Olejeme ex-Chairman of NSITF granted bail in alleged N3bn fraud

A High Court of the Federal Capital Territory (FCT), Jabi, Abuja, has granted bail to a former Chairman of the Board of the Nigeria Social Insurance Trust Fund (NSITF), Ngozi Olejeme.

Olejeme, former aide to ex-President Goodluck Jonathan, was arraigned before the court on October 21 on a nine-count charge, of abusing her office, receiving bribe, awarding contracts without due process, among others.

The Economic and Financial Crimes Commission (EFCC), the prosecuting agency, said about N3 billion was involved in the alleged fraud.

In a ruling on Friday, Justice Maryam Hhasan Aliyu said she was inclined to granting the defendant bail because of the materials she placed before the court, which the prosecution did not dispute.

The Nation reports that Justice Aliyu adopted the conditions attached to the administrative bail earlier granted Olejeme by the EFCC, in 2017.

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The conditions include that the defendant should produce two Deputy Directors in government employment to stand as her sureties.

Upon an application by the prosecuting lawyer, Steve Odiase, Justice Aliyu adjourned till November 8, for the commitment of trial.

The judge, who said she would accord the case accelerated hearing, ordered the prosecution to bring as many witnesses as possible on the next date.

In one of the counts, Olejeme was alleged to have “dishonestly received the sum of N22,200,000.00” from a contractor with NSITF into her personal account No. 32327505058110 at GT Bank.

Olejeme was also accused of receiving $48,485,127.00, which was dollars equivalent of some funds received from contractors as “kickback.”