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Exclusive: JAMB Staffs Call For Prof Is-haq Oloyede’s Prosecution Over N68 Billion Unremitted Funds 

STAFFS of Joint Admissions and Matriculation Board (JAMB) have called on the Economic and Financial Crime Commission (EFCC) for immediate prosecution of Prof Is-haq Olarewaju Oloyede over Unremitted N68 billion naira JAMB funds into the Federal Government designated accounts and other alleged financial fraud committed in the institution in the last five years as the Registrar/Chief Executive Officer of JAMB.
JAMB’s members of staff who craved anonymity told correspondent in Abuja last week Friday after the announcement of Prof. Is-haq Oloyede’s renewed five years term of office that they were disappointed that President Muhammadu Buhari reappointed Prof. Oloyede, a corrupt fellow for another period of five years consecutively.
They said Prof Oloyede reappointment is an error and a serious damage to President Muhammadu Buhari’s anti-graft campaign and to the entire JAMB institution and the nation Nigeria at large.
“The regularisation of admission letters where candidates are pay N10,000.00, N8,500.00 and N5000.00 for data correction or N2,500 per candidate in some instances are never remitted directly into the TSA account as instructed by the Federal Government.
“This is were Prof. Oloyede make more money than the sales of JAMB and UTME forms remitted directly into the federal accounts.
“More worrisome is the fact that he has contracted out JAMB’s staffs’ jobs to consultancy agents, friends and family members as against the extant law who are now the major players and neglected jamb staffs.
“These contracted agents across the 36 states of the federation, the capital territory inclusive come with Point Of Sale (POS) machines with which they carry out their transitions in JAMB offices.
“You can imagine if a million candidates receive admission letters annually and other sundry charges which we have estimated above N68 billion naira in the last five years of his first tenure.
“The question is why was JAMB not be audited throughout the first five years tenure of Prof, Oloyede.
“No more staff benefit during JAMB Exams as was previously the case. Approvals are made for it but the money ends up in his private accounts and that of his cronies.
“He transfers staffs out of their duty post with impunity without paying the designated transfer allowances even when money is voted for it.
“Prof. Oloyede is very wicked to staff”, one of the JAMB member of staff agonized.
Sources revealed to Trojan News that Prof Oloyede has concluded plans to sell the dilapidated Lagos office of the board to himself.
“He has been planning to move Ikoyi office to Ogba in Ikeja. Not only that, he want to buy the office complex for himself through his associates.
“This is an office of about six hecters of land. He has been searching for an office complex at Ikeja to move the Lagos staff to, within the shortest possible time.
“This is what Prof Oloyede planned to accomplished in second coming”, the sources revealed.
Text message sent to Prof Is-haq Oloyede’s mobile phone to comment on the allegations were not responded to at the time of filling this report.
Bellow is an evidence of non-remittance of JAMB financial transactions directly to the TSA accounts as directed by the Federal Government.

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