EFCC Arraigns Former NSITF GM, One Other, For N60m Fraud

The EFCC has arraigned a former General Manager and Head of Legal Services of the Nigeria Social Insurance Trust Fund, NSITF, Sir Adebayo Adebowale Aderibigbe and one Ogundele Mura Yisa-Yemi, Principal Partners at M.Y. Ogundele & Co Legal Practitioners, before Justice O.A Musa of the Federal Capital Territory, FCT, High Court, Jabi, Abuja.


Aderibigbe and Yisa-Yemi were arraigned on three-count charges bordering on conspiracy and obtaining the sum N60, 400, 00 (Sixty Million our Four Hundred Thousand Naira) by false pretence. 


Yisa-Yemi, between 2014 and 2016 did corruptly gave the aggregate sum of N60,400,000 (Sixty Million, Four Hundred Thousand Naira) to one Sir Adebayo Adebowale Aderibigbe on account of a contract awarded to him as consultant for processing and regularizing of Title Deeds and Survey Plans for the property of the fund at Era Village Oto-Awori Ijanikin, Badagry Expressway, Lagos.


On the other hand, Sir Adebayo Adebowale Aderibigbe, whilst being a public officer as GM/Head Legal Services of Nigeria Social Insurance Trust Fund, between 2014 and 2016 did corruptly received the aggregate sum of N60,400,000 (Sixty Million, Four Hundred Thousand Naira only)  from Yisa-Yemi, in relation to a contract awarded to him as consultant for processing and regularizing of the Deeds and Survey Plans for the property of the fund at Era Village, Oto-Awori, Ijanikin, Badagry Expressway, Lagos.