• Latest
EFCC Arraigns Ex-NSITF Chairman, Olejeme Over Alleged N1b Fraud

EFCC Arraigns Ex-NSITF Chairman, Olejeme Over Alleged N1b Fraud

October 22, 2021
Dangote Group trailer reportedly crushes vehicle, kill entire family in Enugu

Truck Crushes LASTMA Officer, Motorcyclists to death

February 24, 2026
Ayedatiwa plans to kill APC in Ondo state, rewarding anti- APC members with appointments- Group alleges

Ayedatiwa’s Years of the Locusts, by Festus Adedayo

February 24, 2026
Bayelsa Assembly Confirms Diri’s Chief of Staff as Deputy Gov

Bayelsa Assembly Confirms Diri’s Chief of Staff as Deputy Gov

February 24, 2026
Sanwo-Olu Okays 50% Reduction in BRT, Other  State Transport Fares

Lagos Govt increases BRT Fares

February 24, 2026
OGUN GRANTS INVESTORS 50% DISCOUNT ON LAND USE CHARGE

Ogun Govt Tests Residents Over Alleged Lead Poisoning

February 24, 2026
Southern Kaduna Crises: Two Communities Sign Peace Agreement

El-Rufai Sues ICPC over Alleged Unlawful Invasion

February 24, 2026
Access Holdings Shares Drop Following Wigwe’s Death

Stock Market Opens with N804bn Gain

February 24, 2026
Troops Destroy Terrorists’ Logistic Base, Kill 29

Army GOC Escapes Terrorists’ Ambush in Kebbi

February 24, 2026
Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt

Teenager Arraigned For Attempting to Kill Another Girl

February 24, 2026
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Tuesday, February 24, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
  • Politics
  • Business
  • Crime
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Education
  • Sports
  • World News
  • Home
  • News
  • Politics
  • Business
  • Crime
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Education
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

EFCC Arraigns Ex-NSITF Chairman, Olejeme Over Alleged N1b Fraud

by Present Nigeria
October 22, 2021
in Crime
0
EFCC Arraigns Ex-NSITF Chairman, Olejeme Over Alleged N1b Fraud
27
SHARES
53
VIEWS
FacebookTwitterWhatsappTelegram

The Economic and Financial Crimes Commission (EFCC) on Thursday arraigned a former Board Chairman of the Nigeria Social Insurance Trust Fund (NSITF), Dr Ngozi Olejeme, before Justice Maryam Aliyu of the Federal Capital Territory (FCT) High Court, Jabi in Abuja.

Dr Olejeme was arraigned on nine counts bordering on criminal conspiracy, abuse of office, diversion of public funds and money laundering.

RelatedPosts

Truck Crushes LASTMA Officer, Motorcyclists to death

Ayedatiwa’s Years of the Locusts, by Festus Adedayo

Bayelsa Assembly Confirms Diri’s Chief of Staff as Deputy Gov

She was alleged to have abused her position to obtain over N1.384 billion and $48,485,127 while in office.

The offence, according to the EFCC, contravenes the provisions of Sections 8, 9 (1) (b) (1), punishable under the Corrupt Practice and Other Related Offence Act 2000 and Sections 17, (1) (2), 39 of EFCC (Establishment) Act, 2004 and punishable under the same section.

Count three of the charge read, “That you Dr. (Mrs.) Ngozi Olejeme being the former Board Chairman of Nigeria Social Insurance Trust Fund (NSITF), sometime between 2012 and 2015 in Abuja within the jurisdiction of the High Court of the Federal Capital Territory, Abuja, while being entrusted with dominion over money belonging to the Nigerian Social Insurance Trust Fund (NSITF) dishonestly received the sum of N350,000,000.00 (Three Hundred and Fifty Million Naira), the sum was paid into Able Jes Nigeria Limited GT Bank Account No. 323277283110, a company you have interest and used your position to confer unfair advantage upon the said company by receiving various payments from BDCs; the sum of N20,670,000.00 (Twenty Million, Six Hundred and Seventy Naira) by one Hassan Kano, a BDC Operator on the 26th April, 2013; the sum of N236,350,000.00 (Two Hundred and Thirty Six Million, Three Hundred and Fifty Thousand Naira) paid by one Musa Adamu, a BDC Operator on the 21st of April, 2013; the sum of N20,670,000.00 (Twenty Million, Six Hundred and Seventy Thousand Naira) paid by Mansur Abubakar, a BDC Operator on the 30th April, 2013; the sum of N16,160,000.00 (Sixteen Million, One Hundred and Sixty Thousand Naira paid by one Dauda Bullama on the 30th April, 2013; and the sum of N36,570,000.00 (Thirty Six Million, Five Hundred and Seventy Thousand Naira) paid by one Sauki, BDC Operator on the 8th of May, 2013 thereby committing an offence contrary to Section 19 and punishable under the same Section of the Corrupt Practices and Other Related Offence Act, 2000.”

