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EFCC returns recovered N1.5bn to NHIS

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CITN, EFCC logo court John Abebe internet fraud forfeit Help Desk

The Economic and Financial Crimes Commission, EFCC, on 10 February returned the sum of N1, 550,000.000 (One Billion, Five Hundred and Fifty Million Naira) to the National Health Insurance Scheme, NHIS.

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

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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