EFCC RECOVERS NHIS N900M FUNDS FROM COMMERCIAL BANKS, REFUTES RAID ON TINUBU'S HOME

The Economic and Financial Crimes Commission, EFCC, in its Twitter official handle on Sunday, February 19, 2023, has disclosed the recovery of N900 million for the National Health Insurance Scheme, NHIS, a sum it said that "Deposit Money Banks fraudulently withheld since 2015" which they refused to remit "into the NHIS’ Treasury Single Account, TSA" while also disregard as fake news a report that it recovered a huge sum of money from the All Progressives Congress, APC, staandard-bearer, Asiwaju Bola Ahmed Tinubu.

The full statements reads:

"The Economic and Financial Crimes Commission, EFCC, has recovered an additional sum of N900,000,000 (Nine Hundred Million Naira) for the National Health Insurance Scheme, NHIS.

"The sum was part of monies which some Deposit Money Banks fraudulently withheld since 2015, and refused to remit into the NHIS’ Treasury Single Account, TSA.

"The recovered funds were released to NHIS on February 8, 2023, two days shy of one year, when the Commission, on February 10, 2022, also released the sum of N1, 500,000,000.00 (One Billion Five Hundred Million Naira) recovered from the banks to the NHIS.

"This is in addition to the N1, 400,000,000 (One Billion, Four Hundred Million Naira) earlier released to the Scheme on August 5, 2022.

"The Executive Secretary of NHIS, Professor Muhammad Nasir Sambo had on July 29, 2021 commended the Commission for assisting the Scheme in the recovery of funds fraudulently trapped in the vaults of some commercial banks."

In another post signed by its Head, Media & Publicity, Wilson Uwujaren, on the raid on the presidential candidate of the APC, it said:

"The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a report circulating in the social media, claiming that operatives of the Commission raided the home of Asiwaju Bola Ahmed Tinubu, standard-bearer of the All Progressives Congress, APC, in the forthcoming presidential elections and recovered a humongous sum of N400billion.

"The Commission wishes to state that no such operation was carried out by the EFCC. The public is enjoined to disregard the report as fake news."

Source: Twitter | Official EFCC