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Ola Olukoyede to Lead the Fight Against Financial Crimes
In a significant development, President Bola Ahmed Tinubu has appointed new leadership for the Economic and Financial Crimes Commission (EFCC). This strategic move comes following the resignation of the suspended Executive Chairman, Mr. Abdulrasheed Bawa, and aims to revitalize the fight against financial crimes in Nigeria.
Ola Olukoyede Takes the Helm as Executive Chairman
President Tinubu has approved the appointment of Mr. Ola Olukoyede as the new Executive Chairman of the EFCC. With over twenty-two years of experience as a lawyer specializing in regulatory compliance, fraud management, and corporate intelligence, Mr. Olukoyede is well-prepared to lead the charge against financial malfeasance. Notably, his previous roles within the EFCC as Chief of Staff to the Executive Chairman (2016-2018) and Secretary to the Commission (2018-2023) have equipped him with valuable insights and expertise.
This appointment aligns with the powers vested in President Tinubu as outlined in section 2 (3) of the Economic and Financial Crimes Commission (Establishment) Act, 2004.
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Muhammad Hassan Hammajoda Assumes Role as Secretary
In addition to Mr. Olukoyede’s appointment, President Tinubu has also given the nod to Mr. Muhammad Hassan Hammajoda to serve as the Secretary of the EFCC. With a background in public administration and extensive experience in public finance management, Mr. Hammajoda brings a wealth of knowledge to the role. He holds a Bachelor of Science degree in Accounting from the University of Maiduguri and a Masters in Business Administration from the same institution. His career journey includes a stint as a lecturer at the Federal Polytechnic, Mubi, and successful roles in the banking sector, including positions at the defunct Allied Bank and Standard Trust Bank.
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A Renewed Focus on the Battle Against Corruption
The newly appointed leadership of the EFCC is tasked with the critical responsibility of justifying the trust placed in them for this vital national mission. President Tinubu’s commitment to a reformed institutional architecture in the anti-corruption sector remains a central pillar of his “Renewed Hope” agenda. The fight against corruption is a top priority for the administration, and these appointments signify a fresh chapter in the EFCC’s endeavors to combat financial crimes in Nigeria.
This development underscores the government’s unwavering dedication to strengthening the EFCC and its resolute commitment to effectively combat corruption. With their extensive experience and qualifications, Mr. Ola Olukoyede and Mr. Muhammad Hassan Hammajoda are poised to lead the EFCC in safeguarding the nation’s financial integrity.
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