![Former Executive Secretary of the National Health Insurance Scheme, Usman Yusuf [Photo: Concise News]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2017/07/Executive-Secretary-of-the-National-Health-Insurance-Scheme-Usman-Yusuf.jpg?fit=750%2C450&ssl=1)
The recent arrest was a significant development in an ongoing investigation that focuses on serious allegations against him, specifically that he artificially inflated the budget for the Information and Communication Technology (ICT) sector from a substantial N4.975 billion to an even more considerable N8.7 billion. Additionally, he is accused of approving payments that surpassed his designated authorization limit, which raises further questions about financial misconduct.
On Wednesday, the Economic and Financial Crimes Commission (EFCC) conducted a thorough raid on the Abuja residence of Usman Yusuf, who previously held the position of Executive Secretary of the National Health Insurance Scheme (NHIS). During this operation, he was apprehended on charges related to alleged fraudulent activities that reportedly amount to a staggering N4 billion, among various other serious allegations that are currently under scrutiny.
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According to sources who spoke with TNDnews, the professor, who specializes in haematology-oncology and bone marrow transplantation, was taken into custody at approximately 4:30 p.m. on Wednesday. This arrest marks a crucial point in the investigation, as authorities aim to uncover the extent of the alleged financial irregularities and hold accountable those involved in this scandal.
N4 Billion Fraud Allegation: EFCC Arrests Former NHIS Boss Usman Yusuf.
