The embattled Director General of the SEC Munir Gwarzo has resigned after a period of meritorious service o he Nation.
In a letter of acceptance by the Permanent Secretary Federal Ministry of Finance Dr. Mahmud Isa-Dutse made available to Control TV today, the PS said his resignation has been accepted though with a back date to 9th January 2020.
The PS also says all of Mr. Gwarzo’s entitlements will be paid.
Gwarzo was alleged to have spent over N1.7 billion on ‘golden handshake’ to some staff without due process and approval.
Also, filings with the Corporate Affairs Commission, CAC and bank documents showed Mr. Gwarzo may have been economical with the facts about his relationships with the two private companies linked to him.
Mr. Gwarzo was said to have approved the payment of retirement benefits to 44 staff of the commission in 2015 without due process and approval of the Minister of Finance Kemi Adeosun at the time.
She also resigned on the grounds of forged NYSC Certificate.
But, Mr. Gwarzo denied any wrongdoing, saying the allegations were part of a bouquet of accusations in a petition against him in January 2017 for which the Independent Corrupt Practices and other related offences Commission, ICPC had already cleared him.
RECAP:
“These are issues we went to ICPC and EFCC (Economic and Financial Crimes Commission). It is completely untrue there was any wrongdoing. We had approval of our Board for the virement for the Golden Handshake. Ask the SEC Board Secretary for the approval. Even the ICPC wrote to clear us,” Mr. Gwarzo Said.
He was suspended from office from November 2017 for allegedly paying himself about N104.9 million as severance package while still in office.
The payment was said to have breached paragraphs 313 and 316(4) of the Financial Regulations (Government Notice No. 219 of 27th October, 2009).
(C) Control TV 2020.
