Tag: #EFCC

  • Appointment Of Olukayode As EFCC Chairman Violates Commission’s Act

    Appointment Of Olukayode As EFCC Chairman Violates Commission’s Act

     

    Controversy has continueed to trail the appointment of Olukayode as EFCC Chairman by President Bola Tinubu and many critics holds the view that it is unlawful and illegal.

    They held that the runs foul of the provisions of Section 2 of the EFCC ACT which requires that the person to be appointed as EFCC Chairman, must amongst other things have;

    I. Been a serving or retired member of any security or law enforcement agency,
    II. Must have 15 years cognate experience of law enforcement, and
    III. Must not be below the rank of assistant commissioner of police

    Many have argued that Mr Olukoyede, a lawyer, is not qualified to be EFCC chairman under the law establishing the anti-corruption agency.

    Mr Olukoyede, although a former secretary of the EFCC and ex-chief of staff to the chairman of the commission, did not meet the requirements of section 2(3) of the EFCC Act, to be qualified for the appointment.

    The law stipulates that a chairman of the commission “must be a serving or retired member of any government security or law enforcement agency not below the rank of Assistant Commissioner of Police or equivalent; and possess not less than 15 years experience.”

    Mr Olukoyede, a lawyer, had no experience in any security or law enforcement agency until his first appointment at the EFCC in 2016 when he was appointed to serve as the Chief of Staff to then acting chairperson of the EFCC, Ibrahim Magu. A position he held from 2016 to 2018.

    Premium Times, reported that he was subsequently appointed as the secretary of the commission in 2018 and served in that capacity up till 2020 when he was suspended from office by then-President Muhammadu Buhari. He was suspended alongside Mr Magu and some other officials of the commission.

    While Mr Magu was replaced with Mr Bawa in February 2021, Mr Olukoyede was replaced with George Ekpungu as the secretary of the commission in June 2021.

    Some believe that he does not meet, at least, one of the three major criteria in the provision of section 2(1) of the EFCC (Establishment) Act, which requires the chairman to have “15 years cognate experience”.

    This assertion is based on the fact that Mr Olukoyede’s experience in any security or law enforcement agency only began with his appointment as the chief of staff to the EFCC chairman in 2016.

    In 2018, Mr Olukoyede was appointed the secretary to the commission, a position that qualifies as membership of the EFCC and can safely said to be higher than the equivalent of the rank of assistant commissioner of police, as the EFCC secretary legally serves as the head of administration of the anti-graft agency.

    But Mr Olukoyede held this position for only two years – between 2018 and 2020 when he was suspended by then-President Buhari without being recalled.

    Those who believe he is not qualified to be EFCC chairman argue that the number of years of his “cognate” experience, even factoring the number of years he served as chief of staff at the EFCC, the only law enforcement or security agency he has ever worked in, was insufficient.

    If he had continuously worked at the commission since 2016 unstopped, he would only have garnered about seven years of experience at a law enforcement or security agency, which opponents of his appointment believe falls short of the 15 years of “cognate” experience required to be qualified to become the chairman of the commission.

    Olukayode is a private legal practitioner and has never worked or belong to any security or law enforcement agency as a member

    He does not have 15 years cognate experience as a law enforcement officer and

    His private legal practice years cannot be equated to the rank in law enforcement. Not enough attending seminal courses as a private legal practitioner can equate to 15 years cognate experience contemplated by section 2 of the Act.

  • Controversy Trails The Appointment Of Olukoyede As The New EFCC Chairman

    Controversy Trails The Appointment Of Olukoyede As The New EFCC Chairman

    Culled From Premium Times

    President Bola Tinubu has appointed Olanipekun Olukoyede as the Chairman of the Economic and Financial Crimes Commission (EFCC), an appointment that has stirred controversy over the candidate’s qualifications for the job.

    Many are of the view that Mr Olukoyede, a lawyer, is not qualified to be EFCC chairman under the law establishing the anti-corruption agency.

