Home News Meet Dr Njozi Olejeme, Billionaire More corrupt than Allison Madueke.

Meet Dr Njozi Olejeme, Billionaire More corrupt than Allison Madueke.

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In many quarters, former Minister of Petroleum Resources, Diezani Alison-Madueke is labelled as one of the most corrupt persons in Nigeria. She has already been declared wanted by the Economic and Financial Crimes Commission (EFCC) in connection with a number of high profile corruption charges running into billions of naira.
According to the EFCC, Deziane who is also facing corruption charges in the United Kingdom, where she fled to in 2015, after Goodluck Jonathan lost his election, is accused of money laundering. In a 13 counts charge filed in November 11, 2018, the former flamboyant minister is accused to have unlawfully taken into her possession $39.7m and N3.32bn when she reasonably ought to have known that the money formed part of the proceeds of unlawful activities.
The EFCC noted that she used the money allegedly stolen to acquire choice properties including Block B3, comprising six penthouses and 18 flats at Zone N Federal Government Layout, also known as Bella Vista Estate, Banana Island, Ikoyi, Lagos, with the sum of $37.5m.
The anti-corruption agency also alleged that she bought a 13 three-bedroom terrace houses with one room maids’ quarters at Mabushi Gardens Estate, Abuja, with the sum of N650m. The fugitive former minister also allegedly acquired eight four-bedroom terrace houses, two three-bedroom penthouses, six three-bedrooms apartments, two three-bedrooms Mansionette, two two-bedroom apartments, one four-bedroom apartment at No. 4/6 Thorbun Avenue, and No 5 Raymond Street, Yaba, Lagos, with N937m, among other properties.
She was also said to have in May 2012, purchased in the name of Blue Nile Estate Limited, 16 four-bedroom terrace houses, at Plot 2C, Omerelu Street Diabu GRA, Port Harcourt Rivers State, with N928m.
But as mind-blowing and ridiculous as this may sound, it cannot be compared to the list of properties traced to Dr. Ngozi Juliet Olejeme former Chairman of the Nigeria Social Insurance Trust Fund (NSITF). The former Governorship aspirant in Delta State has broken all record when it comes to corruption in Nigerian.
According to the EFCC Olejeme who was the Chairman of NSITF from 2009 to 2015 misused and embezzled over N69 billion government funds. She allegedly diverted the money for personal purpose through the award of suspicious and bogus contracts to proxy companies. The EFCC said she carried out the corrupt act with active connivance of one Mr. Umar Munir Abubakar, a former Managing Director of NSITF.
The EFCC has since declared Olejeme missing after she repeatedly refused to honour invitation for questioning by the agency.
Dr Olejeme who was also the Treasurer of the Jonathan-Sambo Campaign is said to own a whopping 48 Luxurious Properties in Nigeria alone, all of whom have been seized by the EFCC. The affected properties are spread across, Federal Capital Territory, Abuja, Bayelsa, Enugu, Edo and Delta states.
The properties were seized following an order by a Federal High Court sitting in Abuja in June 1, 2020

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