‘N62.3b fraud’: EFCC freezes 30 accounts of former Nigerian Social Insurance Trust Fund Ngozi Olojeme , seize 37 assets

The Economic and Financial Crimes Commission EFCC has solidified 30 accounts and seized 37 resources purportedly having a place with the previous Chairman of the Nigerian Social Insurance Trust Fund, Dr. Ngozi Olojeme.

The Nation reports that the antigraft organization continued in seizing 37 properties connected to her in the wake of securing a court order.

EFCC sources say in one of the houses at No. 25, Kainji Crescent, Off Lake Chad Crescent, Maitama , Abuja, it revealed a best in class restroom suspected to have fetched about $2m to $4million. The EFCC is examining about N62.3billion extortion in NSITF with $48,485,127 credited to Olojeme.

The ex-NSITF, who was barbecued by the EFCC in January, is as yet put on managerial safeguard with a duty to report fortnightly for association.

Be that as it may, the EFCC however yesterday said Olojeme was yet to concede that she submitted any extortion while in office. She demanded that she was guiltless of the considerable number of claims against her disregarding the way that her Account Officer, Chuka Eze has spilled the bean.



EFCC sources say

"We have solidified 30 accounts followed to Olojeme in a few banks. In any case, our analysts found that she is the sort of individual who does not keep immense cash in these records. In some of these records, there were reserves running from N20million to N30million, which were inconsequential contrasted with slush stores followed to her. Examination affirmed that the trade plundered out NSITF was emptied under the pretense of honor of agreements. The agreement entirety will be paid to an organization and her Account Officer will pick the crude money and go to Bureaus De Change(BDCs). The Account Officer, who has made startling disclosures was really what our investigators named 'clearing and sending' for her. When we defied her with our discoveries, she declined to concede submitting any infractions while in office. She declined to concede having been certain that all the slush reserves were pulled back in real money. Up until this point, she is prepared to experience the rigors of trial. We are as of now looking for lawful guidance on regardless of whether she ought to be charged with other administration staff of NSITF or be attempted independently. As of now, the EFCC has charged a previous Managing Director of Nigeria Social Insurance Trust Fund (NSITF), Umar Munir Abubakar and four others for asserted redirection of N18billion out of the whole being referred to. The others are Deputy General Manager, Finance Henry Ekhasomi Sambo; General Manager, Legal Adebayo Adebowale Aderibigbe; Chief Richard U. Uche and Aderemi Adegboyega."

Reacting to an inquiry, the source included:

''We found a best in class lavatory in one of her homes at No. 25, Kainji Crescent, Off Lake Chad Crescent, Maitama , Abuja. The EFCC is suspecting that the lavatory may have taken a toll about $2m to $4million. At the suitable time after definite relinquishment of the manor, Nigerians will approach the astounding washroom."

EFCC has secured a court request to seize 37 out of 38 houses purportedly followed to Olojeme. The seizure took after an Interim Forfeiture Order by Justice A. I. Chikere of the Federal High Court, Abuja.
The request said to a limited extent

"A request of between time connection/relinquishment of the advantage connection of the properties set out in the calendar appended in this. An Order halting any transfer, transport, contract, rent, deal or distance or generally of the properties/resources portrayed in the calendar connected in this. An Order approving the Economic and Financial Crimes Commission to select equipped people/firm to deal with the advantages/properties recorded in the timetable in this, briefly relinquished to the Federal Government pending the finish of examination and assurance of criminal accusations against the suspects. What's more, for such further or different requests as this fair court may consider fit in the conditions of this cases. It is thus requested as takes after: that the request is conceded as implored. That the request made is to keep going for a half year. That no request as to cost."

The EFCC had in a report gave the points of interest of discoveries against the ex-NSITF supervisor.

The report said to a limited extent:

"That through this procedure, Dr. Ngozi Olojeme, the then NSITF board director, has gathered an aggregate total of $48,485,127 from Mr. Chuka Eze (her record officer at FBN), which money he gathered for her sake being what might as well be called monies paid to BDCs by NSITF temporary workers. She and others likewise occupied gigantic money dispensed for remittances of its staff and remuneration to supporters. Criminologists really followed a portion of the NSITF subsidizes in the individual records of Olojeme and the previous MD, Umar Abubakar. For example Abubakar and others deceptively changed over to N18billion, being commitment from the Federal Government of Nigeria as take-off awards and Employees Compensation Scheme (ECS) for MDAs. The said aggregate was redirected into individual records by an e-installment command together marked by Umar Munir Abubakar and Henry Ekhasomi Sambo."

The report included

"It was found that the NSITF accounts in First Bank of Nigeria and different banks have seen an aggregate turnover of over N62, 358,401,927 in the vicinity of 2012 and 2015 from the Employee Compensation Scheme commitments. That out of the N62bn, the Federal Government contributed N13,600,000,000 while the aggregate of N48,758,401,927.80 was contributed by the private part. That there were a few installments to people and organizations from the NSITF ledgers for indicated contracts or consultancy administrations. That a few people and organizations that got these installments, thusly, exchanged piece of the monies specifically to the NSITF authorities while others exchanged immense entireties to agency de change administrators who transformed them to dollars."

