Pulse.ng logo
Go

Finance 2 Nigerian banks work with anti-graft agency to freeze 30 accounts of ex-President’s aide

EFCC placed a post no debit order on 26 bank accounts in First Bank of Nigeria and another four bank accounts in Guaranty Trust Bank traced to Olojeme.

  • Published:
Boko Haram understands the power of educated girls, many of us do not play

Ex-President Goodluck Jonathan's former aide is currently being probed for alleged financial misappropriation.

(Al Jazeera)

 

  • First Bank of Nigeria and Guaranty Trust Bank have helped the EFCC in freezing the 30 accounts of Ngozi Olojeme, ex-President Goodluck Jonathan’s former aide.
  • The EFCC had placed a post no debit order on 26 bank accounts in FBN and another four in GTB traced to Olojeme.

Two Nigerian banks, First Bank of Nigeria and Guaranty Trust Bank have helped the Economic and Financial Crimes Commission in freezing the numerous accounts of Ngozi Olojeme, ex-President Goodluck Jonathan’s former aide.

Olojeme who runs thirty different bank accounts in the two banks, is being probed for alleged financial impropriety while she was the chairman of the Nigeria Social Insurance Trust Fund (NSITF) from 2009 to 2015.

The anti-graft commission had placed a post no debit order on 26 bank accounts in First Bank of Nigeria and another four bank accounts in Guaranty Trust Bank traced to Olojeme.

“She has about 26 accounts with First Bank and four at Guaranty Trust Bank. The accounts have been frozen pending investigations,” a source in the anti-graft commission was quoted.

The Nation further quotes the EFCC source as saying “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.

GTB, FBN, EFCC freeze 30 accounts of ex-President’s aide play

Ngozi Olojeme is in the eye of the storm following allegations of fraud in awarding contracts at Nigeria Social Insurance Trust Fund while she served as chairman.

(GistPartner)

 

“The Account Officer, who has made startling revelations was actually 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 She refused to admit having been confident that all the slush funds were withdrawn in cash.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.”

The freezing of Olojeme’s 30 bank accounts is coming less than three months after the EFCC seized 36 properties traced to her.

The former government official and other senior officials of the NSITF are in the eye of storm for allegedly diverting $48m (N68bn) under the guise of awarding contracts.

Olojeme was also the deputy chairman, finance committee of the Goodluck Jonathan Campaign Organisation in the 2015 presidential election.

Meanwhile, the Federal High Court in Abuja under Justice A.I. Chikere has ruled that the orders are granted as prayed by EFCC to prevent Olojeme from selling the forefeited properties or using it to secure a loan.

The judge, however ruled that the order will last only for six months.