Tinubu Appoints Olukoyede as Chairman of EFCC
President Bola Tinubu has appointed Ola Olukoyede as the Chairman of the Economic and Financial Crimes Commission (EFCC) for a renewable four year term.
Until his new appointment, Olukayode was the secretary to the commission since 2018.
His appointment follows the resignation Of Abdurasheed Bawa who had been in the custody for the past weeks.
Tinubu, in a statement issued by his media aide, Ajuri Ngilale, also appointed Muhammad Hammajoda as the new secretary of the commission.
According to Ngilale, the new EFCC chairman was a lawyer of 22 years’ experience , a specialist in fraud management in corporate intelligence and the Lead Pastor of The Redeemed Christian Church of God, City of Refuge, Lagos, is the second non-Police officer and first Christian to head the commission..
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Past chairmen of the EFCC were Nuhu Ribadu, retired AIG, 2003-2007; Mrs. Farida Waziri, retired AIG, 2008-2011; Ibrahim Lamorde, retired DIG, 2012-2015; and Abdulrasheed Bawa, 2021-2023.
The statement read: “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 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.
