Adeosun reaffirms SEC DG’s suspension

By Factnews on 31/01/2018

Share on facebook Yahoo mail icon Gmail icon

Views: 232


The minister of Finance, Kemi Adeosun has reaffirmed the suspension of the Director General Of Security And Exchange Commission (SEC). Adeosun made this clarification at a public hearing where she insisted that the suspension is in the interest of the sustainability of the capital market.

There have been allegations and counter-allegations by the minister of finance, and Munir Gwarzo the suspended Director-General of the Securities and Exchange Commission.

The suspended SEC DG argued that the finance minister interferes with the dealings of the commission.

Lawmakers, however, queried if indeed it has anything to do with the forensic audit of Oando. In her response, the minister revealed that it has more to do with public service rule, as the suspended DG was a director of an operating company in SEC which he is still a signatory to.

The hearing was adjourned to reconvene on a later date.

 

 

Posted on January, 31 2018

Share on facebook Yahoo mail icon Gmail icon


You may also like...
Abia Assembly approves Ikpeazu's request to spend N10.6b...

US cameraman down with Ebola

Over 120 escape death as Aero aircraft develops...

Setting Waste Bins On Fire, A New Trend...

Nigerian lawmakers are ‘bunch of unarmed robbers’- Obasanjo...

Umahi Kicks As APC Supporters Vandalise Govt Facilities...

WAEC releases 2018 May/June WASSCE result, says there’s...

Nigeria owes $60 billion, says Osinbajo

Nigerian league on hold over refs boycott

PLOT TO BOMB ABUJA MOTOR PARKS UNCOVERED -...

Why Ikpeazu visited me - Dave Umahi

Breaking News : 2015 - Abaribe withdraws from...
News Abia Election Special (3) Abia Supplementary Polls Update (18) Abia Supplementary Result update (22) Appointments (8) Breaking News (195) Business (35) Campus News (3) Crime (100) Economy (101) Education (112) Entertainment (143) Fashion and Style (3) General (750) Health (107) Inside Africa (39) International News (303) Interviews (26) National (1887) Politics (813) Press Releases (105) Religion (9) Security (121) Sports (423) Technology (23) World News (87)

 

 

Advertisement

 

Latest News Buhari reacts to Jos terminus fire, says he is devastated by the loss NAN to embark on strike over poor welfare PDP condemns violence in Lagos, killing of Apapa LG chairman ExxonMobil: Why we sacked spy police officers Your intervention is too late R-APC tells Buhari, insists on defection 2019: Arochukwu community adopts Gov. Ikpeazu for 2nd term Our party may not participate in the 2019 elections – PDP Chairman Grazing Bill: Imo legislator says bill dead on arrival Grazing Bill: Imo legislator says bill dead on arrival FEC silent on Revenue sharing crisis

 

Most Read Islamic agenda for Nigeria – Pastor Bosun (22,583 views) The show of shame that sealed Justice Uzokwe’s fate (17,279 views) 47 YEARS AFTER, HIS EXCELLENCY, COMMODORE EBITU UKIWE (Rtd) MAKES THE “OFO NDI IGBO” RECIPIENTS LIST (14,444 views) Breaking News : Dr Okezie Ikpeazu resigns from Abia State Environmental Sanitation Agency (ASEPA). (7,229 views) Lawyers accuse Lagos Police of working for PDP (7,001 views) Radio Biafra delivers AM Transmitter (6,720 views) ‘Why fuel scarcity persists’ (5,505 views) Nurse Justina Obi Ejelonu, one of the nurses that contracted Ebola virus is dead!!! (5,308 views) 2015: Abia’s plethora of governorship aspirants (5,133 views) Breaking News : 2015 - Abaribe withdraws from Abia guber race, backs Ikpeazu (5,094 views)