Barely a week after federal capital territory (FCT) court discharged him of fraud charges, MARK ITSIBOR writes that fresh indications suggestted that the ordeal of suspended Securities and Exchange Commission (SEC) director-general, Mounir Gwarzo may be far from over yet.
When the former director-general of the Securities and Exchange Commission (SEC), Mounir Gwarzo was discharged and acquitted by a Federal Capital Territory High Court of the charges of fraud filed against him on Tuesday last week, he did not roll out the drums to celebrate what many saw as a milestone victory for him.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) dragged him to court about a year ago over an allegation of misappropriating N115.8 million. Gwarzo was accused of paying himself N115, 834, 643.82 as severance package and car allowance in 2015, while still in the service of SEC. Mr. Gwarzo was charged alongside a Commissioner in SEC, Mr. Zakawanu Garuba on…
