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OANDO Scandal: The Letter To The Minister Of Finance That Got SEC Director-General Gwarzo Fired

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The sack, last week, of Mr. Mounir Gwarzo as Director-General (DG) of the Securities and Exchange Commission (SEC) by Finance Minister, Mrs. Kemi Adeosun, was provoked by a letter found offensive by the minister. While the official spiel was that Mr. Gwarzo was relieved of his appointment because of a wave of corruption allegations swirling around him, including paying himself over N100million in retirement benefits to which he was not eligible, it was the letter that made Mrs. Adeosun pull the trigger. In the letter, exclusively obtained by SaharaReporters, Mr. Gwarzo pointedly refused the minister's instruction that the SEC should halt its investigation of Oando Plc, former employers of Mrs. Adeosun, for crooked book-keeping and corruption. Dated  November 28 and titled "Investigation of Oando Plc," Mr. Gwarzo's letter opened with a recall of the meeting held with Mrs. Adeosun on 27 November, where the minister verbally directed the SEC to discontinue the foren...
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Senegal's new $575 million airport opens after 10-year saga

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