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EFCC helps NHIS to recover N900 million ‘fraudulently’ withheld by banks

The Economic and Financial Crimes Commission (EFCC) has recovered an additional N900 million for the National Health Insurance Scheme (NHIS).

The spokesman for the commission, Wilson Uwujaren, disclosed this in a statement on Saturday.

He alleged that the sum was part of the money which some deposit money banks fraudulently withheld since 2015 and refused to remit into the Treasury Single Account for NHIS.

According to him, the recovered sum was released to NHIS on February 8.

He noted that the commission had, on February 10, 2022, released to the NHIS N1.5 billion recovered from the banks.

On August 5, 2022, the commission also released N1.4 billion to the scheme.

The executive secretary of NHIS, Muhammad Nasir Sambo, had on July 29, 2021, praised EFCC for assisting NHIS in recovering funds trapped in commercial banks.

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