NHIA Money of 17.5 Million GHC Stuck in All Time-Capital Limited – NDC Reveals



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General News of Monday, April 15, 2019

Source: kasapafmonline.com

2019-04-15

NHIA Locked Cash Sammy Gyamfi, revealed that NHIA officials have difficulty recovering blocked funds

An impressive amount of 17,548,377.20 GH belonging to the NHIA (National Health Insurance Authority) was blocked at All Time-Capital Limited.

Kasapafmonline.com understands that this amount was used as an investment in the troubled private financial firm by NHIA officials a few months after the New Patriotic Party (NPP) came to power.

National Democratic Congress (NDC) National Communications Officer Sammy Gyamfi told reporters on Monday in his address to reporters in Accra that the state's National Health Insurance System (NHIS), managed by the NHIA, was managed by the NHIA. the Authority have great difficulty in recovering the locked-in investment fund which has been paid in three installments.

"Irrefutable evidence tells us that, despite repeated efforts by the plan since November 2018 to recover the funds invested and accrued interest, All Time-Capital Limited has not repaid. In a recent upsurge that has angered some NHIA workers, All Time-Capital Limited informed the NHIA CEO that it could only attempt certain payments if the invested funds were allowed to be used for an extra year, "said Sammy Gyamfi.

The situation, according to the chief spokesman of the NDC, contributes to the worsening of the financial situation of the NHIS.

According to the NDC, All Time-Capital Limited was involved in the embezzlement in cash provided by the Bank of Ghana, which ultimately resulted in the creation of the collapsed sovereign bank.

In the eyes of the family of umbrellas, this revelation is not limited to what we see.

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