Alleged N69bn fraud: EFCC arrests finance chief of Goodluck Jonathan’s campaign


The Economic and Financial Crimes Commission has arrested Dr. Ngozi Olojeme, the Deputy Chairman, Finance Committee of the Goodluck Jonathan Campaign Organisation in the 2015 presidential election, The PUNCH has learnt.

The suspect, who served as the Chairman of the Nigeria Social Insurance Trust Fund from 2009 to 2015, was, in June, declared wanted for allegedly diverting N69bn from the agency.

Olojeme, who is also the widow to Felix Obuah, the late Chief Security Officer to Jonathan, was said to have fled the country shortly after her sacking by President Muhammadu Buhari in 2015.

The suspect, who was also the convener of the Subsidy Reinvestment and Empowerment Programme sub-committee on Public Works and Road Rehabilitation, finally reported at the EFCC on Monday after which she was detained

A detective at the commission stated, “After months of running, Mrs. Olojeme finally turned herself in. She is currently being detained and we have identified most of her properties.” The NSITF, which was headed by Olojeme, is a social insurance scheme designed to provide compensation to employees who suffer from occupational accidents or diseases in the line of duty.

The organisation is funded by deducting one per cent from all government and private sector employees enrolled in the scheme.

However, according to documents made available to The PUNCH, Olojeme and some directors in the company allegedly diverted billions of naira, including funds meant for the payment of allowances of its staff as well as compensation for contributors.

Trouble started for Olojeme shortly after her sacking by Buhari in 2015.

The EFCC subsequently received a petition alleging that over N50bn from the Employee Compensation Scheme fund, paid by Ministries Departments and Agencies and private companies, as well as another N18bn being the contributions of the Federal Government as take-off grants to the NSITF, was allegedly mismanaged and diverted into the personal accounts of Olojeme and Umar Abubakar, the Managing Director of the NSITF.



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