BREAKING NEWS: AMOSUN SACKS FOWODE, APPOINTS OLUDELE NEW RECTOR

The Rector of the Moshood Abiola Polytechnic (MAPOLY), Abeokuta, Arc. Tokunbo Fowode, has been relieved of his appointment. Insidemapoly gathered that the sack of Arch. Fowode came on the heels of the freezing of the various bank accounts of the institution by the state government,you will also recall that the state government led by Gov. Amosun some months after its inauguration constituted a panel of inquiry to look into various activities of the institution as regards its management,finance and misappropriation of funds. A four-paragraph letter by the state Accountant-General, Mr. Seye Senfuye, dated September 17, conveyed the decision of government to freeze the polytechnic‘s accounts. The government directed all banks dealing with the institution to freeze “all manner of accounts –current, deposit and savings” which means that there can only be money deposits and no withdrawal on the accounts. Fowode, who hails from Ijebu-Ode, is currebtly on his second term as rector which was renewed on May 10, 2010 by the immediate past administration of Otunba Gbenga Daniel. For about three years now, however, the polytechnic has been running without a Governing Council. Until his appointment as new MAPOLY Rector, Itiola was a senior lecturer at the Department of Pharmaceutics and Industrial Pharmacy, University of Ibadan. He was the Dean of the department between 2001 and 2005.