• Latest
  • Trending
CCB Quizzes Leadership of OSOPADEC

CCB Quizzes Leadership of OSOPADEC

February 12, 2026
Four bank staff in police net for alleged money laundering,  N270m fraud

Police: Adelabu Family Aide Linked to Sister’s Kidnap

June 8, 2026
Lagos: No Solar Tax for Private Homes, Only Govt Estates

Lagos: No Solar Tax for Private Homes, Only Govt Estates

June 8, 2026
Oyo Govt Pulls Down Bungalow Used in Adelabu’s Sister Kidnap

Oyo Govt Pulls Down Bungalow Used in Adelabu’s Sister Kidnap

June 8, 2026
Tamunosoye Karibi-George Crowned Miss World Nigeria 2026

Tamunosoye Karibi-George Crowned Miss World Nigeria 2026

June 8, 2026
Four bank staff in police net for alleged money laundering,  N270m fraud

Delta Police Bust Gun Ring After Singer’s Extra-Judicial Death

June 8, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
NUPRC On Rolls Out Action Plan For 2024

NUPRC, NNRA Harmonise Rules to Cut Oil Sector Costs

June 8, 2026
Fake Kidnap Gang Busted in Ogun, 8 Foreigners Arrested

Fake Kidnap Gang Busted in Ogun, 8 Foreigners Arrested

June 8, 2026
Four bank staff in police net for alleged money laundering,  N270m fraud

UNN Safe, Police Debunk Kidnap/Attack Rumor

June 8, 2026
Akpabio, Not Indisposed Or Rushed To National Hospital – Media Aide

Akpabio: Terror Sponsors Will be Exposed , Must Face Justice

June 8, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Monday, June 8, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

CCB Quizzes Leadership of OSOPADEC

by Present Nigeria
February 12, 2026
in Business
0
CCB Quizzes Leadership of OSOPADEC
28
SHARES
55
VIEWS
FacebookTwitterWhatsappTelegram

The Code of Conduct Bureau on Wednesday quizzed the leadership of the Ondo State Oil Producing Areas Development Commission over alleged misappropriation of funds belonging to the commission to the tune of N463m.

Those invited by the CCB included the secretary of the commission, Mrs Abike Bayo-Ilawole, and two other directors.

RelatedPosts

Police: Adelabu Family Aide Linked to Sister’s Kidnap

Lagos: No Solar Tax for Private Homes, Only Govt Estates

Oyo Govt Pulls Down Bungalow Used in Adelabu’s Sister Kidnap

Bayo-Ilawole, who was among the public servants recently promoted to the position of permanent secretary in the state, was alleged to have been involved in the misappropriation of about N463m in the commission a few weeks ago.

She was specifically accused of diverting part of the money to a private bank account.

Speaking with journalists after being questioned by CCB officials at the bureau’s office in Akure, Ondo State, on Wednesday, Bayo-Ilawole said she was invited over allegations of fund misappropriation but maintained that she was innocent.

She said, “I was invited by the Code of Conduct over alleged fund misappropriation. We just started the investigation. The allegation is about N463m. I told them nothing of such happened, and the record will speak for itself.”

On the allegation of diverting money to a personal account, she said, “I said the record will speak for itself. It is not true. The one they quoted, that money was sent to my father’s account, was for a long-term project.

“My father was a contractor then, and it was not up to that amount. But the record will speak for itself, as I said.

“The two officers whose names were mentioned supervised other colleagues. It could be their allowances or what they needed to spend on the project.

“They should allow me to go through the records so we can separate the issues and know what actually transpired. One major thing is that the fund was not released at once; it was over a period of time.

“We have projects such as school renovations, transformers and office renovations. Our areas are riverine, so we move around for supervision.

“We are not talking about missing funds. The projects were completed. We followed the necessary procedures before executing the projects.”

She insisted that she had documents to back her official dealings in the commission, reiterating that “the record will speak for itself.”

Also speaking, the Director of Project Planning and Development at OSOPADEC, Mr Olukorede Adeshina-Oladapo, said he was invited over an allegation circulating on social media.

He said, “What was on social media was not correctly presented.

“In the office, we got approval from the governor to carry out direct labour jobs. We had 21 school renovation projects, renovation of the area office, construction of culverts in Atijere and renovation of an office complex. Those transactions were done through direct labour.

“We have a procurement committee. Other management staff were involved, and records of meetings were kept. We reported to the Office of the Director of Public Prosecutions, which benchmarked the project requests.

“It was not only the 21 projects approved by the governor, but we selected those that were urgent and could be attended to immediately. Those were the ones executed.

“Before we proceeded, after the governor’s approval, we requested a ‘no objection’ from the appropriate office, and it was granted.

“As we complete the projects, we also apply for certificates of completion. Some of the projects have been completed, while funds for others are still in the account. No fund is missing.”

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share11Tweet7SendShareShare2
Previous Post

Fire Razes Kano Timber market

Next Post

VP Shettima Departs Abuja For Addis Ababa

Related Posts

Lagos: No Solar Tax for Private Homes, Only Govt Estates

Lagos: No Solar Tax for Private Homes, Only Govt Estates

June 8, 2026
NUPRC On Rolls Out Action Plan For 2024

NUPRC, NNRA Harmonise Rules to Cut Oil Sector Costs

June 8, 2026
FCCPC Reacts To Complaints Of Inability To Purchase Electricity Units Under IKEDC

FCCPC Denies Tinubu Approved 9 New Airtime Operators

June 8, 2026
PCN Shuts 572 Drug Outlets for Regulatory Breeches

PCN Shuts 572 Drug Outlets for Regulatory Breeches

June 6, 2026
Next Post
Shettima departs for US to attend 79th UN General Assembly

VP Shettima Departs Abuja For Addis Ababa

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.