The Economic and Financial Crimes Commission (EFCC) has invited the Executive Chairman of the Osun State Universal Basic Education Board (SUBEB), Ibukun Fadipe, for questioning over the management of Federal Government counterpart grants and the alleged use of intervention funds in the state.
The invitation was conveyed in a letter dated May 19, 2026, signed by the EFCC Director of Investigation, Abdulkarim Chukkol.
According to the anti-graft agency, the investigation focuses on the utilisation of counterpart grants and projects executed under the Universal Basic Education Commission (UBEC) scheme in Osun State from 2024 to date.
The EFCC directed Fadipe to appear at the commission’s headquarters in Abuja on May 26, 2026, alongside relevant documents related to the grants and projects.
The commission said the invitation was issued in line with Section 38 (1) and (2) of the EFCC Establishment Act, 2004.
In the letter referenced CR:3000/EFCC/ABJ/PFS/HQ/TA/OSU/VOL.17/322, the agency requested details on several issues linked to the management of the funds.
Among the documents requested are evidence of counterpart funds submitted to UBEC for matching grants from 2024 till date, utilisation guidelines, action plans, and records of projects executed with the funds.
The EFCC also demanded records of contracts awarded under the scheme, including letters of award, contract agreements, payment details, and bank information connected to the transactions.
Other requested documents include project status reports, payment vouchers, approvals, and records earlier submitted to UBEC before the release of the intervention funds.
The letter instructed the SUBEB chairman to report in person with all requested documents for an interview through the Head of the Procurement Fraud Section at the EFCC headquarters in Abuja by 10:00 a.m. on May 26, 2026.
