JAMB Registrar, Prof. Ishaq Oloyede Accused Of N3.5 Billion Fraud

Filed in JAMB UTME | By NGSchoolz Staff | Last Modified:

Joint Admissions and Matriculation Board, JAMB Registrar, Prof. Ishaq Oloyede Have Been Accused Of N3.5 Billion Fraud.

JAMB Registrar, Prof. Ishaq Oloyede Have Been Accused Of N3.5 Billion Fraud

Report has it that the current JAMB boss, Prof.Ishaq Oloyede (who is the immediate past VC of Unilorin) and the incumbent, Vice chancellor of the University of Ilorin, Prof. Abdulganiyu Ambali have been accused of N3.5 Billion fraud.

This followed petition by the Academic Staff Union of the Universities, chapter of the University to EFCC.

According to the petition which was titled: “Complaint of fraudulent practices by Professor IO Oloyede and Professor AG Ambali as immediate past and current vice chancellors respectively of the University of Ilorin: Pension fraud and other financial and economic crimes,” the duo were said to have been involved in pension fraud, unremitted deductions, extortion from students, contract inflation and kick-backs; as well as unlawful payments to ex-principal officers of the university

The JAMB Boss has however denied the accusations stating that he operated a transparent system within the period he served the university as vice chancellor. He called on the anti- graft agency, EFCC, to investigate the allegations and take necessary action after establishing the truthfulness of the case brought before it by the union.

With this new development, Candidates awaiting the announcement of 2017 UTME registration can only pray and hope that this does not slow down the pace of things.

We Believe This Article Was Helpful, Don’t Hesitate To Share This Information With Your Friends On Facebook, Twitter, Whatsapp and Google plus.
Copyright Warning: Contents on this website may not be republished, reproduced, redistributed either in whole or in part without due permission or acknowledgement. All contents are protected by DMCA.
The content on this site is posted with good intentions. If you own this content & believe your copyright was violated or infringed, make sure you contact us via This Means to file a complaint & actions will be taken immediately.

Enter your email below to get free and fresh content delivered automatically each time we publish. We respect your Privacy. You're Safe! No Spam Either!


Leave a Reply

Your email address will not be published. Required fields are marked *