Jonathan’s Finance Coordinator Declared Wanted
EFCC has a bone to pick with another member of the Goodluck Jonathan inner caucus.
Ngozi Olojeme has been declared wanted.
She was Chairman of the Nigeria Social Insurance Trust Fund from 2009 to 2015. She has been was accused of allegedly stealing $48,485,127 from the NSITF.
The accused and some directors in the company reportedly siphoned billions of naira, including funds meant for the payment of allowances of its staff as well as compensation to contributors.
An EFCC report, alleged that the funds were said to have been traced to the accounts of some consultants and contractors, who were believed to be fronts for Olojeme and other directors.
The anti-graft agency's report said, “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.”
The report added that Olojeme sent her account officer at FBN to collect $48m from some NSITF contractors through a BDC operator.