Nine of the students were from the Department of Business Administration while five were from the Department of Sociology, a statement from the university said on Tuesday.
It added that three of the students were from the Department of Political Science while four were from the Public Administration department.
The university made this known in a statement by its Head, Centre for Information, Press and Public Relations, Mr. Martin Adekoya.
Adekoya said the students, who had been directed to appear before the Examination Misconduct Panel, risked expulsion if they failed to report.
The institution’s spokesman, who added that the Senate of the university had already ratified the suspension, noted that the concerned students would not be allowed to participate in any activities on campus until the suspension was lifted.
Meanwhile, LASU’s Vice-Chancellor, Prof. Lanre Fagbohun, has inaugurated a five-man committee to investigate the alleged mismanagement of the properties of the Student Union Government of the university.
The VC, while inaugurating the committee, urged its members to carry out the assignment dutifully.
Fagbohun stated, “Allegations are rife that the last Student Union executive members mismanaged the union’s assets. We cannot sweep this under the carpet. If we do, we will be setting a bad precedence because the positions are that of trust and there must be a sense of transparency and accountability.
“The work of this committee is important and we believe it is well positioned to carry out the task.”
The committee Chairman, Prof. Nurudeen Olasupo, promised that its members would ensure fairness and accountability in the discharge of the task.