New EFFC Chair Ola Olukoyede Can’t Effectively Operate Without Investigative Background – Daniel Bwala

The New Diplomat
Writer

Ad

Gbenga Daniel, Dapo Abiodun Clash Over Alleged Demolition Plans

• Daniel: "Abiodun is targeting me, he wants to demolish my properties" • Abiodun: " It is not true. We are not targeting Otunba Daniel." By Abiola Olawale A heated dispute has erupted between former Ogun State Governor and current Senator representing Ogun East Senatorial District of Ogun State at the Senate, Otunba Gbenga Daniel,…

2027: Reaction as Kachikwu Says Jonathan Has Offered Obi Key Role to Quit Presidential Race

By Abiola Olawale Dumebi Kachikwu, the 2023 presidential candidate of the African Democratic Congress (ADC), has claimed that former President Goodluck Jonathan is allegedly attempting to sway Peter Obi, the Labour Party’s 2023 presidential candidate, to abandon his 2027 presidential ambition. According to Kachikwu, Jonathan has allegedly dangled the position of Coordinating Minister of the…

Tears as Ex-minister, Audu Ogbeh, Dies at 78

By Abiola Olawale A former Minister of Agriculture and Rural Development, Chief Audu Ogbeh, is dead. Ogbeh, who was also a former National Chairman of the Peoples Democratic Party (PDP), was said to have passed away peacefully on Saturday, August 9, 2025, at the age of 78. This was contained in a statement released on…

Ad

Daniel Bwala, spokesperson for Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP), has interrogated the rationale behind the appointment of Ola Olukoyede as Chairman of the Economic and Financial Crimes Commission (EFCC).

Bwala in an interview with Channels Television on Tuesday foresees an ineffective EFCC under Olukoyede who has never investigated a single financial related case prior to his appointment.

It would be recalled last Thursday, President Bola Ahmed Tinubu appointed Olukoyede to replace the former chairman of the anti-graft agency Abdulrasheed Bawa who was suspended due to some allegations levelled against him.

Olukoyede’s appointment was welcomed with criticisms of not meeting the required level of qualification as clearly stated in the law.

According to Section 2 of the EFCC Act the criteria for the appointment of a new chairman states that the person must have been a staff of the commission for not more than 15 years but Olukoyede a lawyer worked as chief of staff to Ibrahim Magu, the former chairman for two years between 2016 and 2018 and a secretary to the commission between 2018 and 2023.

However, the presidency in reaction to the criticisms defended the appointment of Olukoyede.

In a post on X by the senior special assistant to the president for public engagement, Fredrick Nwabufo, he defended Olukoyede’s appointment.

According to him, the appointment was approved by Tinubu in accordance with Section 2(3) of the EFCC (Establishment) Act, 2004.

He said, Olukoyede was a member of a law enforcement agency – the EFCC, as stipulated in the EFCC Act, and as such, satisfied every legal detail to be appointed chairman.

Meanwhile, given the sensitivity of the agency such as the EFCC, Bwala, a lawyer, faulted the appointment of Olukoyede who had no experience in law enforcement or security, describing his qualification as insufficient.

Bwala stated, “This is the point; there is a baseline. The baseline is that the person must come from a security or law enforcement agency of the government. The reference is the government, not the private sector.

“The security is one that is covered by the National Security Agency Act which comprises DIA, NIA and SSS. Law enforcement compromises both EFCC, the police, the NSCDC and the rest. He didn’t have power to hold guns, he never investigated a single case because he did not come as an operative.”

Ad

X whatsapp