The Minister of Finance, Kemi Adeosun on Tuesday said the suspended Director of Securities and Exchange Commission, SEC, Munir Gwarzo remains suspended until further notice.

Adeosun made this declaration at the on-going public hearing’ On The Conflict Between Minister of Finance and the suspended Director General of SEC, organized by reps committee in capital markets and other Institutions.

She told the Committee chaired by Rep Tajudeen Yusuf, PDP, Kogi that ”Munir remains suspended and I’m sending my recommendations to Mr. President today (Tuesday)".

Gwarzo through his Counsel, GUK Igwe, SAN, in his submission had also noted that the Minister does not have such a right to suspend the DG…. Details soon

Mounir Gwarzo

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