The newly appointed Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has issued an immediate directive for all Commission staff to adhere to civil service regulations and procedures by declaring their assets. This directive was given during his address to senior EFCC staff at the Commission’s Corporate Headquarters in Abuja on October 24, 2023. Olukoyede emphasized the critical importance of maintaining high ethical standards in the fight against corruption.
The asset declaration requirement applies to all staff members within the Commission, from level 17 downwards. Olukoyede set an example by declaring his assets and urged others to follow suit without fear. He also clarified that these declarations would be subject to investigation.
He stated, “All of us are going to declare our assets; from level 17, downward. I did mine, so there’s no reason for anyone to be afraid to do the same. Even the Commission Secretary did it, and you all may also have done it in the past, but there’s a need for all of us to do it again. We will declare our assets, and we are going to investigate it. We must live above board by setting the pace with good examples. As anti-corruption fighters, our hands must be clean, so we must declare our assets.”
In addition to asset declaration, Olukoyede urged EFCC staff to place greater emphasis on the core principles of combating economic and financial crimes, with a focus on enhancing the nation’s economy, creating a conducive environment for increased investment, and strengthening the productive foundation of the economy. He emphasized the need for the Commission to contribute positively to the nation’s development, instill confidence in investors, and promote transparency in governance.
Olukoyede also called for professionalism, thoroughness, integrity, and non-partisanship among EFCC staff. He stressed the importance of maintaining clean hands and rectifying any internal issues.
Furthermore, the Chairman assured EFCC staff of improved welfare packages, enhanced training, and equal opportunities to boost productivity. He warned against compromising the integrity of the Commission’s work, emphasizing that severe consequences would be meted out to those engaging in inappropriate conduct.
He assured staff that adherence to the rule of law would be a fundamental principle of their work at the EFCC. “The EFCC is a creation of the law. We must do our job in line with the dictates of the law. This is a standard international practice, and we will ensure that it becomes our established norm,” he concluded.
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