Witness narrates how Ex-HoS, allies diverted public funds to private companies in court
Tinubu appoints Olukoyede as EFCC Chairman, Hammajoda as Secretary
President Bola Tinubu has approved the appointment of Mr Ola Olukoyede as the Executive Chairman of the Economic and Financial Crimes Commission for a renewable term of four years in the first instance, pending Senate confirmation.
This comes nearly four months after the erstwhile anti-graft agency chief, Mr Abdulrasheed Bawa, was suspended.
“Mr. Olukayode’s appointment follows the resignation of the suspended Executive Chairman of the EFCC, Mr. Abdulrasheed Bawa,” a statement by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale, read on Thursday.
The statement is titled ‘President Tinubu appoints new EFCC. Chairman and Secretary of the Commission.’
It reads further, “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 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.
“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 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.”
