Alleged N90m fraud: Ex-NHIS boss, Yusuf granted N5m bail

A former Executive Secretary of the National Health Insurance Scheme, NHIS, Usman Yusuf, has been granted bail in the sum of N5 million with two sureties.
Alleged N90m fraud: Ex-NHIS boss, Yusuf granted N5m bail

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A former Executive Secretary of the National Health Insurance Scheme, NHIS, Usman Yusuf, has been granted bail in the sum of N5 million with two sureties.

Yusuf was granted the bail on Thursday by Justice Chinyere Nwecheonwu of the Federal Capital Territory High Court in Kuje, Abuja.

The judge, while delivering the bail terms, said that the two sureties must provide proof of means of livelihood, whether business or civil service, as well as valid identification, and their addresses are to be verified by the Prosecution or Court Staff.

The adjournment date of the case was moved from April 3 due to the Sallah break, which falls within that period.

The court subsequently adjourned the case to May 15, 2025 for trial.

DAILY POST reports that the former NHIS boss is facing a five-count charge of alleged fraud involving the sum of N90,439,178.

The Economic and Financial Crimes Commission, EFCC, is after Yusuf over alleged abuse of his office to gain undue advantages between 2016 and 2017.

He is also accused of awarding contracts without following proper procurement procedures.

He is said to have authorised the purchase of a vehicle at an inflated cost of N49,197,750, far exceeding the budgeted amount of N30,000,000.

Also, Yusuf, according to his accusers, allegedly awarded a N10.1 million training contract to a foundation linked to him, with only half of the intended beneficiaries participating in the programme.

Yusuf is further accused of awarding a N17.5 million media consultancy contract to a company owned by his nephew, bypassing standard procurement guidelines.

The EFCC arraigned Yusuf on February 3, 2025. He pleaded not guilty to all five counts when the charges were read to him.



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