ADVERTISEMENT

Securities and Exchange Commission DG suspended over alleged corruption

Adeosun also suspended the Commission's Head of Media Division, Mr Abdulsalam Naif Habu, and Mrs. Anastasia Omozele Braimoh, the Head of Legal Department.

A statement issued by the Federal Ministry of Finance on Wednesday, November 29, 2017, said the suspension was in line with the Public Service Rules (PSRs) 03405 and 03406.

The statement said, "the Honourable Minister has set up an Administrative Panel of Inquiry (API) to investigate and determine the culpability of the Director-General.

"She has directed the suspended SEC Director-General to immediately handover to the most senior officer at the Commission pending the conclusion of investigation by the API."

ADVERTISEMENT

Adeosun also suspended two management staff of the Commission – Mr Abdulsalam Naif Habu, the Head of Media Division and Mrs. Anastasia Omozele Braimoh, the Head of Legal Department.

They were accused of engaging in financial impropriety in the Commission.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

It could have happened to anyone - Obi sympathises with Tinubu over nasty fall

It could have happened to anyone - Obi sympathises with Tinubu over nasty fall

FG makes fresh appeal to organised labour on minimum wage

FG makes fresh appeal to organised labour on minimum wage

5 reasons some Nigerians believe Obasanjo is anti-June 12

5 reasons some Nigerians believe Obasanjo is anti-June 12

Speaker Dewan rates Nigeria's democracy performance at 7% since 1999

Speaker Dewan rates Nigeria's democracy performance at 7% since 1999

Rivers govt cautioned against tolerating misconduct of pro-Wike lawmakers

Rivers govt cautioned against tolerating misconduct of pro-Wike lawmakers

Akpabio: Claims of 2027 presidential ambitions with El-Rufai are misleading

Akpabio: Claims of 2027 presidential ambitions with El-Rufai are misleading

Gov Soludo backs 6-year presidential tenure, rejects LG autonomy

Gov Soludo backs 6-year presidential tenure, rejects LG autonomy

Lagosians blame irregular LAWMA collection for improper waste disposal

Lagosians blame irregular LAWMA collection for improper waste disposal

Has democracy favoured them? - Hamzat Lawal makes case for Nigerian women

Has democracy favoured them? - Hamzat Lawal makes case for Nigerian women

Pulse Sports

'Sack him now' - Reactions as Finidi George fails to inspire Super Eagles against Benin

'Sack him now' - Reactions as Finidi George fails to inspire Super Eagles against Benin

All for women? Gabby Thomas and other female athletes accused of poor sportsmanship to Thompson-Herah

All for women? Gabby Thomas and other female athletes accused of poor sportsmanship to Thompson-Herah

Super Eagles: Nigeria are becoming World Cup qualifying no-hopers

Super Eagles: Nigeria are becoming World Cup qualifying no-hopers

NPFL Standings: What the latest title race twist means after the abandoned Rangers vs Enyimba derby

NPFL Standings: What the latest title race twist means after the abandoned Rangers vs Enyimba derby

“How much is money? — Ighalo reacts to Osimhen flaunting his private jet

“How much is money?” — Ighalo reacts to Osimhen flaunting his private jet

Benin Republic vs Nigeria: Time and where to watch Super Eagles face the Cheetahs in World Cup qualifiers

Benin Republic vs Nigeria: Time and where to watch Super Eagles face the Cheetahs in World Cup qualifiers

ADVERTISEMENT
ADVERTISEMENT