The Institute of Chartered Accountants of Nigeria (ICAN) has praised the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, for what it described as strong and impactful results in the fight against corruption.
The President of ICAN, Haruna Yahaya, gave the commendation in Abuja on Tuesday, February 10, 2026, during a courtesy visit to Olukoyede at the EFCC headquarters. He said the EFCC chairman’s achievements go beyond figures and have helped restore international confidence in Nigeria.
Yahaya highlighted major successes under Olukoyede’s leadership, including large-scale asset recovery worth hundreds of billions of naira, thousands of convictions, and improved global trust in Nigeria’s financial system. He also noted that Nigeria’s exit from the Financial Action Task Force (FATF) Grey List showed renewed commitment to accountability and professionalism.
ICAN proposed closer collaboration with the EFCC in areas such as forensic accounting, financial investigation, capacity building, joint training, expert witness support, research, ethics, and public awareness. Yahaya said the fight against corruption is stronger when law enforcement works closely with professional accountants.
In his response, Olukoyede welcomed the partnership and said the EFCC and ICAN share a common goal of building a corruption-free Nigeria. He announced plans to set up a joint committee to work out details of the collaboration and draft a memorandum of understanding.
However, the EFCC chairman raised concerns about some accountants who aid financial crimes. He urged ICAN to strengthen internal discipline, noting that some chartered accountants have been involved in major fraud cases without facing sanctions from the Institute.
Olukoyede said the proposed collaboration would also focus on addressing such issues and ensuring that ethical standards are upheld within the accounting profession.
