Chairman Of Nigerian Social Insurance Trust Funds, Ngozi Olejeme Ordered To Forfeit 48 Houses

1 month ago by: Daniel Bosai
-- Online (m) at 1-07-2020 07:08PM

(18886 | Hero)


Ngozi Olejeme has lost the battle against the EFCC in the court against keeping her 48 luxurious properties in Bayelsa and Abuja following allegations of misappropriation and corruption when she was the treasurer of Nigerian Social Insurance Trust Funds, NSITF.

The affected properties are spread across the Federal Capital Territory, Abuja, Bayelsa, Enugu, Edo and Delta states.

Mrs Olejeme who was also the Treasurer of the Jonathan-Sambo Campaign Organisation in 2015 has been on the run since 2016 and was in September, 2017, declared wanted by the Economic and Financial Crimes Commission, EFCC for criminal conspiracy, abuse of office, diversion of public funds and money laundering.

She was alleged to have, along with Umar Munir Abubakar, former managing director of NSITF, mismanaged and diverted over N69 billion, belonging to the federal government into their personal accounts through the award of spurious contracts to proxy companies.

The forfeiture order was granted after counsel to the EFCC, Ekele Iheanacho, convinced the court that the said properties were purchased with proceeds of crime. He buttressed his position with 14 exhibits, attached to his affidavit, filed on May 29, 2020.

In granting the application, Justice Taiwo ruled that the interim order should be published in a leading newspaper within seven days of receipt of the order and for any interested party to show cause within 14 days as to why the properties should not be permanently forfeited to the federal government.

He adjourned the matter till July 27, 2020.

Trouble began for Mrs Olejeme, who was NSITF chairman from 2009 to 2015, when the EFCC in 2016, received two petitions detailing multi-billion naira fraud allegations against her, Mr Abubakar and some bureau-de-change operators.



-- nikiniki Online (f) at 1-07-2020 07:50PM
(469 | Upcoming)

If women are not put in position of authority, you all cry foul! But your brazen crime is horrific and always unexpected. She looked like a pig...even with all the monies. Shame on you all
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-- Henrybobo Online (m) at 1-07-2020 08:04PM
(2139 | Gistmaniac)

nawa o.. people are really greedy .. only one person 48 houses
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-- Larsson4 (m) at 1-07-2020 08:56PM
(77 | Newbie)

Nawa oh who to trust in naija
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-- Boi2Man (m) at 2-07-2020 12:54AM
(640 | Upcoming)

But those women thief for GEJ administration sha!!!!!!!!
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-- titobenja (m) at 2-07-2020 09:24AM
(456 | Upcoming)

48 HOUSES? IS MY EYES SEEING RIGHT? PLEASE TELL ME ITS MY EYE ILLUSION...48 H.O.U.S.E.S Huh??THIS WOMAN HAS MIND OOO YOU ARE WICKED, VERY GREEDY AND ON TOP VERY VERY UGLY.
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-- kacylee (f) at 2-07-2020 10:27AM
(28273 | Addicted Hero)

what the hell is she doing with 48 houses, how many rooms can u sleep in at a time

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