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EFCC recovers N900m withheld in banks since 2015 for NHIS

Davies Ngere Ify by Davies Ngere Ify
February 18, 2023
in National
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The Economic and Financial Crimes Commission, EFCC, announced that it has recovered an additional N900 million from banks that refused to remit funds to the National Health Insurance Scheme, NHIS.

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

He claims that the recovered funds have been fraudulently withheld by some banks, who have refused to deposit them in the NHIS’ Treasury Single Account, TSA, since 2015.

The EFCC spokesperson, on the other hand, stated that the funds were released to NHIS on February 8, 2023, following the recovery.

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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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