Monday 21 July 2014

Pastor and accountant Britain's £4m Biggest Education Fraud


Why can’t we get inspiring stories these day…….Nigerian-born Samuel Kayode,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.
He is said to have spent much of the cash on an extravagant lifestyle and buying a string of properties.

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.
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.


5 comments:

Josh said...

The day the world becomes unfair,that is when we will have more good news than bad news

Pet said...

9jia again

Loius said...

2nd wife go deny now

Anonymous said...

I have always asked when you are called as a man of God why do other jobs.pastoring is meant to be a full time job which absolutely time consuming in my opinion.

Anonymous said...

Men and money