President Muhammadu Buhari may have ruled out a second
term for the Chairman of the Economic and Financial Crimes
Commission, Mr. Ibrahim Lamorde, The PUNCH has learnt.

Former President Goodluck Jonathan had on November 23, 2011 named Lamorde the commission’s acting chairman, after sacking Mrs. Farida Waziri as the chairman.

His appointment was later confirmed by the Senate on February 15, 2012.

The EFCC boss will complete his four-year term next month.
A top Presidency source told our correspondent on Thursday that it was almost concluded that Buhari would not renew
Lamorde’s tenure.

The source said the decision to name another chairman for the
commission at the expiration of Lamorde’s tenure was taken
because of the lull in the EFCC’s activities over the years.

“The impression is that the commission under Lamorde has been sleeping since. Their recent publicised activities are seen as just ways of impressing the President and the man (Buhari) cannot be fooled,” the official said.

The source however said it was not clear yet who the President
is considering to take over from Lamorde.

Ahead of the expiration of his tenure, media reports had it that Lamorde is currently being investigated over allegations of
diversion of over N1tn from the sale of confiscated properties belonging to convicted public officials, including a former
governor of Bayelsa State, Diepreye Alamieyesiegha and a
former Inspector-General of Police, Tafa Balogun, among many others.

The decision to probe him was said to have been taken after one George Uboh appeared before the Senate Committee on Ethics, Privileges and Public Petitions on August 23, where he alleged that Lamorde dipped his hands into the said funds.

But the government official told our correspondent that Buhari did not necessarily have to order for his probe when the Senate was already investigating the same matter.

He attributed the reports of alleged probe to what he called “the politics of succession” in the commission.

“The President does not need to order a probe of what is already a subject of the Senate’s investigation.

“Since the man is leaving office next month, it is natural that politics of succession would have started and that may be
responsible for the reports.

“Those who think the President may be considering a renewal
of tenure for him will naturally come up with such reports,” he
added.

The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, said he had no information on the matter
when approached on Thursday.

When the EFCC was created in 2003, Lamorde was made
Director of Operations under the pioneer chairman, Nuhu
Ribadu.

In December 2007 when Ribadu was removed by President Umaru Yar’Adua, Lamorde took over as Acting Chairman in January 2008, holding this position until Waziri was appointed Chairperson in May 2008.

He was then posted to Ningi in Bauchi State.

In December 2010, Lamorde returned to the EFCC, again as the Director of Operations. He replaced Stephen Otitoju, the acting Director of Operations.