President Bola Tinubu has approved the appointment of Ola Olukoyede as the executive chairman of the Economic and Financial Crimes Commission (EFCC).
President Bola Tinubu has approved the appointment of Ola Olukoyede as the executive chairman of the Economic and Financial Crimes Commission (EFCC).
This comes nearly four months after he suspended the erstwhile anti-graft agency chief, Abdulrasheed Bawa.
“Mr. Olukayode’s appointment follows the resignation of the suspended Executive Chairman of the EFCC, Mr. Abdulrasheed Bawa,” a statement signed by the President’s Special Adviser to the President on Media and Publicity, Ajuri Ngelale, reads.
The statement is titled ‘President Tinubu appoints new EFCC. Chairman and Secretary of the Commission.’
The appointment is pending senate confirmation.
At the time former EFCC boss, Ibrahim Magu was removed from office on allegations of corruption, Olukoyede was the most senior official and was touted to replace him.
Unfortunately, former President Muhammadu Buhari chose to replace Magu with embattled Bawa.
Many claim the reason he did not replace Magu was because he is not an operative officer.
An ordained pastor of the Redeemed Christian Church of God, Olukoyode before his appointment was the Secretary of the anti graft agency.
From Ekiti State, Olukoyede is a lawyer with over 22 years of experience as a regulatory compliance consultant and specialist in fraud management and corporate intelligence.
He has extensive experience in the operations of the EFCC, having previously served as Chief of Staff to the Executive Chairman (2016-2018) and Secretary to the Commission (2018-2023). As such, he fulfills the statutory requirement for appointment as Chairman of the EFCC.
Tinubu also approved the appointment of Muhammad Hammajoda to serve as the Secretary of the EFCC for a renewable term of five years in the first instance, pending Senate confirmation.
Hammajoda is a public administrator with extensive experience in public finance management who holds a Bachelor of Science degree in Accounting from the University of Maiduguri and a Masters in Business Administration from the same university.
He began his career as a lecturer at the Federal Polytechnic, Mubi. From there, he went into banking, including successful stints at the defunct Allied Bank and Standard Trust Bank.
The President tasked the new leadership of the commission to justify the confidence given to them in this important national assignment as a newly invigorated war on corruption undertaken through a reformed institutional architecture in the anti-corruption sector.
