The Academic Staff Union of Polytechnics (ASUP) has raised the alarm that standard operating guidelines and due process were completely thrown out the window.
A financial scandal has rocked the Federal Polytechnic, Ayede, Ogbomoso, Oyo State, following the uncovering of an illegal multi-million-naira disbursement of Tertiary Education Trust Fund (TETFund) intervention grants.
Leaked financial logs and a joint union probe have exposed how the former Bursar, alongside other principal officers whose tenures expired on March 15, 2026, allegedly retained control of the institution's bank accounts to secretly enrich a handpicked circle of cronies.
The Academic Staff Union of Polytechnics (ASUP) has raised the alarm that standard operating guidelines and due process were completely thrown out the window.
According to ASUP, millions earmarked for scientific fabrication, Institutional Based Research (IBR), and critical academic conferences were misappropriated, with a significant portion of the publication and fabrication funds illegally routed to non-teaching staff who have absolutely no business with academic research or manufacturing.
