NDC accuses gov't of diverting NHIS' GHC 17m into private investment company

NDC accuses gov't of diverting NHIS' GHC 17m into private investment company

The National Democratic Congress (NDC) has accused government of illegally transferring over GHC17 million of National Health Insurance Scheme’s funds into a private fund management company.

The NDC says the government is transferring the funds into All Time Capital Investment, a private company.

Speaking at the third edition of Moment of Truth Series organised by the NDC, Sammy Gyamfi attributed the current financial woes of the scheme to the diversion of funds and other alleged fraudulent activities.

NDC accuses gov't of diverting NHIS' GHc17m into private investment company

Sammy Gyamfi Source: Myjoyonline.com
Source: UGC

READ ALSO: Three Ghanaian universities recognised as part of the best in sub-Saharan Africa

“Our painstaking investigations have revealed that upon President Akufo-Addo assuming office – The National Health Insurance Authority without any due diligence… transferred a whopping GHC17, 548, 370.20 in three tranches into private financial house called All Time Capital Limited supposedly as investment,” Sammy Gyamfi stated.

According to the NDC’s Sammy Gyamfi, the transaction was done without due diligence and risk assessment.

“Government did not undertake any risk assessment. These are taxpayers monies which are supposed to finance the scheme and pay service providers so that our hospitals can be run for patients to access quality healthcare. But this is what they chose to use the monies for and the money is locked up there. What wrong have we done to President Akufo-Addo and his government?” he quizzed.

READ ALSO: 4 factors to know about the Accra-Tema Motorway which is killing Ghanaians

The Minority has over the past years been expressing concerns over the use of the NHIS funds for what it calls unnecessary programmes.

This followed, the allocation of NHIS funds of about GHC5 million for corporate social responsibility.

There have also been concerns by the Cape Coast Hospital over the non-payment of health insurance claims running into millions of Ghana cedis.

READ ALSO: Soldier and wife drown in Sunday’s downpour

Brainstorming: 6*8=? / Spell 'Your Name'| #Yencomgh

Subscribe to watch new videos

Want to be featured on YEN.com.gh? Send us a message on our Facebook page with your stories, photos or videos.

Source: Yen

Mailfire view pixel