Claims of Lack of Transparency Against Olukoyede False — EFCC

 The Economic and Financial Crimes Commission (EFCC) has refuted allegations of lack of transparency against its Chairman, Ola Olukoyede, issuing a statement on July 11, 2025, that defends his leadership. 

The claims, raised by unnamed critics over the handling of high-profile cases like the NNPCL probe, suggested opaque decision-making and selective prosecutions. EFCC spokesperson Wilson Uwujaren dismissed these as baseless, asserting that Olukoyede has overseen 1,200 convictions since 2024, with detailed case files available for public scrutiny.

The commission highlighted its collaboration with international agencies, including the recovery of $500 million in assets, as proof of accountability. Critics, however, point to delays in the N12 billion VAT case against Chinese firms as evidence of inconsistency, a charge the EFCC attributes to legal complexities. 

Olukoyede’s tenure, beginning in 2024, has been marked by efforts to digitize operations, but some stakeholders demand an independent audit. The statement aims to restore public trust, though skepticism persists among opposition figures.