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Compulsory leave: Oteh vows to fight back

Channels Television  
Updated June 13, 2012

The embattled Director-General, Securities and Exchange Commision (SEC), Arunma Oteh, is set to petition President Goodluck Jonathan to reverse the order by the SEC board asking her to proceed on compulsory leave.

 Following her vow not to take the issue lying down, a  close aide of  Ms Oteh, Obi Adindu, said the decision sending her on compulsory leave was taken to ridicule her as well as pursue an agenda of tenure extension.

Ms Oteh’s communications adviser Obi Adindu said her next line of action, because she is a firm believer in due process, would be to make her representations to her employers.

“She will communicate what has happened now to her employers and also look at due process to ensure that not too much under-the-table dealings led to this decision by the board,” he said.

A statement by SEC on Tuesday, noted that its board had directed Oteh to proceed on compulsory leave to enable the commission to investigate issues arising from the recent probe of the capital market decline by the House of Representatives.