Tuesday, September 18, 2012

Reps urge Jonathan to sack Oteh

Arunma Oteh The House of Representatives on Tuesday urged President Goodluck Jonathan to sack the Director General of the Security and Exchange Commission (SEC), Arunma Oteh, who was recently reinstated from a compulsory leave for incompetence.
The House in its first plenary session after a long recess said the call to terminate Ms Oteh’s appointment at SEC follows the resolution of its committee, which investigated the near-collapse of the Nigerian Capital Market which was adopted by the House.
The House added that its committees would henceforth cease to accord any recognition or deal with Ms Oteh as the director-general of the commission.
It directed its Committee on Legislative Compliance to brief it on the level of compliance with the resolution within 14 days.
This resolution was sequel to a motion moved by Ossai Ossai (PDP-Delta), which was unanimously adopted.
Mr Ossai said that in spite of the conveyance of the house resolution to the president by the Clerk of the National Assembly, he went ahead to recall Ms Oteh from suspension.
He said that members of staff of the SEC had protested the recall of embattled DG.
She had also been cautioned by the Secretary to the Government of the Federation, Pius Anyim, for flouting extant rules and administrative procedures in the conduct of all official transactions.

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