It was revealed yesterday at the National
Assembly probe that the Director General of the Security and Exchange
Commission, Ms Arunma Oteh, spent N850,000 on food
in one day, in
violation of regulations on how chief executives can spend. The House
committee probing her said she's compromised her position by engaging in
a spending spree in the last one year she's been in office. But no one
said anything abut her resigning.
“We have also found out
that you have been spending the money of SEC unjustly. You have stayed
in Hilton for eight months. On a particular day, you ate N850,000 worth
of food and spent over N30 million within the period. We have proof of
all these,” said Hon. Herman Hembe.
These were part of the
startling revelations made by the committee investigating the "illegal"
activities going on with Nigerians hard-earned money in the Stock Market
which is supposed to be regulated by the Securities and Exchange
Commission, SEC, headed by Ms Arunmah Oteh.
No comments:
Post a Comment