Tinubu appoints the EFCC’s new chairman

Ola Olukoyede has been chosen to lead the Economic and Financial Crimes Commission (EFCC) as executive chairman, and President Bola Ahmed Tinubu has given his approval for the appointment.

In addition, he designated Mr. Muhammad Hassan Hammajoda to hold the position of Secretary of the Commission for an initial four-year term, subject to Senate approval.

Ajuri Ngelale, the President’s Special Advisor for Media and Publicity, made this claim in a statement that Platinumpost on Thursday was able to get.

The entire declaration is as follows:

THE EFCC’S NEW CHAIRMAN AND SECRETARY ARE APPOINTED BY PRESIDENT TINUBU

According to the authority granted to President Bola Tinubu by section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004, which states that “the Chairman and members of the Commission, other than ex-officio members, shall be appointed by the President,” President Tinubu has given his approval for the appointment of Mr. Ola Olukoyede to serve as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) for a term that is initially renewable for four years.

Legal professional Mr. Ola Olukoyede has more than twenty-two (22) years of experience as a regulatory compliance consultant and expert in fraud management and corporate intelligence. He previously worked as the Executive Chairman’s Chief of Staff from 2016 to 2018 and the Commission’s Secretary from 2018 to 2023, giving him substantial knowledge with EFCC operations. He satisfies the legal prerequisite for appointment as the EFCC Chairman as a result.

The nomination of Mr. Olukoyede comes in response to Mr. Abdulrasheed Bawa, the EFCC’s suspended Executive Chairman, resigning from his position.

Read Also:BREAKING: Tinubu names advisers on new media (Full List)

In addition, President Bola Tinubu has given the go-ahead for the nomination of Mr. Muhammad Hassan Hammajoda to the position of Secretary of the Economic and Financial Crimes Commission (EFCC) for a five-year initial term that is extendable, subject to Senate approval.

With a Bachelor of Science in Accounting from the University of Maiduguri and a Master of Business Administration from the same institution, Mr. Muhammad Hassan Hammajoda is a public administrator with vast experience in managing public finances. At the Federal Polytechnic, Mubi, he started out as a lecturer. Following that, he entered the banking industry, where he had successful tenures with the now-defunct Allied Bank and Standard Trust Bank.

A newly reenergized fight against corruption waged through a reformed institutional architecture in the anti-corruption sector remains a key tenet of the President’s Renewed Hope agenda, and President Bola Tinubu charges the new leadership of the Economic and Financial Crimes Commission (EFCC) to demonstrate the merit of the trust placed in them in this crucial national assignment.

on October 12, 2023, Chief Ajuri Ngelale, Special Adviser to the President (Media & Publicity), would assume this position.

STATE HOUSE PRESS RELEASE :

PRESIDENT TINUBU APPOINTS NEW EFCC CHAIRMAN AND SECRETARY OF THE COMMISSION

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 twenty-two (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.

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

Furthermore, President Bola Tinubu has approved the appointment of Mr. Muhammad Hassan Hammajoda to serve as the Secretary of the Economic and Financial Crimes Commission (EFCC) for a renewable term of five years in the first instance, pending Senate confirmation.

Mr. Muhammad Hassan Hammajoda is a public administrator with extensive experience in public finance management who holds a Bachelor of Science degree in Accounting from the University of Maiduguri and a Masters in Business Administration from the same university. He began his career as a lecturer at the Federal Polytechnic, Mubi. From there, he went into banking, including successful stints at the defunct Allied Bank and Standard Trust Bank.

President Bola Tinubu tasks the new leadership of the Economic and Financial Crimes Commission (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.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

October 12, 2023