President Bola Tinubu on Thursday approved the appointment of Mr. Ola Olukoyede as the Chairman of Economic and Financial Crimes Commission for a renewable term of five years in the first instance, pending Senate confirmation
The appointment came barely four months after the erstwhile chairman, Mr Abdulrasheed Bawa was suspended by Tinubu.
“Mr. Olukoyede’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, read on Thursday.
The statement reads;
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.
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.
The statement added that the President also approved the appointment of Mr. 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 the important national assignment as a newly invigorated war on corruption undertaken through a reformed institutional architecture in the anti-corruption sector remains a central pillar of the President’s Renewed Hope agenda.
The Punch