The Economic and Financial Crimes Commission, EFCC, has reportedly invited the Executive Chairman of the Osun State Universal Basic Education Board, SUBEB, Ibukun Fadipe, for questioning over issues surrounding the management of Federal Government counterpart grants.
According to the invitation letter dated May 19, 2026, and signed by the EFCC Director of Investigation, Abdulkarim Chukkol, “Fadipe was directed to appear at the commission’s headquarters in Abuja on May 26, 2026.”
The anti-graft agency stated that “the investigation concerns the utilisation of counterpart grants and execution of projects under the Universal Basic Education Commission scheme in Osun State from 2024 to date.”
The EFCC cited Section 38 (1) and (2) of the Economic and Financial Crimes Commission Establishment Act, 2004, as the basis for the invitation.
The letter with reference number CR:3000/EFCC/ABJ/PFS/HQ/TA/OSU/VOL.17/322, further said, “the commission requested details on eight issues connected to the grants and projects.”
Among the documents requested are “evidence of counterpart funds submitted to UBEC for matching grants from 2024 to date, action plans and utilisation guidelines, and records of projects executed with the funds.”
The EFCC also requested “records of contracts awarded under the grants, including letters of award, contract agreements, payment details and bank information linked to the transactions.”
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