gwarzo Archives - Freedom Online

Court grants Gwarzo, suspended SEC D-G’s application for extension of time

Roland Edwards — Wed, 24 Oct 2018 19:52:39 +0000

The National Industrial Court (NIC), Abuja, on Wednesday granted three applications filed by Mounir Gwarzo, the suspended Director-General of Securities and Exchange Commission (SEC). Gwarzo was suspended in November 2017, by the erstwhile Minister of Finance, Mrs Kemi Adeosun, over alleged financial misappropriation. Gwarzo is seeking a declaration that his appointment as director-general of SEC […]

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SEC files preliminary objection against Gwarzo’s suit

Roland Edwards — Thu, 12 Jul 2018 18:04:26 +0000

The National Industrial Court (NIC), Abuja, on Thursday adjourned until October 24 hearing of the preliminary objection filed by Securities and Exchange Commission (SEC), in the suit instituted against it by its suspended Director-General (D-G), Mounir Gwarzo. Justice Sanusi Kado, adjourned the suit after listening to submissions of counsel and ordered that hearing notice be […]

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Suspended SEC DG Gwarzo sues Adeosun, Malami

Robby Akeju — Mon, 04 Jun 2018 21:40:07 +0000

The suspended Director-General of Nigerian Securities and Exchange Commission (SEC), Mounir Gwarzo, on Monday filed a suit before the National Industrial Court, Abuja, challenging his suspension by the Minister of Finance. Gwarzo, who was suspended from office in November 2017 over alleged financial misappropriation, is seeking the court to determine some issues pertaining to the […]

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Gwarzo’s suspension valid, says Adeosun

Robby Akeju — Tue, 30 Jan 2018 18:52:43 +0000

Minister of Finance, Mrs Kemi Adeosun, on Tuesday insisted that the suspension of Mr Munir Gwarzo, Director-General of Security and Exchange Commission (SEC), was valid. At an investigative hearing organised by House of Representatives Committee on Capital Market and Institutions on the issue, the minister said that the suspension was in line with public service […]

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Administrative Panel recommends Gwarzo’s dismissal from Public Service

Robby Akeju — Tue, 30 Jan 2018 18:47:15 +0000

An Administrative Panel of Inquiry has recommended the dismissal of the suspended Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo, from the Public Service. The Panel also recommended that the suspended SEC D-G be referred to the Independent Corrupt Practices and other related offences Commission (ICPC) for further investigation of the allegation […]

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Keyamo demands release of probe report on suspended SEC D-G, Gwarzo

Femi Adewale — Thu, 25 Jan 2018 18:05:39 +0000

Lagos lawyer, Festus Keyamo (SAN), has requested that the report of the investigation panel set up to probe the suspended Director General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, be made public. Finance Minister, Mrs. Kemi Adeosun, suspended Gwarzo on November 29, 2017, over allegations of financial impropriety levelled against him. An Administrative […]

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Adeosun: I suspended Gwarzo because he tried to blackmail me

Freedom Reporter — Fri, 08 Dec 2017 13:11:49 +0000

The attention of the Honourable Minister of Finance has been drawn to some misleading and mischievous media reports regarding the suspension of the Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir H. Gwarzo. Mr. Gwarzo has alleged that his suspension was due to “his refusal to stop the forensic audit of Oando Plc. […]

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Gwarzo: CACOL visits EFCC, defends corruption petition against suspended SEC D-G, hails Adeosun’s action

Robby Akeju — Tue, 05 Dec 2017 16:20:20 +0000

Centre for Anti-Corruption and Open Leadership (CACOL), a non-political, non-religious, and non-profit making organization, on Monday, visited the Economic and Financial Crimes Commission (EFCC), to defend its petition against the suspended Director General of Securities and Exchange Commission (SEC), Mr. Mournir Haliru Gwarzo. The Executive Chairman, CACOL, Comrade. Debo Adeniran, who spent one hour with […]

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Reps to investigate Gwarzo as Okechukwu says ‘rot in SEC contributes to collapse of capital market’

Ibrahim Ahmadu — Tue, 05 Dec 2017 15:04:25 +0000

The House of Representatives on Tuesday resolved to probe alleged corruption in Securities and Exchange Commission (SEC), which led to the suspension of its Director-General, Mr Munir Gwarzo, by Finance Minister, Mrs Kemi Adeosun. To this end, the House asked the parties in the matter to maintain status quo, pending the outcome of the investigation. […]

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N104m scam: Adeosun suspends SEC D-G, Heads of Media, Legal depts

Robby Akeju — Wed, 29 Nov 2017 18:26:57 +0000

Embattled Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir H. Gwarzo, was, on Wednesday, suspended by Finance Minister, Mrs. Kemi Adeosun. Gwarzo has been fingered in a N104 million scam rocking the agency. He is also alleged to be using nine companies, in which himself, his wife and some cronies have interests, […]

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N104m scam: Buhari directs EFCC to probe SEC D-G

Robby Akeju — Mon, 27 Nov 2017 09:24:06 +0000

President Muhammadu Buhari has directed the Economic and Financial Crimes Commission (EFCC) to probe an alleged “large-scale abuse of office and gross official recklessness” on the part of the Director-General (D-G) of the Securities and Exchange Commission (SEC), Mr Mournir Haliru Gwarzo. The order, according to a source, was given after a petition to the […]

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