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Alleged diversion of funds: Court admits ex-chairman NSITF, Ngozi Olejeme to bail

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Alleged diversion of funds: Court admits ex-chairman NSITF, Ngozi Olejeme to bail

By Glory Abuh-Adejoh

An FCT High Court sitting in Jabi on Friday admitted former Nigeria Social Insurance Trust Fund (NSITF) board chairman Ngozi Olejeme to bail.

The court also adjourned the case until November 8 for a hearing.

The court adopted the administrative bail conditions already granted to the defendant by the Economic and Financial Crimes Commission (EFCC).

The conditions stipulated that the defendant had provided two deputy directors in a public establishment as security.

The judge, Judge Maryam Hassan, further ordered in the ruling that the accused’s travel documents be submitted to the court registry.

News Agency of Nigeria , reports that on Thursday the court ordered the accused to be remanded in custody by the EFCC pending Friday’s decision on the bail application submitted by the lawyer for the ‘accused, Paul Erokoro, SAN.

Olejeme is accused of criminal association, abuse of power, embezzlement of public funds and money laundering.

The offense she allegedly committed between 2012 and 2015, when she was chair of the NSITF board of directors.

The nine counts bordering on mismanagement, misrepresentation, kickbacks on contracts, and embezzlement of NSITF funds to personal accounts and companies in which it had an interest, formed the basis for the claim. in charge of the accused.

One of the charges alleged that the funds had been embezzled through the awarding of suspicious contracts to proxy firms.

The offense, the anti-corruption agency said, violated the provisions of sections 8,19 (1) (b) (1), punishable under the Corrupt Practice & other Related Offense Act 2000 and section 17. , (1) (2), 39 of the EFCC (establishment) law of 2004 and punishable under the same article.

The accused, however, pleaded not guilty to the charges against her.

With the accused pleading not guilty, prosecution attorney Steve Odiase requested a court date to allow the prosecution to prove their charge against the accused.

Erokoro for his part then moved his client’s request for bail.

Source: NAN

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