Tinubu Appoints Ola Olukoyode as EFCC Chairman
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News - October 13, 2023

Tinubu Appoints Ola Olukoyode as EFCC Chairman

Ola Olukoyode has been appointed as the Executive Chairman of the Economic and Financial Crimes Commission, EFCC.

This comes as President Bola Ahmed Tinubu approved his appointment alongside that of Muhammad Hammajoda as Secretary of the EFCC on a renewable term of five years.

Olukoyode takes over from Mr. Abdulkarim Chukkol who has served as the Acting Chairman of the EFCC. 

Meet Olukoyode, the new EFCC Chairman

Olukoyode boasts over twenty-two (22) years of experience as a seasoned lawyer. He is a regulatory compliance consultant and specialist in fraud management and corporate intelligence with extensive experience in the operations of the EFCC.

Before his appointment, he had previously served as Chief of Staff to the former Acting Executive Chairman, Mr. Ibrahim Magu and Secretary to the Commission.

Olukoyode’s appointment follows the resignation of the suspended Executive Chairman of the EFCC, Mr. Abdulrasheed Bawa.  The newly appointed EFCC Chairman hails from Ikere-Ekiti, Ekiti state. 

He was a member of the Fraud Advisory Panel, United Kingdom. Also, he worked at the law firm of former Vice President Yemi Osinbajo before joining the EFCC.

Olukoyede was suspended in the wake of Magu’s removal and investigation in July 2018.

Reports say he was reportedly among 11 officials shown the door after days of appearing at the presidential investigation panel probing allegations against Magu, which involved corruption and insubordination, as levelled against him by then Attorney-General of the Federation, Abubakar Malami.

Who is Muhammed Hammajoda, EFCC’s new secretary

Hammajoda holds a Bachelor of Science degree in Accounting from the University of Maiduguri and a Master’s in Business Administration from the same university.

Before his appointment, he has been the current Director of Finance and Accounts of the EFCC. 

He is also a public administrator with extensive experience in public finance management. He began his career as a lecturer at the Federal Polytechnic, Mubi. He further went into banking before becoming a public servant.

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