ICPC arraigns Federal Pay Officer for Diversion of Funds

A Federal Pay Officer in Abeokuta, Ogun State, Mr. Lawal Wilson Olusegun has been charged to court by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for allegedly diverting funds meant for infrastructural development and  meal subsidies of three federal government colleges.

The affected schools were: Federal Science Technical College Ijebu-Imushin, Federal Government Girl’s College, Sagamu and Federal Government College, Odogbolu.  The accused reportedly siphoned the sum of N103, 000, 000 through his personal company.

At the conclusion of investigations, Mr. Olusegun was formally arraigned before Hon. Justice O. O. Majekodunmi of Ogun State High Court, No. 6 in Abeokuta on April, 25, 2016 on a 24-count charge for: conferment of corrupt advantage upon himself ‘’when he diverted the said subsidy monies through his company SOG BEST CONCEPT NIGERIA LTD to his personal use without any authorisation’’, contrary to and punishable under Section 19 of the Corrupt Practices and Other Related Offences Act, 2000.

He was also charged for fraudulent acquisition of property contrary to and punishable under Section 12 of the Corrupt Practices and Other Related Offences Act, 2000, ‘’when he knowingly registered a private Limited Liability Company, while still being in the employment of the Federal Government of Nigeria, with the sole aim of using same to do business with his employer (Federal Government of Nigeria), and in that character used the said company to divert subsidy monies for the schools to his personal use’’.

The accused person pleaded not guilty to all the charges brought against him.

The trial judge granted him bail but remanded him in prison custody pending the fulfilment of the bail conditions given by the court.