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Ola Olukoyede: 9 Facts About New EFCC Chairman, Tinubu’s Govt Shares
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Ola Olukoyede: 9 Facts About New EFCC Chairman, Tinubu’s Govt Shares

by  Ridwan Adeola 2 min read
  • Ola Olukoyede, a lawyer with over 22 years of experience, has been named the EFCC chairman
  • The new EFCC boss has experience in the operations of the EFCC, having previously served as Chief of Staff to the Executive Chairman and Secretary to the Commission
  • The presidency said he fulfills the statutory requirement for appointment as chairman of the EFCC

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FCT, Abuja - Fredrick Nwabufo, the senior special assistant on Public Engagement to President Bola Tinubu, has shared nine “facts on the legality of the appointment" of the new Economic and Financial Crimes Commission (EFCC) chairman, Ola Olukoyede.

Taking to his verified X (formerly Twitter) handle on Thursday, October 12, Nwabufo said Olukoyede is a trained regulatory compliance officer and a specialist in fraud management.

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

EFCC: Legality of Ola Olukayode's appointment

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The presidential aide also stated that the newly-appointed EFCC boss has years of leadership expertise as a fraud examiner.

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Nwabufo’s tweet partly reads:

"It is clear from the unambiguous provisions of the EFCC Establishment Act, 2004, that any member of the Commission whether serving or retired who has 15 years' cognate experience in their chosen career are eligible to be appointed as the Chairman of the Commission.
"Olukoyede is not only a trained regulatory compliance officer; he is a specialist in fraud management, compliance management, and corporate intelligence. He has more than 22 years of leadership expertise as a fraud examiner. He has led investigations and civil litigation of fraud and financial crimes in international development projects."

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The full nine "facts" on the legality of Olukoyede's appointment are contained in the tweet below:

Tinubu appoints new EFCC Chairman

Earlier, Legit.ng reported that President Bola Tinubu on Thursday, October 12, confirmed Olukoyede's appointment.

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.

Lawyer on Olukoyede's appointment

Legit.ng also 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:
Ridwan Adeola avatar

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.

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