- A House of Representatives has condemned the suspension of the director general of the Security and Exchange Commission (SEC), Mounir Gwarzo
- Danlami Kurfi said the suspension of Gwarzo by the finance minister is an abuse of public office
- The lawmaker representing Dutsinma/Kurfi federal constituency of Katsina state called for the immediate reversal of Gwarzo's suspension
A member of the House of Representatives has condemned the suspension of the director general of the Security and Exchange Commission (SEC), Munir Gwarzo, by the minister of finance, Kemi Adeosun.
The vice chairman of the House committee on petroleum downstream, Danlami Kurfi, called for the immediate reversal of the suspension slammed on Gwarzo by Adeosun.
Kurfi who is also the lawmaker representing Dutsinma/Kurfi federal constituency of Katsina state said Gwrazo's suspension is an abuse of public office.
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Danlami Kurfi said the suspension of Gwarzo by the finance minister is an abuse of public office. Photo source: Lawal
In a statement released on Wednesday, December 6, Kurfi said the action of the finance minister is capable of casting doubt in the minds of many Nigerians in the on going anti-corruption war.
He said fact available in the public domain suggests that Gwarzo's suspension was done to avert forensic audit of Oando Plc.
Kurfi said: "We have to build confidence on investors by proving that our resolve to reposition the economy is not mere fluke.
Munir Gwarzo has demonstrated exemplary leadership as the director general of the Securities and Exchange Commission. He is a trusted helmsman that has earned the respect of stakeholders in the Nigerian capital market operations," Kurfi said.
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Stating that Gwarzo's suspension is unacceptable of a government official, the lawmaker called for an immediate reversal of Gwarzo's position as the director general of SEC.
NAIJ.com earlier reported that the House of Representatives had vowed to probe the suspension of the director general of SEC.
Gwarzo was suspended by the minister of finance, Kemi Adeosun, over alleged financial abuses.
The lawmakers also asked both Gwarzo and Adeosun to maintain the status quo pending the outcome of the probe.
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Also, the south south coordinator of the Oando Shareholders Solidarity Group (OSSG), Clement Ebitimi, called on President Muhammadu Buhari to sack Adeosun for allegedly meddling in the forensic audit of Oando Plc.
Ebitimi said Adeosun has “lost the moral authority” to remain in President Buhari’s cabinet considering “her repugnant role in shielding the embattled management of Oando Plc from forensic audit in the face of the monumental abuse in the company."
He said: “We condemn in strongest terms the recent suspension of the Director-General of the Securities and Exchange Commission (SEC), Dr. Munir Gwarzo, by the Minister of Finance, Mrs. Kemi Adeosun."
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Source: Naija.ng