The leadership of the Obafemi Awolow University, Student Union have been involved in a major controversy over the 14-Seater Bus bought by the SUG President.
Available reports have shown that students have shown their displeasure over the bus and the alleged amount it was bought for, the Financial Secretary Omisakin Kehinde was said to have stated that the bus was bought at 2.9miliion naira while 100,000 was used for other additional expenses, this price has been disputed over cost of the bus.
When pressed for confirmation, Oyekan Edward, President of the union, had in a press statement refused to disclose the cost of the bus, advising students seeking the information to make their inquiries with motor dealers.
The students are alleging that some principal officers of the union creamed off about N400,000 in the procurement of the vehicle.
Further investigations have shown that the bus was bought for 2.5 million Naira contrary to claims by the Financial Secretary.
The bus was purchased from De Val Concepts, a motor dealer based in the neighbouring town of Modakeke.
“I was paid N2,500,000 for the bus and not N2,900,000,” the dealer, Adeolu Omolade, told this newspaper, tendering a copy of the receipt he had issued to the union.
But some students are arguing that even that figure (N2.5million) on the receipt is higher than what was paid.
In a separate statement ,the Transport Monitoring Committee of the union, which is responsible for issues of transportation, said it was not carried along in the procurement process, contrary to an assertion by the Financial Secretary.
The chairman of the committee, Oluwalade Babatunde, said he could not attest to the cost presented by the Financial Secretary.
It would be recalled that a year ago, the students’ union faced a similar crisis following an allegation that the leaders claimed to have spent N1.5 million of the union’s money on phone calls.