    The president also approved the appointment of Muhammad Hammajoda as the Secretary of the EFCC for a renewable term of five years.

    Both appointments are subject to Senate confirmation.

    The appointments, announced in a statement by a presidential spokesperson on Thursday, confirm PREMIUM TIMES exclusive report days earlier about Mr Tinubu’s plan to name Mr Olukoyede as the next EFCC chief.

    Ajuri Ngelale, the presidential spokesperson who signed the statement, said Mr Olukoyede’s appointment followed the resignation of the immediate-past substantive chairman of the commission, Abdulrasheed Bawa.

    Mr Bawa has been in the custody of the State Security Service (SSS) facing investigations over undisclosed corruption allegations since his earlier suspension from office in June.

    PREMIUM TIMES reported that Mr Olukoyede, although a former secretary of the EFCC and ex-chief of staff to the chairman of the commission, did not meet the requirements of section 2(3) of the EFCC Act, to be qualified for the appointment.

    The law stipulates that a chairman of the commission “must be a serving or retired member of any government security or law enforcement agency not below the rank of Assistant Commissioner of Police or equivalent; and possess not less than 15 years experience.”

    Mr Olukoyede, a lawyer, had no experience in any security or law enforcement agency until his first appointment at the EFCC in 2016 when he was appointed to serve as the Chief of Staff to then acting chairperson of the EFCC, Ibrahim Magu. He held the position from 2016 to 2018.

    He was subsequently appointed as the secretary of the commission in 2018 and served in that capacity up till 2020 when he was suspended from office by then-President Muhammadu Buhari. He was suspended alongside Mr Magu and some other officials of the commission. He and Mr Magu were never recalled.

    While Mr Magu was replaced with Mr Bawa in February 2021, Mr Olukoyede was replaced with George Ekpungu as the secretary of the commission in June 2021.

    But the presidency’s statement announcing the new EFCC appointments on Thursday stated that Mr Olukoyede served as the secretary of the commission up till 2023.

    Controversy over Olukoyede’s qualification
    There is a raging controversy over Mr Olukoyede’s qualification to occupy the office of the EFCC chair.

    Some believe that he does not meet, at least, one of the three major criteria in the provision of section 2(1) of the EFCC (Establishment) Act, which requires the chairman to have “15 years cognate experience”.

    This assertion is based on the fact that Mr Olukoyede’s experience in any security or law enforcement agency only began with his appointment as the chief of staff to the EFCC chairman in 2016.

    In 2018, Mr Olukoyede was appointed the secretary to the commission, a position that qualifies as membership of the EFCC and can safely said to be higher than the equivalent of the rank of assistant commissioner of police, as the EFCC secretary legally serves as the head of administration of the anti-graft agency.

    But Mr Olukoyede held this position for only two years – between 2018 and 2020 when he was suspended by then-President Buhari without being recalled.

    Those who believe he is not qualified to be EFCC chairman argue that the number of years of his “cognate” experience, even factoring the number of years he served as chief of staff at the EFCC, the only law enforcement or security agency he has ever worked in, was insufficient.

    If he had continuously worked at the commission since 2016 unstopped, he would only have garnered about seven years of experience at a law enforcement or security agency, which opponents of his appointment believe falls short of the 15 years of “cognate” experience required to be qualified to become the chairman of the commission.

    On the other hand, some have argued that Mr Olukoyede ticks all the right boxes to be qualified as EFCC chair and that those who believe otherwise are only reading into the law what is not contained in it.

    Section 2(2) of the EFCC Act clearly identifies the secretary as a member of the commission. In fact, the provision designates the chairman and the secretary of the commission as the only permanent members, and others on the EFCC board as “part-time” members.

    Those in this school of thought say Mr Olukoyede meets the first condition of being a “serving or retired member of any government security or law enforcement”, having served as the secretary of the EFCC.

    They also say that his position as the secretary of the commission for two years was well above the equivalent of an assistant commissioner of police or its equivalent when compared with the rank of officials that head the administration of other law enforcement or security agencies. For example, a Deputy Inspector General (DIG) is the head of administration in the Nigeria Police Force.

