Group condemns plans to reinstate suspended DG, SEC

Date:

By Etuka Sunday

A pro Good Governance Group, ‘Network for Good Governance Against Corruption’ has condemned the reinstatement of sacked Securities Exchange Commission DG Munir Gwarzo by the National Industrial Court on the 30th of May.
The Group through a press statement by its Convener Comrade Idris Kado, held that the allegations against the DG were too grave and indicts the anti corruption war of President Buhari’s administration.
Recall that Munir Gwarzo was fired by former Finance Minister Kemi Adeosun to allow for an unhindered investigation after he was accused of collecting severance package worth N104.85 million which clearly violates the civil service rules.
It is also pertinent to note that, The ICPC had filed five count charges accusing Gwarzo of receiving, between May and June 2015, the sum of N104,851,154.94 as severance benefit when he had yet to retire,resign or disengage from service; and also the sum of N10,983,488.88 as car grant” he was not entitled to.
In two of the five counts, ICPC accused Garuba, a former Executive Commissioner, Corporate Services of SEC, of conferring corrupt advantage on another public officer in the person of Gwarzo by approving the payments to the suspended SEC boss.
The group acknowledges the judgement of the National Industrial Court which ruled that the former finance Minister lacked the power to sack the DG but insisted that the allegations of corruption were still disgraceful to the President Buhari’s administration which swore to rid the Nation’s institutions from corruption.
“It is a slap on the Integrity of the President’s anti corruption war that Munir Gwarzo who clearly violated the Civil Service rules and paid himself monies illegally is reinstated into office. President Buhari must intervene and uphold the sack of Munir Gwarzo” the statement read.
“…as lovers of Good Governance, it is our expectation that President Buhari who has the power to sack the SEC DG, fires him pending the outcome of the investigation…” the statement concluded.

READ MORE  We’re on the verge of approving ExxonMobil-Seplat deal, says FG

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Reps threaten arrest of Ede Poly rector, bursar over ₦772m spending discrepancy

  The House of Representatives Public Accounts Committee (PAC) has...

North East: Coalition Releases Report After Tour, Lauds CDS, Troops For Return Of Peace

*urges armed forces to sustain transformation The Coalition for Change...

Coalition Of Parastatals CEOS: A Masterstroke For Tinubu’s Re-election

By Omonu Nelson A political earthquake is shaking up...

DSS Arrests Fugitive Faisal Maina Convicted To 14 Years Imprisonment

The Department of State Services (DSS) has arrested Faisal...