CHINA, RUSSIA, IRAN WARSHIPS ARRIVE IN SOUTH AFRICA FOR MILITARY EXERCISES. (PHOTO).

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 China, Russia, Iran warships arrive in South Africa for military exercises Chinese, Russian and Iranian warships arrived in South African waters for a week of naval drills starting Friday off the coast of Cape Town. The Chinese-led drills were organized last year under the BRICS bloc of developing nations and South Africa's armed forces said they will bring members of the bloc together to practice maritime safety and anti-piracy operations and “deepen cooperation.” China, Russia and South Africa are longtime members of BRICS, while Iran joined the group in 2024. It was not immediately clear if other countries from the BRICS group — which also includes Brazil, India and the United Arab Emirates among others — would take part in the drills. A spokesperson for the South African armed forces said he wasn't yet able to confirm all the countries participating in the drills, which are due to run until next Friday. Chinese, Russian and Iranian ships have been seen moving into and out ...
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EFCC ARRAIGNS FORMER NSITF BOSS FOR ALLEGED N1BN FRAUD. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns former NSITF Boss for Alleged N1bn Fraud


The Economic and Financial Crimes Commission, EFCC,  on Wednesday,  October 8, 2025 arraigned a former board chairman  of the Nigeria Social Insurance Trust Fund, NSITF, Ngozi Olejeme before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja.


She was arraigned on 8- count charges bordering on converting, transferring, procuring and taking possession of proceeds of unlawful activity to the tune of  N1000,000,000.00k( One Billion Naira only).


 Count one of the charge reads “That you Mrs Ngozi Olejeme while being the Board Chairman of the Nigeria Social Insurance Trust Fund (NSITF) sometime in February 2012, in Abuja within the jurisdiction of this Honorable Court indirectly converted the sum of  N321,600 .000 (Three Hundred and Twenty One Million, Six Hundred Naira) paid into the Sterling Bank plc account of ADIN MILES INTERNATIONAL LTD in 9th of February 2012 knowing that the funds constituted proceeds of unlawful activity and you thereby committed an offence contrary to Section 15(2) (b) and punishable under Section 15(3) of the Money Laundering (Prohibition) Act, 2011(As amended by Act No.1 of 2012)


Count 5 of the charge reads “That you Mrs Ngozi Olejeme while being the Board Chairman of the Nigeria Social Insurance Trust Fund (NSITF) on or about the 9th of February, 2012 in Abuja within the jurisdiction of this Honorable Court procured Chuka C. Eze to convert the sum of $2,000,000 (Two Million Dollars) into Naira for payment to ADIN MILES INTERNATIONAL LTD when you knew that the said $2,000,000 constituted proceeds of unlawful activity and thereby committed an offence contrary to Section 18© and punishable under Section 15(3) of the Money Laundering (Prohibition Act, 2011 (as amended by Act No 1 of 2012).


She pleaded not guilty to all the charges when read to her.


In view of her plea, prosecuting counsel, Emenike Mgbemele asked the court for a trial date to call his 14 witnesses.


However, defense counsel, Emeka Ogbogulo, SAN called the attention of the court to a bail application, praying the court to grant the defendant bail till trial date.


Justice Nwite released the defendant to her counsel and adjourned the matter to November 17, 2025 for hearing of bail application.

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