The management of the Nigeria Social Insurance Trust Fund (NSITF) has applied to a Federal High Court in Abuja seeking to be handed 46 property...
The management of the Nigeria Social Insurance Trust Fund has applied to a Federal High Court in Abuja seeking to be handed 46 property, including houses and parcels of land in Bayelsa, Delta and Edo states and Abuja seized from the agency’s ex-Chairman, Ngozi Olejeme.
NSITF, claimed to be the principal victim of the alleged crimes purported committed by Olejeme,wh o served as the Chairman of the agency’s management board between 2009 to 2015. Part of the affidavit reads: “NSITF received N62b as grants and mandatory contributions from the Federal Government and the private sector employers for the implementation of the employees’ compensation scheme designed to provide fair and adequate compensation to employees who are victims of workplace or work related injuries.
“During the tenure of Ngozi Olejeme as Chairperson of the Management Board of the NSITF, over N60b was transferred out of the account of the NSITF with instruction and authorisation by Ngozi Olejeme under the guise of payment for contracts and consultancy services purportedly executed in total breach of procurement requirements.
“The property listed by the applicant in this suit for an order of forfeiture were acquired by Ngozi Olejeme during the period she served as Chairperson of the management board of the NSITF and the monies that she used in acquiring the said property were funds belonging to the NSITF.
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