troops had launched a search-and-rescue operation after the victims were kidnapped on Tuesday.

States
19-year-old girl under pressure to start having children allegedly steals newborn baby
According to the police, the suspect was under pressure to have a child, as some of her peers had already given birth.

Politics
Makinde congratulates Adeleke, urges INEC to conduct credible 2027 elections
The off-cycle election is a litmus test for the 2027 general election, according to Mr Makinde, who urged the commission not to let Nigerians down in 2027.






