Despite the controversies surrounding her re-call, the Director-General of the Securities and Exchange Commission (SEC), Arunma Oteh has resumed SEC today.
Ms Oteh’s resumption was confirmed to Channels Television on the telephone by the commission’s Public Relations Officer.
The embattled SEC DG was, last week, recalled from a compulsory leave slammed on her following allegations of financial recklessness. A firm of external auditors was subsequently engaged to examine SEC’s books.
The auditors, however, were said to have found nothing against Ms Oteh which prompted the federal government to recall her last week.
But this did not go down well with some members of staff as they staged a protest against her recall.
Meanwhile, the Minister of Finance and Co-ordinating Minister for the economy, Ngozi Okonjo-Iweala was said to have met with the commission’s staff on Friday where she told them to sheathe their swords as Ms Oteh has been found to be innocent of allegations against her. It was also gathered that Ms Okonjo-Iweala told the protesting staff that it was illegal for them to form unions at the commission.
The SEC boss, a former top official of the African Development Bank was seen as an outsider by some interests who also were not comfortable with her hard decisions in the efforts to restore sanity and investor’s confidence in the nation’s battered capital market.
