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The Vice Chancellor of the Federal University of Agriculture, Abeokuta, Olusola Oyewole, and the institution’s pro-chancellor, Adeseye Ogunlewe, who were charged with misappropriation of funds, were on Friday granted bail by the Abeokuta  High Court presided over by Honourable Justice O.O. Majekodunmi.

It is reported that despite the fact that they had been granted bail, the duo will be remanded until they are able to fulfill their bail terms.

The two men were charged to court alongside the university’s bursar, Moses Ilesanmi, on an 18-count charge of misappropriating N800 million belonging to the institution.

While Messrs. Oyewole and Ogunlewe were granted bail, Mr. Ilesanmi was not.

It is reported that, On Friday, the court where the matter is assigned was filled up. The three whistle blowers sacked by the university joined scores of other university staff, SSANU, to attend the session, and members of Mr. Oyewole’s church were also in court.

All the accused pleaded not guilty to all the charges against them.

The defence counsel, Wale Adesokan, Benjamin Ogunmodede and Lapite Ademola, prayed the honourable court to grant bail to the defendants, but the prosecution counsel, Benedict Ubi and Festus Ojo, prayed the court to remand the accused persons in prison custody pending the commencement of  trial.

However, the court granted the first and second defendants (Messrs. Ogunlewe and Oyewole) bail in the sum of  N50 million with two sureties in like sum.

The bail terms also provided that the sureties must be house owners within the court’s jurisdiction and one of them must be a civil servant on grade level 15.

The honourable courtalso ruled that the defendants must submit their international passports to the court registrar, and added that the defendants be remanded in prison custody pending the perfection of their bail conditions.

Ms. Majekodunmi adjourned ruling on the bail application of the third defendant till Monday. She also fixed December 16, 19, and 20 for commencement of trial.

Premium Times also reported that by the time Messrs. Oyewole and Ogunsewe provided evidence of meeting their bail conditions, the judge and other relevant court officials had closed.

 

Written by Okolo Ezinne

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