Court Convicts Ex-NHIS Boss, Femi Thomas, BDC Operator For $2,198,900 Fraud In Lagos

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By Ebinum Samuel

 

Justice Ayokunle Faji of the Federal High Courtw sitting in Ikoyi, Lagos, on Thursday, July, 24, 2025, convicted the duo of Dr. Olufemi Martins Thomas, a former Executive Secretary, National Health Insurance Scheme, NHIS, and one Kabiru Sidi, a Bureau De Change Operator, for $2,198,900.00 fraud. Thomas was arraigned alongside Sidi on an amended seven-count charge bordering on money laundering to the tune of $2,198,900.00 brought against them by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC.

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