Business Suspended SEC DG Gwarzo Granted Bail by ICPC

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LequteMan

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The suspended DG of the Securities Exchange Commission, SEC, Mounir Gwarzo, has been granted bail by the ICPC after he honored their invitation on Monday.

Gwarzo was suspended by the finance ministry for financial impropriety.

An ICPC source said:

“Gwarzo honoured our invitation on Monday and was detained after which he was granted bail. He was asked to provide a surety on the level of a director at the Federal Civil Service and must have property in Abuja.

“He met the condition and was released on bail. We have not yet done a thorough interrogation so he will return on a later date.”
 

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