A high court sitting in Abuja has granted the interim forfeiture of houses and lands linked to the former Chairman of the Board of the Nigeria Social Insurance Trust Fund (NSITF), Mrs. Ngozi Juliet Olejeme.

Mrs Olejeme was accused of using funds she received as kickbacks from contractors through third parties between 2009 and 2015, to buy properties.

One of the properties was allegedly acquired for N1.3billion in Abuja in 2012.

The 46 properties listed in documents filed by the EFCC in court are said to be located in Abuja, Bayelsa and Delta states.

The EFCC said;

“During Mrs. Olejeme’s tenure as aforestated, she collected a cumulative sum of USD $48, 485,127.00 from Chuka Eze (her Account Officer in First Bank Plc), Henry Sambo Ekhasomi (the Director of Finance of NSITF), Aliyu Zubairu (Director of Corporate Affairs -NSITF), Adebayo Aderibigbe and Abubakar Umar.

“The said sum of USD $48, 485,127.00 represents the dollar equivalent of kickbacks paid to BDC (bureau de change) by contractors/consultants of NSITF on Mrs. Olejeme’s instructions as well as payments to the BDC operators directly from NSITF account.

Read more===https://thestreetjournal.org/2020/07/court-orders-efcc-to-seize-46-houses-and-lands-linked-to-former-nsitf-boss-ngozi-olejeme/