BREAKING: Tinubu Finally Appoints New EFCC Chairman, Secretary, Details Emerge

BREAKING: Tinubu Finally Appoints New EFCC Chairman, Secretary, Details Emerge

  • A new man is at the helm of affairs at the Economic and Financial Crimes Commission (EFCC)
  • The EFCC is a Nigerian law enforcement agency that investigates financial crimes such as advance fee fraud and money laundering
  • President Bola Tinubu has announced that Olanipekun Olukoyede will replace the dismissed Abdulrasheed Bawa

FCT, Abuja - President Bola Tinubu on Thursday, October 12, appointed a new Chairman for the Economic and Financial Crimes Commission (EFCC), Olanipekun Olukoyede.

This is according to a statement sent to Legit.ng by Ajuri Ngelale, Tinubu's special adviser on media and publicity.

Ola Olukoyede/EFCC/Ola Olukoyede EFCC
Ola Olukoyede is new EFCC boss. Photo credits: @Imranmuhdz, @officialABAT
Source: Twitter

EFCC: Ola Olukoyede succeeds Bawa

Olukoyede's appointment follows the resignation of the suspended EFCC chairman, Abdulrasheed Bawa.

He is expected to serve in his new role for a renewable term of four years — pending Senate confirmation.

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EFCC chair: Tinubu suffers backlash as lawyers fault 'illegal' appointment, threaten lawsuit

Furthermore, President Tinubu approved the appointment of Muhammad Hassan Hammajoda to serve as the Secretary of the anti-graft agency for a renewable term of five years in the first instance, also pending confirmation by the Nigerian senate.

The statement by the presidency partly reads:

"President Tinubu tasks the new leadership of the EFCC 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 remains a central pillar of the President's Renewed Hope agenda."

Who is new EFCC boss, Ola Olukayode?

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 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). The presidency said these are reasons he fulfills the statutory requirement for appointment as chairman of the EFCC.

Read also

Olanipekun Olukoyede: List of EFCC chairpersons since inception in 2003

Lawyer on Olukayode's appointment

Earlier Legit.ng reported that a lawyer, Tony Idoko, revealed why Olukoyede is qualified to head the anti-graft agency.

A group, Alliance for Good Governance and Due Process, had kicked against Olukoyede’s appointment, citing his suspension alongside Ibrahim Magu by a panel of inquiry led by Justice Ayo Salami. However, Idoko has a different view.

Source: Legit.ng

Authors:
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Ridwan Adeola (Current Affairs Editor) Ridwan Adeola Yusuf is a content creator with more than nine years of experience, He is also a Current Affairs Editor at Legit.ng. He holds a Higher National Diploma in Mass Communication from the Polytechnic Ibadan, Oyo State (2014). Ridwan previously worked at Africa Check, contributing to fact-checking research works within the organisation. He is an active member of the Academic Excellence Initiative (AEI). In March 2024, Ridwan completed the full Google News Initiative Lab workshop and his effort was recognised with a Certificate of Completion. Email: ridwan.adeola@corp.legit.ng.