There are lots of dead woods in the SEC–Market Analyst
Capital Market analyst, Zik Obi, has claimed that there are lots of incompetent hands in the Security and Exchange Commission (SEC).
The Legal Practitioner who was on our breakfast show Sunrise daily said the Director general of SEC, Ms Arunma Oteh is very much qualified for the position even though the House of Representatives are claiming she is not.
According to the market analyst, a lot of workers in the commission would have loved to rise to the exalted position following Ms Oteh’s suspension, “so there is probably a foul play somewhere because a lot of issues will probably be uncovered with her continued stay in the office hence the protection of individual interest” he argued.
Mr Obi further adds that SEC has been in a bad shape and Ms Oteh is doing or has done a job, warning that her removal will/may further damage the commission’