Again, EFCC Recovers N1.4bn For NHIS

Economic and Financial Crimes Commission (EFCC) has recovered an additional sum of N1.4 billion for the National Health Insurance Scheme (NHIS).

EFCC sources said the money which was released to the NHIS on August 5, 2022, is part of the funds which some commercial banks fraudulently refused to transmit to the Treasury Single Account (TSA), since 2015.

The EFCC had in similar fashion on February 10, 2022, released the sum of N1.55 billion to the scheme.

This brings the total money recovered and returned by the EFCC to N3.9billion from commercial banks.

The EFCC, had in a statement by its head, media and publicity, Wilson Uwujaren, said the money was returned on February 10.

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According to him, the Commission had earlier on September 16, 2021, released N1, 300,000,000, also recovered from the banks to the agency.

The statement was titled, “EFCC returns recovered N1.5bn to NHIS.” It read, “On February 10, 2022, EFCC returned the sum to the National Health Insurance Scheme, NHIS.

“The fund is part of monies that some commercial banks fraudulently withheld and refused to transmit to their Treasury Single Account, TSA, since 2015.”