Economic and Financial Crimes Commission, has declared wanted the
Deputy Chairman, Finance Committee of the Goodluck Jonathan Presidential
Campaign Organisation in 2015, Dr. Ngozi Olojeme, over a $48m fraud.
Ngozi Olojeme has been accused of embezzling the said amount during her tenure
as the Chairman of the Nigeria Social Insurance Trust Fund from 2009 to
2015.
She and some directors in the company allegedly siphoned billions of
naira, including funds meant for the payment of allowances of its staff
as well as compensation to contributors.
“It was discovered that the NSITF accounts in First Bank of Nigeria and
other banks have witnessed a total turnover of over N62,358,401,927
between 2012 and 2015 from the Employee Compensation Scheme
contributions. That out of the N62bn, the Federal Government contributed
N13,600,000,000 while the sum of N48,758,401,927.80 was contributed by
the private sector. That there were several payments to individuals and
companies from the NSITF bank accounts for purported contracts or
consultancy services. That some individuals and companies that received
these payments, in turn, transferred part of the monies directly to the
NSITF officials while others transferred huge sums to bureau de change
operators who changed them to dollars. That through this process, Dr.
Ngozi Olojeme, the then NSITF board chairman, has collected a total sum
of $48,485,127 from Mr. Chuka Eze (her account officer at FBN), which
cash he collected on her behalf being the dollar equivalent of monies
paid to BDCs by NSITF contractors. That she has refused to honour
invitation and all efforts to get her to come and tell her own side of
the story have proved abortive hence her arrest warrant has been
obtained from court. We ask for the EFCC chairman’s approval to declare
the suspect wanted.”
The spokesman for the EFCC, Wilson Uwujaren, said Olojeme has been
declared wanted and called on Nigerians to provide useful information
that could lead to her arrest.
“Yes, she has been declared wanted. Members of the public are advised to
give us information that would lead to her arrest” he said