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            Home » Reinstatement of DG: SEC shut down by workers’ union
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            Reinstatement of DG: SEC shut down by workers’ union

            techBy techJune 3, 2019No Comments2 Mins Read
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            By Tony Obiechina, Abuja

            The Association of Senior Civil Servants of Nigeria (SCSN) Branch of the Securities and Exchange Commission (SEC), early on Monday morning locked up offices of the Headquarters over attempts by the suspended Director General, Mounir Gwarzo to resume duties.

            The Union is protesting attempts to reinstate the suspended Director General of SEC, Mounir Gwarzo, alleged to have perpetuated corrupt practices before his suspension.

            It would be recalled that Gwarzo was indicted for abuse of office and corruption by an Administrative Panel of Inquiry set up by the Federal Ministry of Finance headed by the Permanent Secretary, Dr. Mahmoud Isa-Dutse.

            Gwarzo was also indicted by the House of Representatives Ad-Hoc Committee which investigated his suspension by the former Minister of Finance, Mrs. Kemi Adeosun.

            But despite these indictments, the National Industrial Court on Thursday last week discharged and acquitted him in its ruling which had also been appealed against by the ICPC.

            According to Comrade Nelson Oleghe, Chairman, Association of Senior Staff Union, SEC Branch, “We are SEC staff members of Senior Staff Association of Nigeria,SEC branch.We are a labour union that press home demands and concern with welfare of members.

            “The suspended DG of SEC has been on suspension for almost two years following allegations of abuse of office levelled against him. the recommendations of the Special Investigation Panel that indicted him by the former Honourable Minister of Finance, Kemi Adeosun.

            “The suspended DG was charged to court by ICPC. The case was poorly handled by the judge and ICPC.

            In all of the court cases the issues of fraud was not mentioned and areas pointed out by the SIP was not touched by the judges.

            Oleghe said the union learnt from a reliable source that the suspended DG after being ” pronounced free by the court” he wants to stage a come back and resume duties.

            “After due deliberations at an emergency meeting held on Sunday June 02,2019 we have unanimously agreed to hold a peaceful protest to stop the purported action about to be taken by the suspended DG.We call on all staff of the union,press and general pubic to be aware and witness our action.

            “We believe that an institution that prescribes good Corporate Governance should be seen taking the lead. We say no to Gwarzo” he added.


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