    Concerning the third condition stipulated in section 2(1)(a)(iii) of the law, which requires a candidate for EFCC chair to “possess not less than 15 years experience,” the defenders of Mr Olukoyede’s appointment argue that his years-long pre-EFCC experience involving combatting corruption and fraud also forms part of his cognate experience.

    This experience, they say, does not have to be from working at a government institution, as it is not stated as such in the provision. They argue that it is improper to add to a legal provision what the maker has not included.

    Read the presidency’s full statement announcing the appointment of Mr Olukoyode below.

    STATE HOUSE PRESS RELEASE

    PRESIDENT TINUBU APPOINTS NEW EFCC CHAIRMAN AND SECRETARY OF THE COMMISSION

    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 (EFCC) 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 fulfils the statutory requirement for appointment as Chairman of the EFCC.

    Mr Olukoyede’s appointment follows the resignation of the suspended Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Abdulrasheed Bawa.

    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 (EFCC) 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.

    President Bola Tinubu tasks the new leadership of the Economic and Financial Crimes Commission (EFCC) to justify the confidence given to them in this important national assignment as a newly invigorated war on corruption undertaken through a reformed institutional architecture in the anti-corruption sector remains a central pillar of the President’s Renewed Hope agenda.

  • NSCDC Seeks EFCC’s Collaboration In Tackling Emerging Security Threats

    NSCDC Seeks EFCC’s Collaboration In Tackling Emerging Security Threats

     

    The Nigeria Security and Civil Defence Corps, NSCDC has called on the Economic and Financial Crimes Commission, EFCC, to collaborate with it in tackling emerging security threats across the country

    This call was made in Abuja on Thursday, July 28, 2022 by the National Coordinator of the female squad of NSCDC, Chief Superintendent of Corps, CSP Imomkhe Oluwakemi while on a working visit to the EFCC’s Headquarters.

    Oluwakemi said the female squad is a special squad in the NSCDC, formed through a Memorandum of Understanding between the Minister of Interior and the Commandant General of NSCDC to protect lives and properties especially in schools across the 36 states of the country.

    According to her, “we are carrying out sensitization programmes in schools to be security conscious, encouraging them to install surveillance devices and reaching out in cases of emergencies via our hot lines. Also, part of the reasons for our visit is to encourage the Commission to reach out to us if there is need for extra hands especially in areas of fire backing and other security needs”, she said

    Responding, Secretary to the Commission, Dr George Ekpungu, who spoke for the EFCC’s Chairman, Abdulrasheed Bawa, thanked the NSCDC’s team and emphasized the need for stakeholders to collaborate in tackling emerging security challenges in the country.

    “I have been told that if you need NSCDC personnel, you go for the female squad and you have demonstrated that it is not about size, gender but about determination and courage to do the job.

    “We already have a robust relationship with the NSCDC .We will do everything to support and collaborate with you”, he said.

  • Just In: EFCC Arrests Obiano At Lagos Airport

    Just In: EFCC Arrests Obiano At Lagos Airport

     

    The Economic and Financial Crimes Commission on Thursday arrested former Anambra State Governor, Willie Obiano at the Murtala Muhammad International Airport Lagos.

    Obiano, who has been on the Commission’s watchlist, was arrested at about 8.30pm.

    He was reportedly on his way out of the country to Houston, Texas in the United States after handing over to his successor, Governor Charles Soludo.

    Channels Television had reported last November how the EFCC had placed Mr Obiano on a watchlist.

    The EFCC had requested the Nigeria Immigration Service to inform it anytime the Governor is travelling out of the country from any of the international airports, as well as other points of entry and exit.

    It is, however, not yet clear why the anti-graft agency placed the governor on a watchlist.

    Sources told Channels Television that the move was an indication that the agency may have been discreetly investigating the governor and possibly have intelligence that he was planning to escape after handing over power to his successor, Professor Charles Soludo, on March 16, 2022.

