Patricia Deworitshe, Deputy Director, Press, Federal Ministry of Finance, in a statement on Wednesday said the suspension is to allow for a thorough investigation of several allegations of financial impropriety leveled against the director-general.
According to the statement, the suspension is in line with the Public Service Rules (PSRs) 03405 and 03406.
The statement noted that Adeosun has set up an Administrative Panel of Inquiry (API) to investigate and determine the culpability of the director-general.
“She has directed the suspended SEC Director-General to immediately handover to the most senior officer at the Commission, pending the conclusion of investigation by the API.
“Also suspended are two management staff of the Commission – Mr. Abdulsalam Naif Habu, Head of Media Division and Mrs. Anastasia Omozele Braimoh, Head of Legal Department – who have been alleged to engage in financial impropriety in the Commission,” the statement said.
Gwarzo was appointed SEC director-general
in May 2015 by former President Goodluck Jonathan.