Skip to content
Join our Newsletter

Private school principal in Ayobo lands in court for N1.4m fraud

The principal allegedly swindled the management by diverting the money, which was the proceeds of students' school fees to his personal account. 
jjfuf-05-075440
Private school principal in Ayobo lands in court for #1.4m fraud

THE principal of Bridge International Academy School in Ayobo in the  Ayobo-Ipaja LCDA of Alimosho LGA, Olatunbosun Oshingbelu, has landed in trouble for allegedly swindling the management by diverting N1.4 million students’ school fees to his personal account.

According to media reports, the Police alleged that the principal fraudulently opened an account in his capacity, without the knowledge of the management. He then directed some parents to pay their children’s school fees into the account, which he converted to his personal use.

However, trouble was said to have started when the school management conducted an internal audit and discovered that many students have not paid their school fees but their parents provided proof with payment details and the account, which the said sums of money were paid into.

The management then reported the matter to the Police at Ayobo Division, leading to the arrest of the principal and his subsequent interrogation over the alleged criminal conduct.

After thorough interrogation, the police found him culpable and subsequently charged him before the Ogba Magistrates Court for the alleged offence,  to which he pleaded not guilty when he was arraigned.

The prosecutor, Inspector Lucky Ihiehie, then asked the court to give a date to enable them to prove that he actually committed the alleged offence.

The Presiding Magistrate, Mrs O.A. Layinka, thereafter, granted the principal bail, and ordered his remand in custody at the Correctional Centre at Kirikiri town, Lagos, pending when he will perfect his bail conditions.

The matter was then adjourned till May 9, 2023, for mention.

P.M. EXPRESS