Mr Gwarzo and a staff of NIMC are facing a 14-count charge bordering on gratification and abuse of office.
The Independent Corrupt Practices and Other Related Offences Commission on Thursday arraigned the suspended Director-General, Securities and Exchange Commission , Mounir Gwarzo, in an FCT High Court in Apo.
ICPC alleged that Mr Gwarzo on or about December 28, 2016, while serving as SEC DG, knowingly held a private interest as a director and shareholder of Outbound Investment Limited, a company which was awarded a contract to supply and install 12 units of air conditioners. The ICPC alleged that Mrs Muhammad, on about November 15, 2015, while being a public officer used her position as Principal Manager at NIMC to gratify herself.
On his part, counsel for the second defendant, Adegboyega Awomolo, SAN, drew the court’s attention to her absence in court on February 18 when the matter first came up, which prompted a bench warrant for her arrest to be issued. Ruling in the defendants’ bail applications, Mr Adeniyi held that bail was not meant to set the defendants free but to ensure their attendance in court to face trial.
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