EXCLUSIVE:How Department of Local Government President Singlehandedly Embezzled Over 0.5Million Naira

By Farombi Oluwaseun

The National Association of local government Students (NASLOGOS),OAU Chapter has been thrown into Chaos as the President of the aforementioned association has  been accused of embezzling over 0.5million naira,part of the association generated fund.

The embattled President of the association is  Akinkunmi Sodiq Opeyemi popularly known as Hon SDQ. He is a part 4 student of the department of local government studies, Faculty of Administration.
He was alleged to have embezzled association fund through  annual due,  income from freshers party,etc

OAU Peeps News Agency was able to  confirm that the fraudulent act was made possible by the president through making himself the only signatory to the association"s account without involving the financial secretary which is contrary to the constitution of the department.

Upon thorough investigation, OAU Peeps News Agency gathered that the embattled President collected some annual due in cash and refused to remit into the association"s account which amounted to the sum of #386,200(three hundred and eighty six thousand, two hundred naira). He also  behind the staff adviser &  without the approval of the Head of Department withdrew #107,000 from the association account and also refused to remit #49,000 which was part of the income generated during freshers' party.

 Furthermore,it was gathered that  the staff adviser approved a withdrawal of #51,000 early this year but the "constituted authority", Hon SDQ changed the approved money to #61,000 before getting to the Head of the Department for approval having #10,000 collected fraudulently. He also claimed to have #13,000 to balance the souvenir contractor of which the staff adviser has approved a sum of #117,000 for souvenirs over three months ago which he has failed to produce.

As at the time of filing this report,the  embezzled sum has been totaled to #565,200( Five hundred &sixty five thousand,two hundred naira only).

Speaking with OAU Peeps News Agency on phone conversation, the Public Relations Officer of the association, Afolabi Oluwasegun David  confirmed the incidence and further stated that they(all executives)  have been reporting to Floor O &the Division  of of Students Affair Investigation Department since the shocking scenario.

In a release obtained by OAU Peeps News Agency also by the NASLOGOS  public relations officer, Afolabi Oluwasegun , he stated the embattled President(Akinkunmi Sodiq) has confessed to the university investigative department of  being guilty of the fraudulent act. The Public Relations Officer further stated that the president has also confessed that none of the executives of the association, the Head of Department & staff adviser are aware of his fraudulent act.

"" It is so disappointing and disheartening when one look look critically at the state of our association especially when one thinks of the architect of our loom that is, the kind of president we have this time around"" the association public relations officer further stated in the release obtained by OAU Peeps News Agency.

Also speaking with OAU Peeps News Agency, a student of the department who pleaded anonymity stated that he  was shocked after being informed of the act of his  president, he further stated that  he thought other executives were aware/part of the fraudulent act but he was more  shocked when the president confessed he did all singlehandedly.

 Saliu Abdurauf,the Speaker of the Students Representative  Council while speaking with OAU Peeps News Agency, stated that a committee has been set up at the student congress to further investigate the matter. He further stated that the student honourables are meeting tomorrow to further Suspend the embattled President immediately.

OAU Peeps News Agency also confirmed the presence of family relatives of the embattled president  on campus last week. They have however promised to raise money to pay back all the embezzled sum of  money by Sodiq as soon as possible.

However, all efforts to speak with the embattled President of NASLOGOS,Akinkunmi Sodiq proved abortive as all his lines were all switched off.

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