Home News EFCC Recovers Unremitted N900m For NHIS

EFCC Recovers Unremitted N900m For NHIS


The Economic and Financial Crimes Commission (EFCC) announced that it has recovered an extra N900 million from banks that failed to transfer cash to the National Health Insurance Scheme (NHIS).
Wilson Uwujaren, the EFCC’s Head of Media and Publicity, revealed this in a statement on Saturday.

He claims that the recovered funds have been fraudulently kept by several institutions, 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 cash were released to NHIS on February 8, 2023, following the recovery.

According to the EFCC, it also released N1.5 billion on February 10, 2022.

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.