Court Convicts Ex-NHIS Boss,Femi Thomas , BDC Operator For $2,198,900.00 Fraud in Lagos Justice Ayokunle Faji of the Federal High Court 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 ( Two million, One Hundred and Ninety Eight Thousand, Nine Hundred United States Dollars) 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. Six of the counts against Thomas bordered on money laundering and transferring, in cash, proceeds of unlawful activities, contrary to the provisions of the Money Laundering (Prohibition) Act, 2011 as amended. The second defendant, however,...