Home News House of Reps seek reversal of Gwarzo’s suspension

House of Reps seek reversal of Gwarzo’s suspension

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The House of Representatives has resolved to probe the suspension of the Director-General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, by the Minister of Finance, Kemi Adeosun, over alleged financial abuses.

While this is on, lawmakers want both parties to
“maintain the status quo” pending the outcome of the probe.

Gwarzo was suspended last week by Adeosun within the powers of her position as the Finance Minister.

Some analysts have argued that her move was directed at helping the alleged rot in SEC.

More to come