Arunma Oteh Probe: SEC Boss sent on compulsory leave

| June 12, 2012

Arunma Oteh Probe: SEC Boss sent on compulsory leave

Arunma Oteh Probe – Securities and Exchange Commission (SEC) Boards directed Ms Aruma Oteh on compulsory leave.

Arunma Oteh News

This development was said to be coming up so as to enable them probe allegations of monetary misappropriation and disharmony within the apex capital market regulator.

The Board has additionally named Ms Daisy Ekineh, government Commissioner of SEC, to act as Director-General.

The Securities and Exchange Commission on Tuesday confirmed the removal of Arunma Oteh, however its spokespersons refused to present more comment, promising to comment extensively on the matter later within the day.

Words has it that this removal is politically motivated and the board’s selfish decision to ridicule Oteh, install Ekineh as DG and illegally extend Ekineh’s tenure, along side the tenure of alternative Commissioners.

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Category: Breaking News in Nigeria Today

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Isaac Success Olaoye is a Webmaster and a Blogger who lives in Lagos. He is a Guest / Co-author on Many Blogs within His Niche.

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