EFCC: I have nothing to hide – FUTA VC.

The Vice-Chancellor of the Federal University of Technology, Akure (FUTA), Prof. Adebiyi Daramola, on Wednesday said he is always ready to provide clarification on his stewardship during and after his tenure in the institution.

Daramola was reacting to a report on his invitation by the Economic and Financial Crimes Commission (EFCC) over alleged abuse of office.

The FUTA VC, who spoke through the head of the Information and Protocol Unit, Mr. Adebanjo Adegbenro said he has nothing to hide.

He explained that after making his clarification at the EFCC, he was allowed to return to Akure on the same day he was invited.

It was reported that Daramola and the University’s Bursar, Emmanuel Ademola Oresegun where grilled by EFCC officials at the commission branch’s office in Iyaganku, Ibadan in Oyo State in respect of an alleged case of abuse of office and misappropriation of funds.

The VC was accused of drawing furniture allowance annually instead of once in four years as approved and was paying himself housing allowance while residing in the University’s Vice Chancellor’s Quarters.

He was also alleged of diverting funds from various unrelated subheads to finance other projects without the appropriate approvals for such virement.

But Daramola said “as part of its statutory responsibilities, the EFCC invited me to provide clarification over issues relating to his stewardship.

“As a law abiding citizen, I duly honoured the invitation and I also cooperated with the Commission to provide the needed clarification. I was allowed to return to Akure .

“I have no fear or hindrance in rendering the report of my stewardship whenever I am called upon to do so officially or unofficially since I have nothing to hide”.

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