Two others are; Zackous Tejumola and Adenekan Clement.
Ogunmodede, a Professor of Agriculture, is also a Reverend of the Anglican Church, while Tejumade and Adenekan were chief accountant and staff of the agricultural research institute respectively.
They were charged on 16-count charge which bordered on conspiracy, unlawful conversion, and stealing of school subvention and other charges since 2011.
Justice Ayo Emmanuel sentenced the accused persons to four years jail term for each of the offences they were found guilty, running to forty years, which the court said will run concurrently.
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