The Economic and Financial Crimes Commission (EFCC) has declared former chairman of the Nigeria Social Insurance Trust Fund (NSITF) Ngozi Olejeme wanted.
NSITF is funded by deducting 1 per cent from all government and private sector employees enrolled in the scheme.
Olejeme served as the chairman of NSITF between 2009 and 2015 and also served as the Deputy Chairman, Finance Committee of the Goodluck Jonathan Presidential Campaign Organisation in 2015.
The Asaba, Delta state-born administrator was sacked by President Muhammadu Buhari in 2015.
Billions of naira diversion
Punch reports that Olejeme was accused of diverting $48,485,127 from the social insurance scheme designed to provide compensation to employees who suffer from occupational accidents or diseases in the line of duty.
Setting up a team of detectives to look into the allegations as well as the bank account of the NSITF, the commission uncovered suspicious transactions and diversion of funds.
Some funds were said to have been traced to the accounts of some consultants and contractors who were believed to be fronts for Olejeme and other directors in the NSITF.
Several directors and contractors were said to have been invited to explain their own side of the story, many of whom have since returned funds to the EFCC.
Confirming the development, the EFCC spokesman, Wilson Uwujaren, said: ”Yes, she has been declared wanted. Members of the public are advised to give us information that would lead to her arrest.”