    Former Anambra State Commissioner for Information, Don Adinuba, had, at the time, condemned the EFCC watchlist reports, claiming that they were politically motivated.

    “Governor Obiano has a whole four months to remain in office as the Anambra State chief executive,” Adinuba said. “Nobody in Nigeria can circumscribe his constitutionally conferred immunity which shields him from both criminal and civil prosecution.

    “The EFCC went too far to announce in November that it is observing him. We are not aware of any state governor who had up to four months to be in office and the EFCC went on to sponsor media reports that he was being investigated.”

  • EFCC Launches App For Online Reporting Of Economic Crimes

    EFCC Launches App For Online Reporting Of Economic Crimes

     

    The Economic and Financial Crimes commission, EFCC, on Wednesday, July 14, 2021, launched an App, Eagle Eye, designed to ease the process of reporting economic and financial crimes in Nigeria.

    Speaking during the launch, the Executive Chairman of the Commission, Abdulrasheed Bawa, described the App, being the first of its kind by any law enforcement agency in Nigeria, as a product of ingenuity by a staff of the Commission, being an application that was conceived, designed and developed by the EFCC.

    According to the EFCC chairman, the initiative is a clear demonstration of his pledge on assumption of office, to run an agency that is technology-driven. “The Eagle Eye represents a new experience in information sharing and crime reporting between the public and the EFCC”, he said.

    Apart from complementing the existing channels for reporting economic crimes, the unique advantage of this application, the EFCC Chairman further explained, is that it eliminates direct person-to-person interface in the reporting process and guarantees anonymity which is an added incentive to effective whistle blowing.

    While appealing to members of the public to take advantage of the App in bringing cases of corruption and economic crimes to the knowledge of the EFCC, Bawa said, “with the App, those who hitherto were afraid to report corruption cases to the Commission either for fear of being identified by the culprits or having their identities revealed, can now do so with the assurance of full anonymity”.

    He emphasized that the Eagle Eye App, will go a long way in aiding the reportage of fraudulent activities of individuals particularly in the case of Money Laundering through Real Estate. “With the Eagle Eye, Nigerians and Non Nigerians can easily take a picture of a property suspected to have been fraudulently or corruptly acquired and report through the App seamlessly”.

    He also said that as media practitioners, journalists occupy vantage positions not only in helping to bring the knowledge of the application to the public, but also making use of it and helping others to understand how it could be deployed to further the fight against economic crimes including corruption. “With the Eagle Eye, you have at your fingertips a device that will ultimately ensure that there is no hiding place for the corrupt in Nigeria”, he further explained.

    On how it works, the EFCC Chairman said, Eagle Eye is a user friendly application, with features that can be navigated by any literate person. The first step, he said, is to download it to device from either the Apple of Google play store.

    For those who want to key into the Whistle Blowing Policy of the Federal Government and obtain reward for reporting corruption, the EFCC Chairman said such persons should indicate in the information they are providing; just as he said that there are penalties clearly stipulated in the laws, for giving false information that could mislead the Commission.

  • Meet Dr George Abang Ekpungu, The New EFCC Secretary

    Meet Dr George Abang Ekpungu, The New EFCC Secretary

    By Ogar Solomon Ogar

    George Abang Ekpungu is a Nigerian politician and Lawyer. He was appointed the Secretary of the Board of the Economic and Financials Crimes Commission (EFCC) by President Buhari in June 2021.

    George Ekpungu is from Kakwagom in Boki, Cross River State.

    Educational Background
    George Ekpungu attended Ahmadu Bello University, Zaria, where he obtained a degree in Law in 1997. He was called to Nigerian Bar in 1999 after graduating from the Nigerian Law School.

    George Ekpungu obtained a master and doctorate degree in Capital Market Fraud/Commercial Dispute Resolution Strategy from Ahmadu Bello University in 2008 and 2018 respectively.

    Career
    George Ekpungu was a Group Compliance Officer for BGL Plc and principal consultant at George Kennedy Consultant from 2014.

