Home CORRUPTION We are keeping recovered NHIS funds for safety – EFCC

We are keeping recovered NHIS funds for safety – EFCC

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EFCC Chairman Ibrahim Magu

The Economic and Financial Crimes Commission (EFCC) has confirmed that the loots recovered for the National Health Insurance Scheme (NHIS) is still in its custody, stating that it was being kept “for safety purposes”.

Ibrahim Magu, the acting EFCC Chairman, disclosed this when Professor Mohammed Sambo, NHIS Executive Secretary, paid an advocacy visit to the anti-graft agency, according to a statement issued by Ayo Osinlu, Head, Media and Public Relations, NHIS, on Saturday.

The monies, according to the statement, will be released to the NHIS after due process has been established.

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“Magu said the funds were retained in the safety of EFCC custody because the agency needed concrete assurance of due process, transparency and accountability in the further handling of the recovered funds”, the statement read.

Describing the NHIS as a very helpful institution in healthcare financing, the EFCC czar urged Sambo to reinforce his ongoing value reorientation strategy to deepen the moral tone of staff and stakeholders.

Speaking earlier, Sambo said it had asked the EFCC for the recovered funds from purported looters due to a paucity of resources bedevilling the NHIS.

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He said: “The call for the release of the funds partly arose from the dwindling resources of the NHIS, even while recent rapid assessments of the new leadership indicated pressing need of funds for critical activities to grow the mandate of the NHIS

“Part of our strategies for taking the NHIS to the next level include the professionalization of the operations of the organisation, strengthening the state offices to be able to effectively manage operations at that level since the bulk of the work is in the field space, and the firm application of the reward and sanction mechanism to regulate conduct of all players in the industry.”

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Sambo also thanked the EFCC for such recoveries in the past that had been remitted to the NHIS.

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