The advantages and their areas

Plot R/151(No. 30A) Kingsway Road, Old GRA, Enugu. Enlisted at Enugu Land Registry as No. 5 Page 5 in Volume 1659

Package of land estimating 4833.241 Sq. Meters situated at Uberi Bush along Mbiama Road, Yenagoa, Bayelsa State

Package of land situated at Igbanadan Bush, Emeya 2 Town Ogbia LGA in Bayelsa State.

Properties situated at 196, Melford Okilo Road, Amarata-Epie, Yenagoa, Bayelsa State

Properties situated at No. 25, Kainji Crescent, Off Lake Chad Crescent, Maitama , Abuja.

Property situated at Plot No. 933 Cadastral Zone B01, Gudu District, Abuja

All that piece/package of land with C of O No. DSTR 1227 and the properties in that likewise known Umuezeafada family arrive situated at KM 9, Asaba-Benin Express Road, Asaba, Delta State.

Plot 124 Cadastral Zone A02 Wuse Known as No. 30, Tunis Street, Off Lusaka Street, Wuse Zone 6, Abuja

Plot 3115 Cadastral Zone A04 Asokoro, Abuja.

Plot 2271 Cadastral Zone E12 Orozo, Abuja.

All that land parcel with C of O No. DTSR638 and the properties in that otherwise called Plot 101, Phase 1, Block 1 Core Area, Asaba Delta State

All that piece/package of land otherwise called Plot 1c, 3 and 4 Phase IV, Block 111 Core Area, Asaba, Delta State with C of O No. DTSR 1194.

No. 20 DBS Road, Asaba, Delta State

House/Flat 86, 11 Crescent, Kado Estate, Abuja

All that Piece/package of land and properties in that situated at Ogbe Onishe Village in Umagwu Quarters, Asaba, Oshimili South LGA of Delta State otherwise called Luxury Suites and Resort Hotel, situated off Nnebisi Road, Asaba

Properties situated at No. 204 Nnebisi Road, Asaba alongside STANBIC IBTC Bank

All that piece or bundle of land and properties thereof situated at Elibujor Layout, Opp DLA office, Asaba Oshimili South LGA of Delta State. NSITF office situated at Asaba Benin Expressway by Nuel Ojay Junction, Asaba.

Plot Nos 29 and 31 of Umonyia Ejedeofor Family Layout Ibusa Road situated along Benin-Asaba Expressway, Asaba, Delta State

All that piece/bundle of land with C of O No. DSTR 16326 and the properties in that otherwise called Plots 104 and 105, Block IV, Phase V, Core Area, Asaba, Delta

All that piece/bundle of land with C of O, No. DSTR 55853 and the properties in that otherwise called Plot 34. Stage 111, Block IV, Core Area. Asaba, Delta State

Properties situated at No. 17, Ebenuwa Street, Off Nnebisi Road, Asaba, Delta State

No. 3D Opolo, Old Commissioners Quarters, Yenagoa, Bayelsa State

All that piece/bundle of land otherwise called plots 7,8,11,12,15,16,19, 20,23, and 24 Phase IV, Block 111, Core Area, Asaba, Delta State with C of O No. DSTTR1194

All that piece/bundle of land with C of O No. DSTR15303 and the properties in that otherwise called Plot No. 16 Central Spine Phase IV, Asaba, Oshimili South LGA of Delta State

All that piece/package of land with C of O No. DSTR 16325 and the properties in that otherwise called Plots 109 and 110, Block IV, Phase V, Core Arae, Asaba Delta State

All that piece/package of land with C of O No. DSTR 13807 and the properties in that estimating 80.532 hectares in Aboha-Ogwashi-Uku(Layout) at Aniocha LGA. Delta State.

All that piece/package of land with C of O No. DSTR 15046 and the properties in that otherwise called Plots 96, 97, and 98 Layout Survey of Block 1, Bridge-Head, Asaba, Oshimili South LGA of Delta State estimating 6.684 hectares

All that piece/package of land and the properties in that situated at No. 42 Lawrence Road Akintola through Okpe Road, Sapele, Delta State estimating 1274.95 Square Meters and enrolled at Land Registry Asaba as No. 8 at page in Vol at 8

All that piece/package of land and the properties in that situated at Orugbe Bush, Emeyal 11 Town Ogbia LGA, Bayelsa estimating 3, 625.493 Square Meters.

All that piece/package of land and the properties in that situated at No 6 Sir C.A. Aghara Drive off Okpanam Road by NNPC Filling Station, Asaba, Delta State

All that piece/bundle of land and the properties in that situated at Oduke, Off Uche Nwembu Road, off Asaba-Benin Expressway, Asaba Delta State.

All that piece/bundle of land and the properties in that situated at No. 3, Ogwa Godspower Avenue, Oshimili LGA, Asaba, Delta State.

All that piece/bundle of land and the properties in that found No. 11 Chiweta Street,