News

Ex-NSITF Boss Ngozi Olejeme Forfeits Properties To FG

Published

6 years ago

December 26, 2018

Track News

A Federal High Court, presided over by Justice Ijeoma L. Ojukwu has ordered the interim forfeiture of assets and properties traced to Ngozi Olejeme, a former chairman of Nigeria Social Insurance Trust Fund, NSITF.

Olejeme, who was the Chairman of Nigeria Social Insurance Trust Fund, is wanted in a case of criminal conspiracy, abuse of office, diversion of public funds and money laundering.

Justice Ojukwu granted on 21 December the application for forfeiture made by the Economic and Financial Crimes Commission, EFCC. Ngozi Olejeme, He ruled that the assets and properties set out in the schedule attached to the application be forfeited to the Federal Government of Nigeria, pending the hearing and determination of the trial in Charge No. CR/365/17.

The order was made, sequel to an Ex-parte Originating Summons, filed by the Economic and Financial Crimes Commission, EFCC, through its counsel, Elizabeth Alabi, on December 12, 2018, praying the court for the following orders: </span>

The schedule of properties referred to in the Summons include:

-Parcels of lands,

-Duplexes,

-A bank building,

-Hotel buildings, amongst others.

– Some of them are: one storey semi-detached residential building, located at house/flat 86, 11 Crescent, Kado estate, Abuja;

-A fenced plot of land with C of O No. DTSR16326, located at plots 104 and 105, Block IV, Phase V, Core Area, Asaba, Delta state;