Ola Olukoyede has been named by President Bola Tinubu as the Chairman of the Economic and Financial Crimes Commission, EFCC.
The news was made in a statement on Thursday by Ajuri Ngelale, Tinubu’s Special Advisor on Media & Publicity.
Following Mr. Abdulrasheed Bawa’s resignation as the Commission’s executive chairman on suspension, Olukoyede was appointed.
In addition, Tinubu authorized Mr. Muhammad Hassan Hammajoda’s appointment to the anti-graft agency’s Secretary position, initially for a five-year renewable term subject to Senate approval.
”By the powers vested in President Bola Tinubu as established in section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004, that “the Chairman and members of the Commission, other than ex-officio members, shall be appointed by the President,” President Tinubu has approved the appointment of Mr. Ola Olukoyede to serve as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) for a renewable term of four years in the first instance, pending Senate confirmation.
”Mr. Ola Olukoyede is a lawyer with over twenty-two (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.
”Mr. Muhammad Hassan 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 statement reads.
As a result, President Tinubu assigned the new Commission leadership the duty of defending the trust placed in them.