26.2 C
Tuesday, December 7, 2021

Abuja Court grants Ex-NSITF chairman, Olejeme bail over N3 bln fraud case

- Advertisement -spot_imgspot_img

An Abuja High Court has granted bail to a former Chairman of the Board of the Nigeria Social Insurance Trust Fund (NSITF), Ngozi Olejeme, who is facing a 9-count charges on corruption and abuse of office .

Olejeme was arraigned before the court on October 21 on a nine-count charge, in which she was accused of abusing her office, receiving bribe, awarding contracts without due process, among others.

In a ruling on Friday, Justice Maryam Hhasan Aliyu said she was inclined to granting the defendant bail because of the materials she placed before the court, which the prosecution did not dispute.

Justice Aliyu adopted the conditions attached to the administrative bail earlier granted Olejeme by the prosecuting agency the Economic and Financial Crimes Commission (EFCC) in 2017.

The conditions include that the defendant produces two Deputy Directors in government employment to stand as her sureties.

READ ALSO: CBN gives banks clean bill of health, says level loan defaults declining

Upon an application by the prosecuting lawyer, Steve Odiase, Justice Aliyu adjourned till November 8 for the commencement of her trial.

The judge, who said she would accord the case accelerated hearing, ordered the prosecution to bring as many witnesses as possible on the next date.

In one of the counts, Olejeme was alleged to have “dishonestly received the sum of N22,200,000.00” from a contractor with NSITF into her personal account No. 32327505058110 at GT Bank.

Olejeme was also accused of receiving $48,485,127.00, which was dollars equivalent of some funds received from contractors as “kickback.”

- Advertisement -spot_imgspot_img
Latest news
- Advertisement -spot_img
Related news
- Advertisement -spot_img