TINUBU APPOINTS OLUKOYEDE AS EFCC CHAIRMAN

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President Bola Tinubu approved Mr. Ola Olukoyede’s appointment  to serve as Executive Chairman of the Economic and Financial Crimes Commission for a renewable term of four years  in the first instance on Thursday, subject to Senate confirmation.

This comes nearly four months after he suspended the former head of the anti-graft agency, Mr Abdulrasheed Bawa.

“Mr. Olukayode’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 is titled ‘President Tinubu appoints new EFCC Chairman and Secretary of the Commission.’

Olukoyede is a lawyer with over 22 years of experience as a regulatory compliance consultant, fraud management specialist, and corporate intelligence specialist.

He has substantial experience in EFCC operations, having previously served as Executive Chairman’s Chief of Staff (2016-2018) and Secretary to the Commission (2018-2023). As such, he meets the legislative qualification for appointment as Chairman of the EFCC.

President Tinubu 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 vast experience in public finance administration. He possesses a Bachelor of Science degree in Accounting and a Masters in Business Administration from the University of Maiduguri.

He started his career as a lecturer at Mubi Federal Polytechnic. He then went into banking, where he had successful experiences with the now-defunct Allied Bank and Standard Trust Bank.

The president tasked the new leadership of the commission 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.

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