Count four read, “That you Dr (Mrs) Ngozi Olejeme being the former Board Chairman of Nigeria Social Insurance Trust Fund (NSITF) sometimes between 2012 and 2015 in Abuja within the jurisdiction of the High Court of the Federal Capital Territory, Abuja, while being entrusted with dominion over money belonging to the Nigeria Social Insurance Trust Fund (NSITF) received benefit to doing a favour in the discharge of your official duties to (NSITF) by receiving the sum of N505,000,000.00 (Five Hundred and Five Million Naira) from Sir Adebayo Adebowale Aderibigbe which was sourced from the monies paid by (NSTTF) to Fountain Media Consults Ltd and Fountain Legal Services accounts as kickbacks and thereby committed an offence Contrary to Section 8(i) (b) (ii) and punishable under Section 8(D) (i) of the Corrupt Practices and Other Related Offences Act, 2000.”

The defendant pleaded ‘not guilty’ when the counts were read to her. Upon her plea, counsel to the EFCC, Steve Odiase, asked for a trial date.

The defence counsel, Paul Erokoro, informed the court of a pending bail application which was filed on October 18 and urged the court to grant his client bail on self-recognisance or in the alternative, in the most liberal terms.

He informed the court that his client was not a flight risk as she voluntarily returned to Nigeria when she heard that the prosecution wanted to question her.

Erokoro further stated that the bail application was predicated on medical grounds as the defendant has been diabetic and hypertensive for 30 years, and has had four major surgeries in the U.S and South Africa.

He said the defendant’s recent medical report from Federal Medical Centre, Jabi revealed that she required close medical monitoring as her medical status could lead to a medical emergency.

The prosecuting counsel did not oppose the bail application but urged the court to refuse the grant of bail on self-recognisance as suggested by the defence counsel.

Justice Aliyu, thereafter, adjourned the case till Friday for ruling on the bail application and remanded the defendant in the custody of the EFCC.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share11Tweet7SendShareShare2
Previous Post

Queen Elizabeth II Hospitalised

Next Post

NAPTIP Reunites Two 3-yr-old Kids Kidnapped In Lafia With Parents

Related Posts

Gunmen Attack Police Station, Kill Inspector

Gunmen Abduct Couple in Ondo Community

February 22, 2026
Police rescue six kidnapped victims in Zamfara

Police Arrest Two Suspects Impersonating Military Personnel

February 22, 2026
NSCDC Arrest 10 Suspects Over Vandalism, Other Crimes

NSCDC Arrest 10 Suspects Over Vandalism, Other Crimes

February 18, 2026
Three Nigerians Die In South Africa, Two Killed By Police

Police make arrest as father kills son after being caught with daughter-in-law

January 20, 2026
Next Post
NAPTIP Reunites Two 3-yr-old Kids Kidnapped In Lafia With Parents

NAPTIP Reunites Two 3-yr-old Kids Kidnapped In Lafia With Parents

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Dangote Group trailer reportedly crushes vehicle, kill entire family in Enugu

Truck Crushes LASTMA Officer, Motorcyclists to death

February 24, 2026
Ayedatiwa plans to kill APC in Ondo state, rewarding anti- APC members with appointments- Group alleges

Ayedatiwa’s Years of the Locusts, by Festus Adedayo

February 24, 2026
Bayelsa Assembly Confirms Diri’s Chief of Staff as Deputy Gov

Bayelsa Assembly Confirms Diri’s Chief of Staff as Deputy Gov

February 24, 2026
Sanwo-Olu Okays 50% Reduction in BRT, Other  State Transport Fares

Lagos Govt increases BRT Fares

February 24, 2026
  • BROKEN PROMISES: The Untold Story Of PHCN Privatization, Betrayed Workers & The Jettisoned Labour Agreement

    BROKEN PROMISES: The Untold Story Of PHCN Privatization, Betrayed Workers & The Jettisoned Labour Agreement

    199 shares
    Share 80 Tweet 50
  • PENSION ALERT FOR ALL WORKERS: A Call to Rescue Our Future from Exploitation

    174 shares
    Share 70 Tweet 44
  • Troops neutralise second-in-command to notorious bandit leader in Kogi

    146 shares
    Share 58 Tweet 37
  • The Great Betrayal Of Ex-PHCN Workers

    140 shares
    Share 56 Tweet 35
  • Yoruba Actor and Father to Skitmaker Isbae U, Sir Kay is Dead

    116 shares
    Share 46 Tweet 29

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

Recent News

Dangote Group trailer reportedly crushes vehicle, kill entire family in Enugu

Truck Crushes LASTMA Officer, Motorcyclists to death

February 24, 2026
Ayedatiwa plans to kill APC in Ondo state, rewarding anti- APC members with appointments- Group alleges

Ayedatiwa’s Years of the Locusts, by Festus Adedayo

February 24, 2026
Bayelsa Assembly Confirms Diri’s Chief of Staff as Deputy Gov

Bayelsa Assembly Confirms Diri’s Chief of Staff as Deputy Gov

February 24, 2026
  • Home
  • News
  • Politics
  • Business
  • Crime
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Education
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Crime
  • Entertainment
  • Health
  • Lifestyle
  • Opinion
  • Education
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.