Federal Government of Nigeria has appointed Dr. Abdul Zubair as the acting Director General of the Securities and Exchange Commission (SEC) to replace the suspended Mr Mounir H. Gwarzo with immediate effect.
Zubair until Sunday, was the Director in charge of External Relations in the Commission before he was appointed as Ag DG which automatically oust the Gwarzo who was suspended on November 29, 2017 to allow unhindered investigation into alleged financial impropriety.
While the Commission patiently awaits the outcome of the assignment of the Administrative Panel of Inquiry set up by the Honourable Minister of Finance, at no point will Management allow the operational independence of the Commission to be compromised
Zubair until Sunday, was the Director in charge of External Relations in the Commission before he was appointed as Ag DG which automatically oust the Gwarzo who was suspended on November 29, 2017 to allow unhindered investigation into alleged financial impropriety.
While the Commission patiently awaits the outcome of the assignment of the Administrative Panel of Inquiry set up by the Honourable Minister of Finance, at no point will Management allow the operational independence of the Commission to be compromised
