President Bola A. Tinubu appoints a new EFCC Chairman.

President Bola Ahmed Tinubu has appointed Mr. Ola Olukoyede as the new Chairman of the Economic and Financial Crimes Commission (EFCC) and Muhammad Hassan Hammajoda as the secretary of the commission.

According to a statement by the presidential spokesman, Ajuri Ngelale, on Thursday 12th October, 2023, he said by the powers vested in President Bola Ahmed 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.”

Ngelale said 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 requirements for appointment as Chairman of the EFCC.

“Olukoyede’s appointment follows the resignation of the suspended Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Abdulrasheed Bawa,” he said.

Furthermore, the presidential spokesman said President Tinubu has approved the appointment of Muhammad Hassan Hammajoda to serve as Secretary of the anti-graft Commission for a renewable term of five years in the first instance, pending Senate confirmation.

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