EFCC recovers additional N1.4bn NHIS funds from commercial banks

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

In a statement by the commission’s Head of Media and Publicity, Wilson Uwujaren, the anti-graft agency said the funds were part of the monies which some commercial banks fraudulently refused to transmit to the Treasury Single Account (TSA), since 2015.

The commission said it released the recovered fund to the NHIS on August 5, 2022,

The EFCC had earlier on February 10, 2022 released a sum of N1.5billion recovered from banks to the NHIS.