JAMB Boss, Prof. Ishaq Oloyede Accused Of N3.5 Billion Fraud

Report has it that the current JAMB boss, Prof.Ishaq Oloyede
(who is the immediate past VC of Unilorin) and the incumbent,
Vice chancellor of the University of Ilorin, Prof. Abdulganiyu
Ambali over alleged N3.5 Billion fraud.
This followed petition by the Academic Staff Union of the
Universities, chapter of the University to EFCC.

According to the petition which was titled: “Complaint of
fraudulent practices by Professor IO Oloyede and Professor
AG Ambali as immediate past and current vice chancellors
respectively of the University of Ilorin: Pension fraud and other
financial and economic crimes,” the duo were said to have
been involved in pension fraud, unremitted deductions,
extortion from students, contract inflation and kick-backs; as
well as unlawful payments to ex-principal officers of the
university
The JAMB Boss has however denied the accusations stating
that he operated a transparent system within the period he
served the university as vice chancellor. He called on the anti-
graft agency, EFCC, to investigate the allegations and take
necessary action after establishing the truthfulness of the case
brought before it by the union.
With this new development, Candidates awaiting the
announcement of 2017 UTME registration can only pray and
hope that this does not slow down the pace of things.