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HomeNewsFormer NSITF Chairman, Ngozi Olejeme in Trouble Over N1.3bn Fraud

Former NSITF Chairman, Ngozi Olejeme in Trouble Over N1.3bn Fraud

 

Ngozi Olejeme

 

By Our Reporter

The former Chairman of the Board of the Nigeria Social Insurance Trust Fund, Ngozi Olejeme is currently cooling her heels for allegedly abusing her office, receiving bribe, awarding contracts without due process amounting to about N3bn Olejeme was arraigned before an Abuja High Court on Thursday ordered and was remanded in the custody of the EFCC by Justice Maryam Aliyu.

Olejeme was alleged to have received the sum of N22.2bn from a contractor with NSITF into her personal account and was also accused of receiving $48,485,127.00, which was the dollar equivalent of some funds received from contractors as ‘kickback.’

When the charges were read to her, she pleaded not guilty, following which the prosecuting lawyer, Steve Odiase sought a date for the commencement of trial.

The defence lawyer, Paul Erokoro, SAN, moved a bail application and urged the Court to grant her bail either on self-recognition or on liberal terms.

According to him, the defendant returned to the country in 2017 on hearing that she was wanted for questioning by the EFCC. He added that she reported to the EFCC, was questioned and was granted bail, adding that she had been reporting to the EFCC since then.

Erokoro said since the defendant had remained faithful to the bail granted her by the EFCC, she would be available for trial.

He added that the bail application was based on medical grounds, saying Olejeme had been diabetic and hypertensive for 30 years.

The lawyer said the defendant was scheduled for one follow-up surgery next month.

Delivering her ruling, Justice Aliyu adjourned till Friday (today) for ruling on the bail application. He ordered that the defendant be kept in the custody of the EFCC

 

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