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

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

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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