Oando row: Keyamo wants probe report on DG SEC made public



Famous lawyer and Senior Advocate of Nigeria,SAN,  has  demanded that the investigative on the suspended Director General of Securities and Exchange Commission,SEC be made public.

Keyamo made the in a petition addressed  to  the Administrative panel, the Minister of Finance,the Economic AND Financial Crimes Commission,EFCC and the ICPC.

The Senior Advocate of Nigeria SAN said “It is disheartening that several weeks after the Administrative Panel of Inquiry was established, Nigerians who have been patiently expectant, are yet to be informed of the of the Investigation or indeed the of the said Inquiry. had expected that the investigation will be swift and thorough as the issues raised touch on the twin evils of corruption and impunity. Despite the inordinate delay, am still confident that the investigations have not been compromised.

am this letter kindly requesting that the Investigation be made public irrespective of whose ox is gored as this would help correct the perception that the anti-corruption crusade has been bedeviled politics and ethnicity. Nigerians deserve to know the truth and the falsehoods in the allegations and counter-allegations that have characterized the investigations into the activities of the DG of SEC and Oando Plc.

Earlier in the petition, Keyamo,  recalled  “that on 5th of December, 2017, wrote a letter to you with respect to the above subject matter requesting a thorough investigation into the activities of the erstwhile Director-General of the Securities and Exchange Commission. the said letter, we raised the following questions:

“ Did the suspended DG of SEC pay to himself the sum of N104,851,154.94 as ‘severance benefits’ for his elevation from Executive Commissioner of SEC to DG of SEC despite not having completed his tenure as Executive Commissioner in contravention of Section 1 of the Code of Conduct for Public Officers set out in the Constitution of the Federal Republic of Nigeria and Section 19 of the Corrupt Practices and Other Related Offences Act?

“Did the suspended DG of SEC award contracts to companies like Outbound Investment Limited, Northwind Environmental Services and Micro-Technologies Nigeria Limited in which he and his cronies are both directors and shareholders in contravention of Section 1 of the Code of Conduct for Public Officers set out in the 5th Schedule of the Constitution of the Federal Republic of Nigeria ,Section 101 of the Criminal Code Act Cap C38 Laws of the Federation and Section 19 of the Corrupt Practices and Other Related Offences Act?

“Did the suspended DG of SEC divert for his personal use the vehicles belonging to the Securities and Exchange Commission despite receiving the sum of N84,388,886.00 as monetized car grant/allowance for four cars in contravention of Section 1 of the Code of Conduct for Public Officers set out in the Constitution of the Federal Republic of Nigeria and Section 19 of the Corrupt Practices and Other Related Offences Act?”

It could be recalled that Mounir Gwarzo was suspended over some alleged misdeeds.But  it later that he may have been in trouble because of investigations into the activities of Oando Plc as well.