ICPC to appeal ruling that freed suspended SEC-DG Gwarzo
Sacked Director General of the Securities and Exchange Commission, SEC, Mounir Gwarzo, [Photo credit: Pulse.ng]The Independent Corrupt Practices and Other Related Offences Commission has said it would appeal the ruling on the ‘No Case Submission’ in the trial of the suspended Director-General of the Securities and Exchange Commission , Mounir Gwarzo. Mr Gwarzo and the Executive Commissioner, Corporate Services of SEC, Zakawanu Garuba, were tried by the ICPC.
The former Minister of Finance, Kemi Adeosun, suspended Messrs Gwarzo and Garba from their positions in November 2017 over allegations of corruption. In a statement signed by its spokesperson, Rasheedat Okoduwa, on Wednesday, ICPC alleged that Mr Gwarzo received N104.9 million as severance benefits and N10 million excess car grant which he was not entitled to and therefore committed a breach of trust and conferred a corrupt advantage upon himself.
“The defence counsel A.U.Mustapha and Robert Emupkoeruo filed for a No Case Submission after the prosecuting counsel had brought forward their witnesses. The defence urged the court to hold that the prosecution was unable to prove the case against their client.
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