Adebayo Ninalowo and LASU's vice-chancellor allegedly diverted N198 million from the contributory pension of the institution’s employees.
The Governor of Lagos State, Babajide Sanwo-Olu, has again reappointed Adebayo Ninalowo as the Pro-Chancellor of the Lagos State University despite his involvement in the controversial diversion of N198 million pension fund.
PREMIUM TIMES last year exposed how Mr Ninalowo and the institution’s Vice-Chancellor, Olanrewaju Fagbohun, illegally withdrew the huge sum from the contributory pension of the institution’s employees to purchase 12 luxury vehicles for members of its top echelon. Sources in the university told this newspaper then that the management decided to use a large chunk of the money for things with completely no correlation with that for which it was withdrawn.
The cars were distributed to top management members in the week of October 22, 2018, this newspaper findings revealed.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PDP Asks Sanwo-Olu to Sack LASWA Boss over Boat Mishaps - THISDAYLIVEThe Lagos State chapter of the Peoples Democratic Party (PDP) has asked Governor Babajide Sanwo-Olu to sack the management of Lagos State Waterways Authority (LASWA) over recent boat mishaps , which occurred in the state. In a statement issued yesterday by the PDP spokesperson in Lagos State, Mr. Taofik Gani, the main opposition party also …
Read more »
Boat mishaps: PDP asks Sanwo-Olu to replace LASWA boss
Read more »
Lagos boat mishaps: Sanwo-Olu told to sack LASWA boss immediately - Daily Post NigeriaThe Peoples Democratic Party (PDP) has asked Governor Babajide Sanwo-Olu to sack the management of Lagos State Waterways Authority (LASWA) over recent
Read more »
Lagos churches, mosques reopen Friday, bars, clubs stay closed –Sanwo-Olu|p style=
Read more »
Religious houses in Lagos to reopen on Friday - Sanwo-OluSundayHeadlines August 2nd, 2020 StaySafe TakeResponsibility 1. Religious houses in Lagos to reopen on Friday – jidesanwoolu 2. Boko Haram: We’re no longer safe – Shehu of Borno SundayMotivation Kingbiodun_
Read more »
Religious houses in Lagos to reopen on Friday - Sanwo-OluSundayHeadlines August 2nd, 2020 StaySafe TakeResponsibility 1. Religious houses in Lagos to reopen on Friday – jidesanwoolu 2. Boko Haram: We’re no longer safe – Shehu of Borno SundayMotivation Kingbiodun_
Read more »