(EFCC LOGO. Photo Credit: Cross River State News)
The Economic and Financial Crimes Commission, EFCC, has summoned the Executive Chairman of the Osun State Universal Basic Education Board, SUBEB, Ibukun Fadipe, for questioning over concerns relating to the management of Federal Government counterpart grants and the alleged misuse of intervention funds.
The invitation, dated May 19, 2026, and signed by the EFCC Director of Investigation, Abdulkarim Chukkol, directed Fadipe to present himself at the commission’s headquarters in Abuja on May 26, 2026.
The anti-corruption agency stated that the investigation is focused on how counterpart grants and project funds under the Universal Basic Education Commission scheme in Osun State have been handled from 2024 up to the present.
The commission cited the relevant provisions of the Economic and Financial Crimes Commission Establishment Act, 2004, as the legal basis for the invitation, and requested that Fadipe come prepared with documents and information covering eight specific areas connected to the grants and projects in question.
Among the documents requested are proof of counterpart funds submitted to UBEC for matching grants from 2024 to date, action plans, utilisation guidelines, and records of projects carried out using the funds.
The EFCC also asked for details of contracts awarded under the grants, including award letters, contract agreements, payment records and bank account information tied to the transactions.
Additionally, the commission requested updates on the status of ongoing projects, payment vouchers, approvals and all relevant documentation submitted to UBEC ahead of fund disbursements.
Fadipe was directed to appear in person at the commission’s headquarters in Abuja by 10am on Tuesday, May 26, 2026.