The suspended Director-General of
Nigerian Securities and Exchange Commission (SEC), Mounir Gwarzo, on Monday
filed a suit before the National Industrial Court, Abuja, challenging his
suspension by the Minister of Finance, Kemi Adeosun.
Gwarzo, who was suspended from
office in Nov. 2017 over alleged financial misappropriation, is seeking the
court to determine some issues pertaining to the minister’s action.
Adeosun had announced his
replacement in April.
But Gwarzo now wants the court to
determine whether the Minister of finance has the power to suspend him as
Director-General, an appointment made by President of Nigeria and confirmed by
the Senate.
He also asked the court to
determine whether the Public Service Rule, relied upon by the Minister to suspend
him, is applicable to persons holding the office of Director General, SEC.
Similarly, Gwarzo asked the court
to determine whether the Administrative Panel of Inquiry set up by the Minister
was properly constituted to be fair and impartial.
Counsel to Gwarzo, Abdulhakim
Mustapha, SAN, said his client amongst others was seeking an order of the court
reinstating him as the Director General, SEC .
He is also seeking for an order
of the court for the payment of all his entitlements, emoluments, allowances
and other perquisites of the office of Director General of SEC for the entire
period he was under suspension.
Mustapha also said his client was
additionally seeking an order of court setting aside the entire proceedings of
Administrative Panel of Inquiry constituted by the Minister.
Joined in the suit are the SEC,
Minister of Finance and Attorney-General of the Federation.
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