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Court orders seizure of 46 houses and land linked to ex-NSITF boss | Jehu's Blog
An Abuja high court has granted the interim forfeiture of houses and lands linked to former Chairperson of the Board of the Nigeria Social Insurance Trust Fund (NSITF), Mrs. Ngozi Juliet Olejeme. Olejeme was accused of using funds she received as kickbacks from contractors through third parties between 2009 and 2015, to buy properties including one she allegedly acquired for N1.3billion in Abuja in 2012. The 46 properties listed in documents filed by the EFCC in court, are said to be located in Abuja, Bayelsa and Delta states. “During Mrs. Olejeme’s tenure as aforestated, she collected a cumulative sum of USD $48, 485,127.00 from Chuka Eze (her Account Officer in First Bank Plc), Henry Sambo Ekhasomi (the Director of Finance of NSITF), Aliyu Zubairu (Director of Corporate Affairs -NSITF), Adebayo Aderibigbe and Abubakar Umar. “The said sum of USD $48, 485,127.00 represents the dollar equivalent of kickbacks paid to BDC (bureau de change) by contractors/consultants of NSITF on Mrs. Olejeme’s instructions as well as payments to the BDC operators directly from NSITF account. “The personal account of Mrs. Olejeme in First Bank Plc also received a total in-flow of N22, 200,000.00 from Hybrid Investment Advisors Ltd, a contractor to NSITF. “Excellent Solicitors & Consultants is one of the …