EFCC arrests Convenant university accountant over N180m fraud

The Economic and Financial Crimes Commission(EFCC) have arrested and interrogated the accountant of the Covenant University, Otta, Ogun State, an institution owned by the founder/General Overseer of Living Father Church world, Bishop David Oyedebo over an
allegation that he diverted the sum of N180 million into his private account.
Reports say the institution account officer
was given a way by his lavish lifestyle which saw him fly back
to his duty post in Otta in a chopper that landed at the premises of The Bells University, after
spending the weekend with his wife at his posh Lekki residence in Lagos.
Further reports revealed that the unnamed University lecturer who had been put under
surveillance by the University was mainly stealing school fees paid by the students.
It was revealed that the suspect described as ‘disingenuous inventor’ found a way of diverting
school fees paid by the students of the University into his private account.
The case was promptly reported to the police, who arrested him and later handed him to the
EFCC where he confessed to the crime and agreed to immediately refund the sum of N56
million naira in cash.
The Chancellor of the university and Presiding Bishop of Living Faith Church Worldwide, Bishop David Oyedepo, reportedly described the accountant’s lifestyle as “riotous”.

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