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How Former JAMB Registrar, Ojerinde Used Me To Embezzle Board’s Funds-Ex-Director

by Editor
January 26, 2023
in Featured, Metro
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How Former JAMB Registrar, Ojerinde Used Me To Embezzle Board’s Funds-Ex-Director






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Estimated reading time: 10 minute(s)

A former Deputy Director of the Joint Admissions and Matriculation Board (JAMB), JImoh Olabisi, on Wednesday, revealed that former Registrar of the board, Prof. Dibu Ojerinde used him to siphon the federal government fund .

Olabisi said he was instructed by Ojerinde to open a bank account through which the Federal Government’s money was diverted.

Olabisi, who stood as a witness of the Independent Corrupt Practices and other related offences Commission (ICPC), told a Federal High Court sitting in Abuja.

The ex-JAMB official told the court during cross examination by Ojerinde’s lawyer, Ibrahim Ishyaku, SAN, that he was in charge of opening accounts for the agency.

He admitted opening an account in the name of JAMB/J.O. Olabisi in a commercial bank on the instruction of Ojerinde through which funds were moved out from government’s coffer.

“The authority to open the account; the letter to the bank was jointly signed by Prof. Dibu Ojerinde and the then Director of Finance and Account (DFA), Mallam Umar Yakubu, with specific mandate that I should be the operator of that account.

“I explained in one of my appearances here that the account was opened following an agreement between the defendant (Ojerinde) and myself as a way of deviating from what we were using in NECO (National Examinations Council) to divert public funds.

“So the defendant subsequently discussed the issue with the DFA, hence the letter,” Olabisi revealed.

Olabisi also told the court that the account was opened without approval from the then Accountant-General of the Federation, Jonah Otunla.

“The defendant knew the essence of such an account and there was no official statement from the Office of the Accountant General for the opening of that account.

“However, the registrar convinced the then DFA, he told him that he had gotten approval of the Accountant-General of Federation, Mr J. Otunla, who happens to come from the same zone with the defendant,” he added.

When Ishyaku asked the witness if there was any request preceding the opening of the account, the former JAMB official said: “He (Ojerinde) directed the then DFA to write the letter to the bank for him to sign.”

He stated that though he was not there when Ojerinde instructed Yakubu, he said the DFA told him that he wrote the letter on the ex-registrar’s directive.

He further said though the account name was JAMB/J.O. Olabisi, it was a public account.

He, however, said though it was a public account, the approval of the account-general of the federation was a prerequisite before a bank could open such account.

Olabisi further disclosed that Ojerinde owned a microfinance bank, Osanta Micro Finance Bank Ltd, while serving as JAMB Registrar.

He said Ojerinde had over 80 per cent of the shares, adding that he also admitted being a director In the bank.

“Yes, I was a director and I was put there to ease the movement of government money to the bank.

“The defendant is the Chairman and Board of Directors of the bank,” Olabisi said.

The witness, who stated that Ojerinde’s companies were not registered with government funds, said the ex-JAMB Registrar used his position to award contracts to his private companies through the Zenith Bank account number: 1012411301 of JAMB.

The presiding judge, Justice Obiora Egwuatu, therefore, adjourned the matter until Thursday for trial continuation after ICPC lawyer, Ebenezer Shogunle, prayed for an adjournment.

The ICPC had, on July 8, 2021, arraigned the former JAMB Registrar on an 18-count charge bordering on diversion of public funds to the tune of N5 billion.

He was said to have committed the offence during his tenure as registrar of NECO and JAMB.

Ojerinde, however, pleaded not guilty to all the charges and was later admitted to bail in the sum of N200 million.

Ojerinde was also a registrar of NECO before his appointment as JAMB boss following the expiration of his tenure.

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