UNILAG Funds Was Spent Recklessly By Ogundipe - Varsity Council

 The Dr Wale Babalakin-Led Governing council of the University of Lagos says the institution's former Vice-chancellor,Prof.Toyin Ogundipe,was sacked for his alleged reckless spending of the varsity's funds and breach of due process.

According to the council, the Dr. Saminu Dagara-led committee that probed Ogundipe reported that the Vice-chancellor and some members of his management team spent N57.9m on foreign trips,while they purchased two vehicles for N52.08m using"a contract splitting device that is very illegal."

The allegiations were contained in a statement titled, "i prefer to be probed by Professor of public sector accounting ,not chemistry lecturer,says Prof Ogundipe in defence at UNILAG council meeting.

The committee also reported that Ogundipe's management allegedly spent N52.2m on waste management and janitorial services "in breach of procurementt law and practices."

The VC was also accused to have spent N112.4m to renovate the official living quarters of three principal staff,including the VC's lodge,renovated with N49.4m.

The N112.4m,according to the committee,was without the council's approval and was well above the VC's approval limit of N2m.

"In the last six months,Prof Ogundipe has recklessly been spending university money without giving any accounts. For instance,while the council approved spending towards staff palliative for COVID-19, he claimed he spent N67m on this without providing any breakdown of his spending," the council stated in the statement.