Probe panel asks FG to dismiss suspended SEC DG, Gwarzo

The Administrative Panel of Inquiry, which was set up in November last year to investigate corruption allegations against the suspended Director-General of the Securities and Exchange Commission, Mr. Mounir Gwarzo, has recommended the sacking of the embattled DG from public service.

The panel, which is headed by the Permanent Secretary, Federal Ministry of Finance, Mahmoud Isa-Dutse, was set up by the Minister of Finance, Mrs. Kemi Adeosun.

In the recommendation, which was sighted by Punch newspaper correspondent in Abuja, the committee also suggested that the suspended DG should refund the sum of N104.85m, which he allegedly approved and received as severance package while still in office.

The panel also recommended that Gwarzo be referred to the Independent Corrupt Practices and other related offences Commission for further investigation of the allegation of using his position as SEC DG to influence the award of contracts to Outbound Investments Limited.

READ MORE

News Reporter

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: