Nigerian Pastor, Samuel Kayode Commits The Biggest Education Fraud In UK History

Date: 21-07-2014 3:07 am (9 years ago) | Author: Daniel Bosai
[1] 2
- at 21-07-2014 03:07 AM (9 years ago)
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An accountant at a chain of academies championed by Michael Gove is at the centre of a fraud investigation after £4million of school funds ended up in his personal accounts.



Nigerian-born Samuel Kayode is said to have spent much of the cash on an extravagant lifestyle and buying a string of properties according to reports in Daily Mail.

The 57-year-old part-time pastor was told by the High Court to pay £4.1million back to the Haberdashers’ Aske’s chain of academies more than a year ago. He has failed to do so, and it is feared most of the cash has been transferred to Nigeria.

The case, kept secret for almost two years, is believed to be Britain’s biggest ever education fraud. Although Kayode was arrested in October 2012, police have yet to charge him with any crime. Critics of academies – state schools which have control of their own finances – say the massive loss of cash calls that entire system into question.

Questions were also asked about whether Mr Gove – who lost his job as Education Secretary last week – took close enough interest in the case. Kayode went to work at Hatcham in 1997 and rose to become accounts manager for the whole chain. He was paid £57,000 a year, and told colleagues of his work as a pastor in the Christ Apostolic Church, South London, peppering his conversations with ‘praise the Lord’.

In October 2012 it emerged that a large sum of money was missing from the academies’ funds. Kayode’s assets and those of his wife Grace, who died aged 53 last year, were then frozen. It appeared that huge sums of school money had been paid into a bank account in Nigeria and a company called Samak, which is said to be run in Nigeria by Kayode’s second wife Yoni, although he denies any wedding has taken place.



The trust launched a High Court case to reclaim the missing cash but the accountant denied wrongdoing and claimed ‘all transactions had been authorised by the finance director’.

However, the judge found in the trust’s favour last July and ordered Kayode and the estate of his late wife to pay back more than £4million plus interest. He remains at large and is not facing any charges, although he is due to speak to detectives again this week.


Posted: at 21-07-2014 03:07 AM (9 years ago) | Addicted Hero
- osamabinladin at 21-07-2014 04:23 AM (9 years ago)
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Not good to hear !
Posted: at 21-07-2014 04:23 AM (9 years ago) | Hero
Reply
- zeigbo at 21-07-2014 04:30 AM (9 years ago)
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i fear una

Posted: at 21-07-2014 04:30 AM (9 years ago) | Addicted Hero
Reply
- seveneleven at 21-07-2014 04:40 AM (9 years ago)
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if na biafran man we no go hear word ooo... ofe nmanu don act now usless elmatado no go talk
Posted: at 21-07-2014 04:40 AM (9 years ago) | Upcoming
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- angesco at 21-07-2014 05:54 AM (9 years ago)
(f)
He peppered his conversations with "praise the Lord."   Welcome to Nigeria speak!

Posted: at 21-07-2014 05:54 AM (9 years ago) | Gistmaniac
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- elmatado at 21-07-2014 06:54 AM (9 years ago)
(m)
Quote from: seveneleven on 21-07-2014 04:40 AM
if na biafran man we no go hear word ooo... ofe nmanu don act now usless elmatado no go talk
thunder fire u dia, bastard pikin
Posted: at 21-07-2014 06:54 AM (9 years ago) | Upcoming
Reply
- Freshlycrazy at 21-07-2014 07:05 AM (9 years ago)
(m)
Money is d root of all evil... Nigerians show d world its meaning daily...
Posted: at 21-07-2014 07:05 AM (9 years ago) | Gistmaniac
Reply
- bucknx at 21-07-2014 07:10 AM (9 years ago)
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dis is whr he kept d money
Posted: at 21-07-2014 07:10 AM (9 years ago) | Newbie
Reply
- beneno at 21-07-2014 07:55 AM (9 years ago)
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 Roll Eyes  Roll Eyes  Roll Eyes  Roll Eyes
Posted: at 21-07-2014 07:55 AM (9 years ago) | Addicted Hero
Reply
- beejaybabs at 21-07-2014 08:08 AM (9 years ago)
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Naija!

Posted: at 21-07-2014 08:08 AM (9 years ago) | Gistmaniac
Reply
- oscarosawaru at 21-07-2014 08:09 AM (9 years ago)
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Naija and dia 419 everywhere
Posted: at 21-07-2014 08:09 AM (9 years ago) | Newbie
Reply
- Larry28 at 21-07-2014 08:16 AM (9 years ago)
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Hmm
Posted: at 21-07-2014 08:16 AM (9 years ago) | Hero
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- dynasty4all at 21-07-2014 08:28 AM (9 years ago)
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YORUBAS CAN NOT DO WITHOUT FRAUD, FOGERY, RITUALS BABA ALAWOSSSSS  ETC
THEY INHERITED FROM THEM FROM THEIR FOREFATHERS
TUNUBI FORGED HIS SON INLAW CERFITICATE & OTHERS
Posted: at 21-07-2014 08:28 AM (9 years ago) | Gistmaniac
Reply
- gmarley at 21-07-2014 08:54 AM (9 years ago)
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na wa ooooo
Posted: at 21-07-2014 08:54 AM (9 years ago) | Gistmaniac
Reply
- ngfineface at 21-07-2014 09:32 AM (9 years ago)
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 Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Posted: at 21-07-2014 09:32 AM (9 years ago) | Hero
Reply
- doncoyon at 21-07-2014 09:55 AM (9 years ago)
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I said it what can u expect from this most atrocious tribe voodoo name it corruption, evil, thief that is all with Tinubu having fifteen bank account Obasanjo money seized in Austra Yoruba only tje name alone make u ask question who are this people where do they come from. They need to be wipe out of tjis planet
Posted: at 21-07-2014 09:55 AM (9 years ago) | Upcoming
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- doncoyon at 21-07-2014 09:57 AM (9 years ago)
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This is not a joke anymore sorry for those who marry there woman u have created a criminal
Posted: at 21-07-2014 09:57 AM (9 years ago) | Upcoming
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- Nicksam at 21-07-2014 10:06 AM (9 years ago)
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 Grin Grin Grin Grin
Posted: at 21-07-2014 10:06 AM (9 years ago) | Hero
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- dareper at 21-07-2014 10:08 AM (9 years ago)
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Na almetado pastor be that
Posted: at 21-07-2014 10:08 AM (9 years ago) | Hero
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- winace at 21-07-2014 03:18 PM (9 years ago)
(f)
Am not yoruba but I hate it wen some eaterners keep dis tribalism up as a normal thg. Its wrong. If u can't stay wit human being then relocate to d bush. Wat nonsense. Mcthewwww
Posted: at 21-07-2014 03:18 PM (9 years ago) | Addicted Hero
Reply
[1] 2

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