The Economic and Financial Crimes Commission, EFCC, has reportedly seized no less than 37 properties belonging to the former Chairman of the Nigerian Social Insurance Trust Fund in the ongoing N62.3 billion fraud case against her.
The anti-graft agency was also reported to have frozen a total of 30 bank accounts linked to the former NSITF boss who the EFCC claims is yet to confess to her part in the fraud case.
EFCC operatives reported that Dr. Ngozi Olomeje insisted that she was innocent of all the allegations against her in spite of the fact that her Account Officer, Chuka Eze has spilled the bean.
A source within the Anti-graft agency said: “We have frozen 30 accounts traced to Olojeme in some banks. But our detectives discovered that she is the kind of person who does not keep huge money in these accounts.
“In some of these accounts, there were funds ranging from N20million to N30million, which were insignificant compared to slush funds traced to her.
“Investigation confirmed that the cash looted in NSITF was evacuated under the guise of award of contracts. The contract sum will be paid to a company and her Account Officer will pick the raw cash and go to Bureaus De Change (BDCs).
“The Account Officer, who has made startling revelations was actually doing what our detectives termed ‘clearing and forwarding’ for her.
“When we confronted her with our findings, she refused to admit committing any infractions while in office. She refused to admit having been confident that all the slush funds were withdrawn in cash.
“So far, she is ready to go through the rigours of trial. We are already seeking legal advice on whether or not she should be arraigned with other management staff of NSITF or be tried separately.
“Already, the EFCC has arraigned a former Managing Director of Nigeria Social Insurance Trust Fund (NSITF), Umar Munir Abubakar and four others for alleged diversion of N18billion out of the sum in question.
“The others are Deputy General Manager, Finance Henry Ekhasomi Sambo; General Manager, Legal Adebayo Adebowale Aderibigbe; Chief Richard U. Uche and Aderemi Adegboyega.”
The EFCC source further added: “We discovered a state of the art bathroom in one of her houses at No. 25, Kainji Crescent, Off Lake Chad Crescent, Maitama , Abuja. The EFCC is suspecting that the bathroom might have cost about $2m to $4million.
“At the appropriate time after final forfeiture of the mansion, Nigerians will have access to the amazing bathroom.”