Across Nigeria Corruption Matters Main News News

Finance minister suspends SEC DG, Gwarzo, over corruption allegationsn

The Minister of Finance, Mrs. Kemi Adeosun, on Wednesday announced the suspension of the Director-General of the Securities and Exchange Commission, Mounir Gwarzo, over allegations of financial impropriety levelled against him.

Also suspended were two management staff members of the commission.

They are the Head of the Media Division, Mr. Abdulsalam Naif; and the Head of Legal Department, Mrs. Anastasia Braimoh. They were also alleged to have engaged in financial impropriety.

Adeosun, according to a statement signed by the Deputy Director of Press in the Ministry of Finance, Mrs. Patricia Deworitshe, said the suspension was to allow for unhindered investigations of the allegations levelled against the embattled DG and the two other officials.

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