    He is an experienced Enforcement/Compliance Manager with a demonstrated history of working in the Regulatory/Anti-Corruption Institutions

    George Ekpungu is skilled in Equities, Capital Markets, Financial Modeling, Portfolio Management, Risk Management, Fraud Investigation, Money Laundering, Corruption Risk Assessment, Asset Tracing, Asset Recoveries, Due Diligence Investigation/Intels gathering, Shrewd Negotiator, Great Team Player with Strong legal professional skills.

    He was a Staff, Facilitators/Project Supervisors at the NOUN Facilitation and Project Supervision Management System.

    George Ekpungu was appointed the commissioner for New Cities Development by the Cross River State Governor Ben Ayade in his first term.

    In 2019, George Ekpungu picked nomination form to represent Ikom/ Boki Federal Constitency in the Federal House of Representatives, but resignation was not accepted by the Governor.

    In June 2021, President Buhari appointed George Abang Ekpungu as the Secretary of the Economic and Financial Crimes Commission (EFCC), for a tenure of five years.

    The Office of the Attorney-General of the Federation announced the appointment of Mr. George Ekpungu as the new Secretary of the Economic and Financial Crimes Commission.

    According to a statement by the Spokesman for the AGF, Umar Gwandu, on Monday titled, ‘Buhari Appoints Ekpungu EFCC Secretary, Names Board Members’, that four others were appointed as board members, the appointment is in line with Section 2 (1) and Section 4 of the Economic and Financial Crimes Commission Act, 2004.

    George Ekpungu, a Christian is married with children.

     

  • EFCC Arrests Son, Mother for Alleged N50m Internet Fraud

    EFCC Arrests Son, Mother for Alleged N50m Internet Fraud

     

    Operatives of the Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, have arrested Ibeh Theophilus Uche, Chief Executive Officer, CEO, 10 Kobo Wine Place, Ikotun, Lagos alongside his mother for their alleged involvement in computer-related fraud to the tune of about N50million in Lagos.

    The 28-year-old suspect was arrested recently in his room in Radisson Blu Anchorage Hotel, Victoria Island, Lagos, following credible intelligence reports about his alleged criminal activities.

    During interrogation, Uche, who presents himself variously as Rachael Armstrong , Keanu Reeves, Rebekah Schwarzenberger, Keanu Private, Elizabeth Hortman and Stefan Paulson, confessed to being into Bitcoin investment scam, romance scam and identity theft.

    The suspect also confessed to have defrauded his victims to the tune of about N50m, since he started the criminal activities in 2020.

    Investigations revealed that the suspect had been using a First Bank account belonging to his mother, who is one of his accomplices, to launder the proceeds of his alleged criminal activities.

    Items recovered from the suspect are one iPhone 11 Pro Max; one iPhone 12 pro max; two MacBook Pro laptops; a PlayStation 5; an iPad and a small Nokia touch phone.

    Others are a Mercedes Benz S550 2015 Sedan car and a Lexus RX 350 SUV 2016, among other incriminating items.

    The suspect will soon be charged to court.

  • Man Arrested, Arraigned For Refusing To Return N2m Wrongly Paid Into His Bank Account

    Man Arrested, Arraigned For Refusing To Return N2m Wrongly Paid Into His Bank Account

     

    The Economic and Financial Crimes Commission (EFCC), on Monday, arraigned Odejobi Temitope Michael, before Justice E. N. Alukwu of the State High Court in Enugu.

    Michael was charged for failing to return N2,000,000 wrongly sent to his account. The money was inadvertently paid in February 2019, by Chikezie Chukuma, who thought the account belonged to an auto dealer. It was when Chukuma went to take delivery of the car he realized the error in payment.

    But the defendant failed to refund the money, forcing the owner to report the matter. Michael pleaded “not guilty” when the charge was read to him. His lawyer, B. J. Adigwe filed a motion for bail pending the determination of the case. The prosecution counsel, S. C. Anyanwu, opposed.

