SEC DG, Two Others Suspended Over Alleged Fraud

Minister of Finance, Kemi Adeosun on Wednesday announced the suspension of the Director-General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, over an allegation of financial impropriety levelled against him.

Also suspended are two management staff of the Commission.

They are Head of Media Division, Mr. Abdulsalam Naif, as well as Head of Legal Department, Mrs. Anastasia Braimoh.

Both were also alleged to engage in financial impropriety in the Commission.