The Chairman of the Governing Board of Moshood Abiola Polytechnic, Abeokuta, Prof Kamaldeen Balogun, has debunked allegations of corruption and misconduct in the running of the affairs of the institution.
Balogun, who is also the Chief Imam of Egba Gbagura, said that his administration, since coming on board in 2022, has been pursuing transparency, prudency and efficient management of the resources of the Polytechnic to achieve its current state of stability and relative peace.
The Olabisi Onabanjo University, Ago-Iwoye Emeritus Professor of Philosophy and Religion also said that whatever the governing council has done under his watch was according to the extant rules of the polytechnic and the express approval of the Commissioner for Education, Science and Technology, Prof Abayomi Arigbabu.
Balogun, who is also the current Dean of the College of Arts, Social and Management Sciences of Crescent University, Abeokuta, disclosed this on Sunday while reacting to some allegations levelled against him by some concerned students and stakeholders of the institution.
The group had, in a statement, accused Balogun of working in connivance with the Registrar of the institution, Mrs Olubunmi Elewodalu, to unilaterally appoint the new Bursar for the Polytechnic and fix other top management positions.
The group claimed that with Balogun’s support, the Registrar was able to install her brother, Ayodeji Jibodu, as the Managing Director of MAPOLY Microfinance Bank without having the requisite qualifications.
This group said this Ayodeji Jibodu graduated with a Pass from Federal Polytechnic, Ilaro and that according to banking rules, such is not fit to have been so appointed as the MD of the bank.
They claimed further that the Microfinance Bank is now being run by Prof Balogun, the Registrar and his brother, the new MD, whereas the recognized and registered Directors of the banks, such as the Rector, Dr Adeoye Odedeji, the Bursar, Mr Fatai Adisa Yekini and Dr Mrs Olasunbo Oyebolu have been sidelined.
The board chairman was equally alleged of forcing Dr Mrs Oyebolu to resign her appointment as one of the board directors of the Microfinance Bank sometimes in April 2024
The group alleged further that the Governing Council Chairman and the Registrar are doing all of this to have unchecked control of the bank and this, they said, will lead to mismanagement of funds and subsequent collapse of the bank.
- They claimed that Prof Balogun has also decided to send packing the Chief Security Officer of the institution who is not bound by tenure and has been doing his job.