    Anyanwu argued that Michael might not return to face trial if he goes back to Benin Republic where he resides. Justice Alukwu ordered the remand of the defendant in EFCC custody and adjourned the case until April 25, 2021.

     

  • N2m Credit Alert Sends Ilorin Driver To Prison

    N2m Credit Alert Sends Ilorin Driver To Prison

    Culled From EFCC page

    A 45-year-old driver, Adetunji Tunde Oluwasegun, has been sentenced to two years imprisonment for fraudulently converting to personal use the sum N2million that was erroneously transferred into his account.

    The Ilorin Zonal Office of the Economic and Financial Crimes Commission (EFCC) had on Monday, January 18, 2021 arraigned Oluwasegun on one-count charge bordering on stealing before Justice Sikiru Oyinloye of the Kwara State High Court sitting in Ilorin. The offence contravenes Section 286 and punishable under Section 287 of the Penal Code.

    The charge reads:

    “That you, Adetunji Tunde Oluwasegun, sometime between the month of July, 2020 and 21st of August, 2020 at Ilorin, Kwara State, within the jurisdiction of this Honourable Court dishonestly took the sum of N2,000,000.00 (Two Million Naira), property of Sherifat Omolara Sanni, which she erroneously transferred to your bank account 0008383333 domiciled with Guaranty Trust Bank plc, without her consent and thereby committed an offence contrary to Section 286 of the Penal Code and punishable under Section 287 of the same Penal Code”

    The defendant pleaded ‘guilty’ to the charge when it was read to him.

    Justice Oyinloye found Oluwasegun guilty of the offence and sentenced him to two years imprisonment with a fine of N200, 000 (Two Hundred Thousand Naira).

    The judge also ordered the convict to restitute his victim the sum of N2million before he finished serving his jail term.

  • Man Gets 12 Years Imprisonment For Allegedly Withdrawing 1M From His Boss Account

    Man Gets 12 Years Imprisonment For Allegedly Withdrawing 1M From His Boss Account

    By Admin

    A 35-year-old bartender, Godwin Job, was on Tuesday, January 12, 2021 sentenced to eight years in prison for illegally withdrawing the sum of N1,079,290 (One million, Seventy Nine Thousand, Two Hundred and Ninety Naira) from a Fidelity Bank account belonging to his boss, Olufemi Joseph Odusanya.

    Job was convicted by Justice Bayo Taiwo of the Oyo State High Court in a two-count charge bordering on stealing, filed against him by the Economic and Financial Crimes Commission, EFCC, Ibadan zonal office.

    Following an investigations into a petition from his estranged boss, the Commission arraigned Job on August 17, 2020 to answer for the criminal allegations against him.

    The charges are: “Godwin Job (a.k.a Nifemi) “M’ sometime in August 2019 or there about, at Ibadan, within the jurisdiction of this court did steal an Automated Teller Machine (ATM) Card, property of Olufemi Joseph Odusanya and thereby committed an offence Punishable under Section 390 (9) Criminal Code, Cap 38, Laws of Oyo State 2000.”

    “Godwin Job (a.k.a Nifemi) “M’ sometime in August 2019 or there about, at Ibadan, within the jurisdiction of this court did steal the sum of One million, Seventy Nine Thousand, Two Hundred and Ninety Naira (N1,079,290) the property of Olufemi Joseph Odusanya, and thereby committed an offence punishable under Section 390 (9) Criminal Code, Cap 38 Law of Oyo State 2000.”

    The boss had accused Job of stealing his Automated Teller Machine (ATM) card through which he withdrew cash and made Point of Sales (POS) transactions totaling N1,079,290.

    In the course of investigation, the Commission discovered that Job made 14 transactions within two hours to evacuate the said amount from the victim’s account.

    Though he pleaded not guilty upon arraignment, the judge held that the prosecution was able to convince the court beyond reasonable doubt that the accused indeed committed the unlawful act.

    He then found him guilty as charged and sentenced him to four years in prison in each of the charges, which will run concurrently from the day of conviction.