EFCC recovers N900m withheld in banks since 2015 for NHIS

NHIS headquarters in Abuja

NHIS headquarters in Abuja

The Economic and Financial Crimes Commission, EFCC, said it has recovered an additional sum of N900m belonging to the National Health Insurance Scheme, NHIS from some banks that have refused to remit the funds to the Scheme.

EFCC Head of Media and Publicity, Wilson Uwujaren, announced this in a statement on Saturday.

According to him, the recovered fund has been fraudulently withheld by some banks that have refused to remit it into the NHIS’ Treasury Single Account, TSA since 2015.

The EFCC spokesperson, however, said after the recovery, the funds were released to NHIS on February 8, 2023.

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EFCC said it had also on February 10, 20220 released the sum of N1.5billion similarly recovered from some the banks to the NHIS.

This, the anti-graft agency said was in addition to the N1.4 billion it recovered and released to the Scheme on August 5, 2022.

“The Executive Secretary of NHIS, Professor Muhammad Nasir Sambo had on July 29, 2021 commended the Commission for assisting the Scheme in the recovery of funds fraudulently trapped in the vaults of some commercial banks,” Uwujaren said in the statement.

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