EFCC Declares GEJ’s Finance Coordinator, Ngozi Olojeme, Wanted Over $48m
The 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. 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 ba...