Union Rejects Gwarzo’s ‘Reinstatement’, Shuts SEC Office In Abuja

Channels Television  
Updated June 3, 2019


Some workers of the Securities and Exchange Commission (SEC) have protested against attempts to reinstate the suspended Director General of SEC, Mounir Gwarzo.

The workers, under the auspices of Association of Senior Civil Servants of Nigeria (ASCSN), SEC Branch, locked up offices at the Headquarters of the agency on Monday, over attempts by the suspended DG to resume duties.

Gwarzo had been indicted for abuse of office and corruption by an Administrative Panel of Inquiry set up by the Federal Ministry of Finance headed by the Permanent Secretary, Dr Mahmoud Isa-Dutse.

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He was also indicted by the House of Representatives Ad-Hoc Committee which investigated his suspension by the former Minister of Finance, Mrs Kemi Adeosun.

Addressing union members during the protest, ASCSN Chairman at SEC, Nelson Oleghe, stated that members have the right to reject any move they deemed to be wrong.

He said, We are SEC staff members of Senior Staff Association of Nigeria, SEC branch. We are a labour union that press home demands and concern with the welfare of members.

The suspended DG of SEC has been on suspension for almost two years, following allegations of abuse of office levelled against him.

Oleghe added, The recommendations of the Special Investigation Panel (SIP) set up by the former Honourable Minister of Finance, Kemi Adeosun, indicted him.

The suspended DG was charged to court by ICPC. The case was poorly handled by the judge and ICPC. In all of the court cases, the issues of fraud were not mentioned and areas pointed out by the SIP were not touched by the judges.

The union chairman disclosed that they heard from a reliable source that the suspended DG after being pronounced free by the court,” wanted to stage a comeback and resume duties.

After due deliberations at an emergency meeting held on Sunday, June 02 2019, we have unanimously agreed to hold a peaceful protest to stop the purported action about to be taken by the suspended DG, he stated.

Oleghe said, We call on all staff of the union, press, and the general public to be aware and witness our action.

We believe that an institution that prescribes good corporate governance should be seen taking the lead. We say no to Gwarzo he added.

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