The Economic and Financial Crimes Commission (EFCC) has arraigned Ngozi Olejeme, the former Chairperson of the Nigeria Social Insurance Trust Fund (NSITF) Board, over alleged fraud involving ₦1 billion. She was arraigned before Justice Emeka Nwite of the Federal High Court in Abuja on eight counts of money laundering and conversion of funds.
Olejeme allegedly converted ₦321.6 million paid into the account of Adin Miles International Ltd, knowing the funds were proceeds of unlawful activity. She was also accused of procuring one Chuka C. Eze to convert $2 million into naira for payment to the same company, allegedly knowing the funds were proceeds of crime.
The case has been adjourned to November 17, 2025, for the hearing of Olejeme’s bail application.
The EFCC plans to call 14 witnesses to testify against Olejeme. Olejeme served as the NSITF Board Chairperson from 2009 to 2015. In 2021, she was also arraigned for alleged N1.4 billion fraud, highlighting a pattern of financial misconduct allegations during her tenure.
