NewsOnline Nigeria reports that Governor Ademola Adeleke of Osun State has officially deposed Joseph Oloyede as the Apetu of Ipetumodu following his conviction in the United States over COVID-19 relief funds fraud.
The development was confirmed on Monday in a statement issued by the governor’s media aide, Olawale Rasheed.
According to the statement, the decision followed Oloyede’s conviction and sentencing in the United States for allegedly defrauding the US government of COVID-19 relief funds amounting to $4.2 million.
Recall that the monarch was sentenced in August 2025 to 56 months imprisonment after being found guilty of the fraud charges.
The case reportedly involved the illegal diversion of relief funds introduced by the US government to support businesses and individuals affected by the COVID-19 pandemic.
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