Olejeme is facing an eight-count charge related to converting, transferring, procuring, and taking possession of funds suspected to be proceeds of unlawful activity. The EFCC alleged that she diverted funds from the NSITF while serving as board chair.

One of the charges states that she indirectly converted over N321 million into the account of a company, Adin Miles International Ltd, knowing the funds were proceeds of crime. In another count, she was accused of procuring an associate to convert $2 million into naira, also for the same company, with knowledge that the funds were unlawfully obtained.

She pleaded not guilty to all charges. EFCC counsel informed the court that 14 witnesses would be called during the trial. Her lawyer urged the court to grant her bail, citing a pending application.

The presiding judge ordered that she be released to her counsel and adjourned the case for hearing of the bail application.

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Olejeme was previously declared wanted by the EFCC in connection with allegations of conspiracy, abuse of office, and laundering of N69 billion. A court had also ordered the interim forfeiture of 48 properties linked to her.

Source: Thecable