Senate urges Jonathan to sack Ms. Aruma Oteh

Senate, yesterday, urged President Goodluck Jonathan to sack Ms. Aruma Oteh, Director-General, Security and Exchange Commission, SEC, saying it would not have anything to do with the commission if she remained the head. It also threatened not to screen members of the commission’s board. 

 According to a statement by the Chairman, Senate Committee on Capital Market, Senator Ayoade Adeseun, ACN, Oyo Central, the move became imperative because of her reinstatement by the Presidency in flagrant disregard of resolution of the House of Representatives, which asked the President to sack her. 

Supporting the position of the House of Representatives, the Senate Committee said: “You will recall that the House of Representatives, few months ago, set up an ad-hoc committee, which investigated the near collapse of the Nigerian Capital Market.

 “Consequently, the House passed a resolution based on the report of that Committee that the President should sack the Director-General, SEC, Ms. Aruma Oteh. “The House further resolved that should the President fail to comply with its resolution, the House would cease to accord any recognition to the Ms. Oteh.

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