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EFCC Returns Recovered N1.5 Billion to NHIS

The Economic and Financial Crimes Commission (EFCC) said on Friday that it returned a total of N1, 550,000.000 (One Billion, Five Hundred and Fifty Million Naira) to the National Health Insurance Scheme, NHIS.

The money, it said, was returned to the NHIS on on February 10, 2022.

The fund is part of monies which some commercial banks fraudulently withheld and refused to transmit to their Treasury Single Account (TSA) since 2015.

According to the EFCC Spokesperson in a statement on Friday, “the Commission had earlier on September 16, 2021 released N1, 300,000,000, also recovered from the banks to the Agency.”

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