The Minister of finance, Kemi Adeosun has suspended three director General of securities and exchange commission, sec, Mr Mounir.
Minister @HMKemiAdeosun has suspended the Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir H. Gwarzo, from office.
This is to allow for an unhindered investigation of several allegations of financial impropriety leveled against the Director-General
It was learnt that Kemi Adeosun has set up an Administrative Panel of Inquiry (API) to investigate and determine the DG's culpability.
She has also directed him to immediately handover to the most senior officer at the Commission, pending the conclusion of investigation by the API.
Also, two management staff of the Commission – Mr. Abdulsalam Naif Habu, Head of Media Division and Mrs. Anastasia Omozele Braimoh, Head of Legal Department have been suspended.
They were suspended because they have been alleged to engage in financial impropriety in the Commission.
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