The Economic and Financial Crimes Commission on Friday said it has returned N1.55 billion the National Health Insurance Scheme.
The agency said the money was part of the fund some commercial banks refused to transmit to the Treasury Single account since 2015.
This was disclosed by the EFCC spokesperson, Wilson Uwajuren, titled ‘EFCC returns recovered N1.5bn to NHIS.’ He said the money was returned on February 10.
He said the commission had earlier on September 16, 2021, released N1.3 million also recovered from the banks to the agency
The statement reads, “On February 10, 2022, EFCC returned the sum (One Billion, Five Hundred and Fifty Million Naira) to the National Health Insurance Scheme, NHIS.
“The fund is part of monies that 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.”