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Meet Ola Olukoyede, new EFCC chairman

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President Bola Tinubu on Thursday appointed 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 Tinubu suspended the former chairman of the anti-graft agency chief, Mr. Abdulrasheed Bawa.

“Mr. Olukayode’s appointment follows the resignation of the suspended Executive Chairman of the EFCC, Mr. Abdulrasheed Bawa,” a statement signed by the President’s Special Adviser to the President on Media and Publicity, Ajuri Ngelale, read on Thursday.

Here are 10 things to know about Olukoyede:

 

1. Olukoyede was born on October 14, 1969.

2.. Olukoyede is a native of Ikere-Ekiti, Ekiti State.

3.. He had his university education at the Lagos State University; University of Lagos; Institute of Arbitration, France and the Kennedy School of Executive Education, University of Harvard, United States.

4.. The Ekiti State-born EFCC chairman was a member of the Fraud Advisory Panel, United Kingdom.

READ  EFCC to file 800 new corruption cases, vows to re-prosecute Orji Kalu

5. Olukoyede is a lawyer with over 22 years of experience as a regulatory compliance consultant and specialist in fraud management and corporate intelligence.

6. Olukoyede worked at the law firm of former Vice President Yemi Osinbajo before joining the EFCC.

7. At the EFCC, Olukoyede previously served as the Chief of Staff to the Executive Chairman, Ibrahim Magu (2016-2018)

8. He served as the Secretary of the anti-graft agency between 2018 and 2023.

9. Findings also reveal that he is a Pastor of the Redeemed Christian Church of God, City of Refuge, Lagos Province 12, Shasha, Lagos State.

10. He’s a member of the Federal Government Technical Committee on the Repositioning of the Nigerian Financial Intelligence Unit.

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Tinubu orders probe of security agents involved in arrest, detention of minors

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President Bola Tinubu has directed an investigation into the arrest and arraignment of minors detained for participating in the #EndBadGovernance protests.

Mohammed Idris, minister of information and national orientation, told State House correspondents that the president issued the directive to Lateef Fagbemi, attorney-general of the federation (AGF) and minister of justice.

Idris said the president has directed the immediate release of all minors arraigned over their involvement in hunger protest.

He added that Tinuhu also asked the humanitarian affairs ministry to rehabilitate the minors.

“Second, the president has also directed the ministry of humanitarian affairs and poverty reduction to immediately see to the welfare of those minors, and also take part to ensure their smooth reunion with their parents or guardians wherever they are in the country,” Idris said.

“Number three, the president has directed that a committee will be set up immediately to be headed by the ministry of humanitarian affairs

READ  Man fakes kidnap, demands N50m ransom from parent

“It’s actually an administrative committee, to look at all issues surrounding the arrest, detention, the treatment, and finally the release of these young minors.

“Fourthly, the president has also directed that all the law enforcement agents involved in the arrest and the legal processes will be investigated.

“And if there are any infractions found to have been committed by any official of government, be him a law enforcement agency or whoever that person may be, appropriate disciplinary action will be taken against him or her.”

In August, many Nigerians across different states staged #EndBadGovernance protest against the state of the station.

The 10-day protest turned violent in some states  with protesters, leading to looting and destruction of public and private properties.

Many of the protesters were also seen waving Russian flags in some northern states.

On November 1, the police arraigned 76 persons, mostly malnourished minors, for alleged involvement in the protest, charging them with treason.

READ  ‘Breach of law’ — Oshiomhole condemns Ododo for ‘rescuing’ Yahaya Bello during EFCC siege

However,  four of the minors collapsed n court.

The minors’ arraignment ignited public outcry on social media, leading to demands for their release, after which the attorney-general asked the police for the case files.

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BREAKING: EFCC arrests ex-Delta Gov Okowa for alleged fraud

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Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a former Governor of Delta State, Ifeanyi Okowa, for alleged diversion of N1.3 trillion 13% derivation fund from the federation account between 2015 and 2023.

 

An EFCC source confirmed the former governor’s arrest on Monday.

 

Okowa was arrested on Monday, November 4, 2024, in Port Harcourt, Rivers State, when he reported at the Port Harcourt Directorate of the EFCC on the invitation of investigators handling his matter.

 

The former governor was alleged to have failed to render accounts of the funds as well as another N40 billion he allegedly claimed he used to acquire shares in UTM Floating Liquefied Natural Gas.

 

Specifically, Okowa allegedly bought shares worth N40 billion in one of the major banks in the country representing 8% equity to float the offshore LNG. The funds were alleged to be used for other purposes.

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Investigators are also investigating the diversion of funds by the former governor to acquire estates in Abuja and Asaba in Delta state.

 

He is being held at the EFCC holding facility in Port Harcourt.

 

Okowa was the running mate to Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election.

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Tinubu orders release of minors arraigned over #EndBadGovernance protest

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President Bola Tinubu has directed that all minors arraigned over the #EndBadGovernance protest be released immediately. 

In a briefing with State House correspondents on Monday, Mohammed Idris, minister of information, said the president issued the directive to Lateef Fagbemi, attorney-general of the federation.

“I recall that I had a short briefing with Mr President early this evening, and he has directed the immediate release of all the minors that have been arrested by the Nigerian police, without prejudice to whatever legal processes,” Idris said.

“There are all minors. The president has directed that all of them be released immediately.”

In August, Nigerians embarked on a protest against economic hardship and spiralling inflation. The rallies turned violent in some parts of the country.

Some protesters were seen wielding Russian flags in certain northern states.

On November 1, the federal government arraigned 76 persons who allegedly took part in the protest, and charged them with treason.

READ  Kidnappers kill man in Ekiti, abduct wife, daughter, demand N50 million ransom

Majority of those arraigned were minors who looked malnourished and sickly. Four of the minors collapsed in the courtroom on the day.

The arraignment had sparked an uproar on social media amid calls for their release and respect for their right to dignity in line with the Child Rights Act.

The attorney-general had asked the police to hand over the case files in the wake of the uproar.

More to follow…

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