The Board of the Securities and Exchange Commission (SEC) has directed the Director-General of the Commission, Arunma Oteh to proceed on compulsory leave, to enable them probe allegations of financial misappropriation and disharmony in the apex capital market regulator.The Board also appointed Daisy Ekineh, an Executive Commissioner of SEC, to act as Director-General.
SEC, Tuesday morning, confirmed the removal of Oteh, but its spokespersons refused to give further comment, promising to comment extensively on the matter later in the day.-channels
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