Covenant University accountant lands in EFFC net for diverting over N180 million

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An accountant working with Covenant University, a school owned by the Living Faith Church aka winners, has been arrested and kept in custody by officers of the Economic and Financial Crimes Commission (EFCC).

According to reports, the man is said to have defrauded the school of over N180 million from school fees payments.

Publicizing the news to Punch reporters, EFCC’s head of Media and Publicity, Tony Orilade, stated, “I  can confirm that  a Covenant University accountant  has been  with us for some days now over an alleged case of stealing reported by the Chancellor of the school.”

Covenant University accountant lands in EFFC net for diverting over N180 million

The suspect has allegedly been stealing from the school for many years without anyone noticing. However, his luck ran out recently.

In his reaction, the Chancellor of the institution,  Bishop David Oyedepo, mentioned that the accountant’s lifestyle has been somewhat “riotous”.

He is said to have acquired a good number of exotic cars but had been hiding them in one of the houses he built with stolen money, around Lekki area of Lagos State.

Reports equally revealed that the suspect lived the school’s premises, together with his wife.

Also, read: Ajegunle shooting: Killer cop still on the run – Police

Ademola writes only what his audience can read, consume, and digest in the shortest time possible. Through his creative use of simple but standard vocabulary and imagery, he seeks only to communicate effectively.

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