Gwarzo awarded contracts to his companies, family members – Adesoun

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Adeosun and Gwarzo-Photo: Vanguard

By Kazeem Ugbodaga

Minister of Finance, Kemi Adeosun says she cannot be blackmailed over her suspension of the Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo due to alleged fraud, saying that the suspended SEC boss awarded contracts to companies related to him and members of his family.

A statement issued by, Oluyinka Akintunde, Special Adviser, Media & Communications to the Minister said the attention of the minister been drawn to some misleading and mischievous media reports regarding the suspension of Gwarzo.

Gwarzo has alleged that his suspension was due to “his refusal to stop the forensic audit of Oando Plc.

“The Minister would not have ordinarily responded in view of her responsibility for the approval of the Constitution and Terms of Reference for the Administrative Panel of Inquiry into the…

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