Principal Sent To Prison For Swindling Management N1.4m School Fees

Posted on April 4, 2023

KINGSLEY EBERE

The principal of Bridge International Academy School in Ayobo, Lagos, Olatunbosun Oshingbelu, has landed in trouble for allegedly swindling the management by diverting N1.4. students’ school fees to his personal account.

P.M.EXPRESS reports that he has been arrested for fraud.

The Police alleged that the principal, Oshingbelu, fraudulently opened an account with First Bank with number 3042349883 as the principal of the school without the knowledge of the management. He then directed some parents to pay their children’s school fees into the account, which he converted to his personal use.

However, trouble was said to have started when the school management conducted internal audit and discovered that many students have not paid their school fees but their parents provided proofs with payment details and the account, which the said sums of money were paid into.

The management then reported the matter to the Police at Ayobo Division; the principal was arrested and detained for interrogation over the alleged criminal conduct.

After thorough interrogation, the Police found him culpable and subsequently charged him before the Ogba Magistrates Court for the alleged offence.

He pleaded not guilty when he was arraigned.

The prosecutor, Inspector Lucky Ihiehie, then asked the Court to give a date for hearing since he pleaded not guilty to enable the Police to prove that he actually committed the alleged offence.

The Presiding Magistrate, Mrs. O.A. Layinka, granted him bail and ordered his remand in custody at the Correctional Centre at Kirikiri town, Lagos, pending when he will perfect his bail conditions.

The matter was adjourned till 9th May, 2023, for mention.