The Chairman of the Economic and Financial Crimes Commission, EFCC, Olanipekun Olukoyede, disclosed that he turned down offers of about N500m from various individuals during his mother’s funeral in 2019.
Olukoyede spoke at the 38th Anti-Corruption Situation Room in Abuja on Thursday, themed Ethics, Integrity, Corruption Risk Assessments, and Anti-Corruption at National and Sub-National Levels: Sustaining the Fight Against Corruption in Nigeria.
The program was organized by the Human and Environmental Development Agenda Resource Centre, Kano State Public Complaint and Anti-Corruption Commission, ICPC, and EFCC, with support from the MacArthur Foundation.
Olukoyede who was the EFCC’s secretary at the time, claimed that the large gifts, which included checks and drafts, were sent to him by ministers, permanent secretaries, directors, and other senior officials.
He explained that when he returned to his family home in Ekiti State, where the funeral was held, he noticed multiple checks in a carton.
After evaluating the cheques, which totaled about N500 million, he decided to return them.
The EFCC chairman narrated, “I lost my mother in the year 2019 (in Ekiti State). We went for the funeral. I was the secretary of the EFCC then. People came. So I went to my place a day before the funeral service. By the time I got to my small compound, which I built several years ago before I joined the EFCC, I saw about 17 cows in my compound, including pregnant ones.
“When I got home, my gate man presented a box (carton) to me, and inside it, I saw so many checks and drafts from ministers, permanent secretaries, directors, DGs of agencies, etc.
“And so, I went in and showed it to my wife. She said, ‘Praise God.’ I said, ‘Praise God for what?’ By the time we put all the checks together, it counted close to N500m.”
Olukoyede expressed concern about the potential consequences if he had deposited the checks into his account, particularly given his role in investigating the individuals who had sent them.
He explained that had the checks been found in his bank account, they could have been used against him during investigations and put doubt on his integrity.
He stressed the necessity of maintaining ethical conduct and openness, especially in his position at the EFCC.
“I did the burial in September 2019. By July 2020, I was under investigation. Now, assuming all those checks were paid into my account as traditional gifts and some of the MDAs that we were investigating in the EFCC, some of their directors and their DGs and their ministers sent checks to me.
“Ordinarily, I mean for burial, some gave me one million, N20m, and all of that. Even though that would not have influenced my decision if I were in a position to determine what would happen to their investigations, how would I have explained before a panel that they saw checks paid into my account?
“So, assuming they found those checks paid into my account, would it have been a good defense for me to say it was my mother’s burial when they were looking for me to roast? For me, that is what you call integrity. When you go beyond a level of expectation.”
During Olukoyede’s tenure as EFCC Secretary, he rejected bids from family members for auctioneering services.
His brother-in-law, an international auctioneer, and his elder brother applied to participate in a government auction of forfeited assets, but Olukoyede rejected their applications due to conflict-of-interest concerns.
He said, “My chairman then, we agreed that we should select a committee. So, we selected an asset forfeiture committee of about six directors, including myself as the chairman of the committee and a few other staff.
“We advertised for auctioneers. So, they applied. We were able to shortlist about 11 of them. My brother-in-law happens to be an international auctioneer. He applied. His application came to me. I saw it, and I shredded it. So, my PA, who knew him, called him and told him what I did, and for six months, he did not talk to me. So we did the auction.
“One of my elder brothers called me. ‘I heard you are doing an auction. I needed a truck for my business. I said, ‘Sir, go and read what we published.’ Conflict of interest. No staff of EFCC or immediate members of the family are allowed. He said no, they would use another name. I knew they could do that. I told him that I was not interested.
“After about eight months down the line, they set up a panel to investigate activities of the EFCC. My chairman and I were placed on suspension. They began to investigate what we did in the office. They investigated the particular auction I did in Port Harcourt. Now, assuming they found the name of my brother-in-law as one of the auctioneers. What would have been the result? Probably I may be in jail by now,” Olukoyede said.
