The Economic and Financial Crimes Commission (EFCC) has arraigned Ngozi Olejeme, former chairman of the Nigeria Social Insurance Trust Fund (NSITF), before Justice Emeka Nwite of the Federal High Court in Abuja.
Olejeme faces an eight-count charge bordering on money laundering, conversion, transfer, and possession of proceeds of unlawful activity amounting to approximately ₦1 billion.
Olejeme allegedly converted ₦321.6 million into the account of Adin Miles International Ltd at Sterling Bank, knowing the funds were proceeds of unlawful activity.
She also allegedly procured Chuka C. Eze to convert $2 million into naira for payment to Adin Miles International Ltd, despite knowing the funds were proceeds of unlawful activity.
Olejeme pleaded not guilty to all charges. The prosecution counsel requested a trial date and indicated plans to call 14 witnesses.
The defense counsel filed a bail application, which Justice Nwite adjourned to November 17, 2025, for hearing.
The defendant was released to her counsel pending the hearing.