Nigerian President Bola Tinubu has appointed Mr. Ola Olukoyede as the new Executive Chairman of the Economic and Financial Crimes Commission (EFCC) and Mr. Muhammad Hammajoda as the new Secretary of the Commission.
Mr. 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).
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.
New EFCC chairman tasked with fighting corruption
In a statement, Tinubu said that the new leadership of the EFCC has a responsibility to justify the confidence given to them in this important national assignment. He said that a newly invigorated war on corruption undertaken through a reformed institutional architecture in the anti-corruption sector remains a central pillar of his administration’s Renewed Hope agenda.
The appointments of Olukoyede and Hammajoda come nearly four months after Tinubu suspended the erstwhile anti-graft agency chief, Mr Abdulrasheed Bawa.
The EFCC is the main anti-corruption agency in Nigeria. It is responsible for investigating and prosecuting financial crimes such as corruption, money laundering, and fraud.