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Keyamo writes Finance Minister, EFCC, others, wants DG SEC probe report made public

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Court adjourns ruling on SEC’s preliminary objection against Gwarzo

A human rights lawyer, Festus Keyamo (SAN) has requested that the probe report of the suspended Director-General of the Securities and Exchange Commission (SEC), Munir Gwarzo be made public.

The lawyer made this request in a letter he wrote to the Administrative Panel of Inquiry, Investigating the Director-General of the Securities and Exchange Commission Federal Ministry of Finance, Abuja.

Also copied in the letter were the Minister of Finance, Kemi Adeosun, the acting chairman, of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, and the chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC), Alhaji Abdullahi Bako.

In the letter he entitled, “Re: the investigation of the suspended Director-General of the Securities and Exchange Commission”, Keyamo requested for the investigation report to be made public.

The letter read, “Recall that on 5th of December, 2017, I wrote a letter to you with respect to the above subject matter requesting a thorough investigation into the activities of the erstwhile Director-General of the Securities and Exchange Commission. By the said letter, we raised the following questions:

“Did the suspended DG of SEC pay to himself the sum of N104, 851,154.94 as ‘severance benefits’ for his elevation from Executive Commissioner of SEC to DG of SEC despite not having completed his tenure as Executive Commissioner in contravention of Section 1 of the Code of Conduct for Public Officers set out in the Constitution of the Federal Republic of Nigeria and Section 19 of the Corrupt Practices and Other Related Offences Act?

“Did the suspended DG of SEC award contracts to companies like Outbound Investment Limited, Northwind Environmental Services and Micro-Technologies Nigeria Limited in which he and his cronies are both directors and shareholders in contravention of Section 1 of the Code of Conduct for Public Officers set out in the 5th Schedule of the Constitution of the Federal Republic of Nigeria ,Section 101 of the Criminal Code Act Cap C38 Laws of the Federation and Section 19 of the Corrupt Practices and Other Related Offences Act?

“Did the suspended DG of SEC divert for his personal use the vehicles belonging to the Securities and Exchange Commission despite receiving the sum of N84, 388,886.00 as monetized car grant/allowance for four cars in contravention of Section 1 of the Code of Conduct for Public Officers set out in the Constitution of the Federal Republic of Nigeria and Section 19 of the Corrupt Practices and Other Related Offences Act?

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“It is disheartening that several weeks after the Administrative Panel of Inquiry was established, Nigerians who have been patiently expectant, are yet to be informed of the Report of the Investigation or indeed the progress of the said Inquiry. I had expected that the investigation will be swift and thorough as the issues raised touch on the twin evils of corruption and impunity. Despite the inordinate delay, I am still confident that the investigations have not been compromised.

“I am by this letter kindly requesting that the Investigation Report be made public irrespective of whose ox is gored as this would help correct the perception that the anti-corruption crusade has been bedeviled by politics and ethnicity. Nigerians deserve to know the truth and the falsehoods in the allegations and counter-allegations that have characterized the investigations into the activities of the DG of SEC and Oando Plc.”

 

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