Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned Mrs. Ngozi Olejeme, former chairperson of the Nigeria Social Insurance Trust Fund (NSITF), before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, over alleged ₦1 billion fraud.
Olejeme, who served as NSITF chair between 2009 and 2015, was docked on an eight-count charge bordering on money laundering, abuse of office, and criminal breach of trust.
The EFCC alleged that Olejeme diverted public funds amounting to over ₦1 billion during her tenure, including ₦321.6 million paid into the account of Adin Miles International Ltd, a company linked to her.
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She pleaded not guilty to all charges.
Prosecution counsel, Mr. Steve Odiase, informed the court that the EFCC would call 14 witnesses to testify against the defendant. He urged the court to fix a date for trial and requested that Olejeme be remanded in custody.
However, defense counsel, Mr. Paul Erokoro (SAN), applied for bail, arguing that the defendant had been cooperating with the EFCC since the investigation began.
Justice Nwite granted Olejeme bail in the sum of ₦500 million with two sureties in like sum and adjourned the matter until Nov. 18 for commencement of trial.
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The EFCC said the arraignment was part of its ongoing efforts to ensure accountability and transparency in public service.
Ravenewsonline reports that Olejeme previously served as a member of the 2014 National Conference and was a prominent figure in the Goodluck Jonathan administration
