Sunday, 27 August 2017

Controversy in Federal Polytechnic Offa over N26.8m cooperative fund



Success Nwogu arguing is raging within the Federal polytechnic institute, Offa, Kwara State over the add of N26.8m, haymaker has learnt. The President of the Cooperative, Thrift and Credit Society of the establishment, Dr. Ademola Ebeloku, and therefore the Chairman, Implementation Committee of the cooperative, Dr. Emiola Olawale, alleged that their predecessors mismanaged and didn't reimburse the cash. They spoke to journalists on weekday on the sidelines of the normal general meeting of the cooperative society in Offa, Kwara State. Ebeloku aforesaid, “
Controversy is raging within the Federal polytechnic institute, Offa, Kwara State over the add of N26.8m, haymaker has learnt.

The President of the Cooperative, Thrift and Credit Society of the establishment, Dr. Ademola Ebeloku, and therefore the Chairman, Implementation Committee of the cooperative, Dr. Emiola Olawale, alleged that their predecessors mismanaged and didn't reimburse the cash.

They spoke to journalists on weekday on the sidelines of the normal general meeting of the cooperative society in Offa, Kwara State.

Ebeloku aforesaid, “The main issue is a way to recover the society’s cash from the immediate past trustees, particularly the previous president, as a result of as of nowadays, the surplus cash with the past trustees is as follows: President, Mr. Folorunsho Wasiu, N23,441,282.74; money handler, Mr. Samson Adekunle, N2,273,695.35; and Secretary, Mr. sausage Nurudeen, N1,095,885.69.

“Apart from the on top of, there have been alternative mismanaged funds that increased to the on top of trustees, that was reportable to the CTCS Investigation and Technical Committee in August 2016.

“The efforts of the current govt have proven futile.The presence of the freelance Corrupt Practices and alternative connected Offenses Commission during this establishment someday in might 2017 has yielded no fruit as a result of no action has been taken since then, to the most effective of our data. It got to be noted that every one the monies with immediate past trustees ar half and parcel of cooperators’ savings and shares.”

But Wasiu, United Nations agency spoke on behalf of the opposite past trustees, said, “During the amount of our spot, we tend to engaged in activities to raised the lives of the members of the cooperative by shopping for land, electronic gadgets and cars that the members received.

“The 1st group action of cars was done throughout the amount of my precursor. we tend to bought and distributed some Mercedes Benz cars to a number of our workers that that they had to pay back inside twenty four months. when the expiration of that tenure, I became the president and that we commenced another business.

“In the course of the business, a employee came to my workplace and aforesaid he knew regarding the business which he needed US do it; that he had a brother in London, United Nations agency ordinarily sent cars to him. He asked a number of the workers to write down out the specifications of the cars they needed to shop for, supported with proof of ability to pay, that is, the payslips. after we got the cars, a number of them failed to match the specifications. that cash was over N10m at the time.

“He aforesaid he would bring another set of cars for US. we tend to believed him since he was a employee, not knowing that he was telling lies. Meanwhile, some suppliers came from Osogbo and aforesaid all the cars that were equipped to US were collected by the person which he was owing them regarding N10m, thus we should always pay. They additional aforesaid if we tend to failed to pay, they'd arrest US and collect all the cars from our members.

“We failed to wish him to tarnish our image. we tend to contacted our colleague United Nations agency equipped the cars and he aforesaid the allegation was true. we tend to told him we tend to had to pay however he ran away.

“When the congress of the cooperative asked US however we tend to were planning to pay, I aforesaid I had a building which I already had a primary loan that was collected by several staff; that the loan would be serviceable this August. I told them that as presently because the loan was cleared, i might increase my compensation from N100,000 to N200,000.

“Not glad, they visited the ICPC; the commission invited US and spent regarding 3 days investigation US, longing our books. They aforesaid it had been attributable to our negligence which we should always repay the cash. we tend to united ANd gave them an enterprise that we'd be paying N100,000 monthly which once my 1st loan was cleared, i might repay N200,000 monthly. They aforesaid that I ought to bring a surety, that I did and that they collected his passport. I failed to victimize the cooperative. I even have even been repaying the cash that I failed to pay.”

Controversy is raging within the Federal polytechnic institute, Offa, Kwara State over the add of N26.8m, haymaker has learnt.

The President of the Cooperative, Thrift and Credit Society of the establishment, Dr. Ademola Ebeloku, and therefore the Chairman, Implementation Committee of the cooperative, Dr. Emiola Olawale, alleged that their predecessors mismanaged and didn't reimburse the cash.

They spoke to journalists on weekday on the sidelines of the normal general meeting of the cooperative society in Offa, Kwara State.

Ebeloku aforesaid, “The main issue is a way to recover the society’s cash from the immediate past trustees, particularly the previous president, as a result of as of nowadays, the surplus cash with the past trustees is as follows: President, Mr. Folorunsho Wasiu, N23,441,282.74; money handler, Mr. Samson Adekunle, N2,273,695.35; and Secretary, Mr. sausage Nurudeen, N1,095,885.69.
“Apart from the on top of, there have been alternative mismanaged funds that increased to the on top of trustees, that was reportable to the CTCS Investigation and Technical Committee in August 2016.

“The efforts of the current govt have proven futile.The presence of the freelance Corrupt Practices and alternative connected Offenses Commission during this establishment someday in might 2017 has yielded no fruit as a result of no action has been taken since then, to the most effective of our data. It got to be noted that every one the monies with immediate past trustees ar half and parcel of cooperators’ savings and shares.”

But Wasiu, United Nations agency spoke on behalf of the opposite past trustees, said, “During the amount of our spot, we tend to engaged in activities to raised the lives of the members of the cooperative by shopping for land, electronic gadgets and cars that the members received.

“The 1st group action of cars was done throughout the amount of my precursor. we tend to bought and distributed some Mercedes Benz cars to a number of our workers that that they had to pay back inside twenty four months. when the expiration of that tenure, I became the president and that we commenced another business.

“In the course of the business, a employee came to my workplace and aforesaid he knew regarding the business which he needed US do it; that he had a brother in London, United Nations agency ordinarily sent cars to him. He asked a number of the workers to write down out the specifications of the cars they needed to shop for, supported with proof of ability to pay, that is, the payslips. after we got the cars, a number of them failed to match the specifications. that cash was over N10m at the time.

“He aforesaid he would bring another set of cars for US. we tend to believed him since he was a employee, not knowing that he was telling lies. Meanwhile, some suppliers came from Osogbo and aforesaid all the cars that were equipped to US were collected by the person which he was owing them regarding N10m, thus we should always pay. They additional aforesaid if we tend to failed to pay, they'd arrest US and collect all the cars from our members.

“We failed to wish him to tarnish our image. we tend to contacted our colleague United Nations agency equipped the cars and he aforesaid the allegation was true. we tend to told him we tend to had to pay however he ran away.

“When the congress of the cooperative asked US however we tend to were planning to pay, I aforesaid I had a building which I already had a primary loan that was collected by several staff; that the loan would be serviceable this August. I told them that as presently because the loan was cleared, i might increase my compensation from N100,000 to N200,000.

“Not glad, they visited the ICPC; the commission invited US and spent regarding 3 days investigation US, longing our books. They aforesaid it had been attributable to our negligence which we should always repay the cash. we tend to united ANd gave them an enterprise that we'd be paying N100,000 monthly which once my 1st loan was cleared, i might repay N200,000 monthly. They aforesaid that I ought to bring a surety, that I did and that they collected his passport. I failed to victimize the cooperative. I even have even been repaying the cash that I failed to pay.”

No comments:

Post a Comment