The Economic and Financial Crimes Commission has begun investigation into alleged financial misdeed by suspended Vice Chancellor of the University of Lagos, Prof Oluwatosin Ogundipe, document seen by SaharaReporters has showed. Recall that a retired professor of Obstetrics and Gynecology, College of Medicine, Boniface Oye-Adeniran, had asked the EFCC to investigate Ogundipe, Acting VC, Prof Folashade Ogunshola; Bursar of the University of Lagos, Mr Lekan Lawal; and Director of Procurement of the institution, Dr James Akamu. Oye-Adeniran in a petition to the anti-graft agency accused Ogundipe and his management team of awarding contracts amounting to N5bn without the approval of the governing council of the institution, awarding contracts beyond his N2.5m approval limit and breaching the Public Procurement Act (PPA) between 2017 and 2020. In a letter to the Acting VC of the institution, EFCC confirmed that it had already commenced an investigation into the activities of the
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